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Safaricom Sued to Disclose financial holdings by M-Pesa Account Holders

(3 minutes read) Three M-Pesa account holders in Kenya are seeking to compel Safaricom to disclose the mobile money platform's financial statements as opposed to...

Safaricom to widen its base in Ethiopia

(3 minutes read)  Safaricom is targeting to sign up at least two million customers on its M-Pesa mobile money service in the Ethiopian market by...

Safaricom to introduce zero-interest rate credit service in Kenya 

(3 minutes read) Safaricom has finally unveiled the zero-interest credit service for the purchase of goods for up to Sh100,000 which had initially been blocked...

Safaricom to take over M-Pesa cash firm from Vodafone

(3 minutes read) Safaricom is taking over M-Pesa Holding Company Limited from London-based Vodafone Group Plc. M-Pesa holds hundreds of billions of shillings powering its...

Safaricom gets approval for engaging in money transfers in Ethiopia

(3 minutes read) The Central Bank of Ethiopia recently granted Kenyan telecoms operator, Safaricom, the first mobile money transfer licence. This is the first time...

Safaricom expands 5G network in Kenya

 (3 minutes read) Safaricom Plc has announced the expansion of its 5G coverage to 28 towns in 21 counties in Kenya, enabling its customers to...

Airtel cuts into Kenyan Voice market share at Safaricom’s cost

(3 minutes read) Safaricom’s dominance of the voice market came down to a two-year low. At the same time, the share of Airtel rose to...

Safaricom to provide mobile money transfer service in Ethiopia

Safaricom has become the first private telecoms operator in Ethiopia after it signed a deal to provide mobile money transfer service in the...

Safaricom earnings to plunge with the new MTR rates

It is estimated that Safaricom may lose almost Sh1.5 billion annually when the new mobile termination rates (MTR)- charges levied by a mobile...

Expensive phone sets dampens Safaricom’s 5G expansion

The high prices of the handsets have put off millions of subscribers from switching phones to 5G from 4G slowing down Safaricom’s expansion...

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