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IDFC to fund Safaricom expansion into Ethiopia

· A loan deal was signed by Safaricom and its partners with US sovereign wealth fund International Development Finance Corporation (DFC) to borrow up...

Safaricom record strong gains and hits 58pc share of all NSE stocks

Safaricom’s share of combined investor wealth at the Nairobi bourse has hit a high of 58.79 percent rising from 55.94 per cent on October...

Safaricom hints M-Pesa transaction charges cut

The move aims at retaining the customers and higher business volumes that followed the imposition of free M-Pesa for deals of up to...

Safaricom to cut Ethiopia License Bid Price After M-PESA Block

Safaricom has disclosed that it is planning to cut its bid price for the Ethiopian market licence after the Ethiopian government’s decision to...

Safaricom to introduce smartphones in Kenyan market run on 4G

·        Safaricom Chief Executive Peter Ndegwa announced that  his company is finalizing plans to roll out  new phones in the Kenyan...

Safaricom launches anew App to help small businesses

(3 minutes read) · Safaricom has launched a Lipa Na M-PESA Business smartphone app for the more...

Safaricom Foundation’s vigilante against Covid-19

(4 minutes read) ·        Safaricom Foundation in collaboration with ScopeInternational has set up sanitation booths in six counties in Kenya toensure that...

New CEO of Safaricom

Kenyan national Peter Ndegwa  become CEO of Safaricom, scotching the speculation that a non-Kenyan may be appointed to the coveted post. The announcement is the...

Safaricom records lowest market share

The Communications Authority of Kenya (CA) ‘s latest data reports that Safaricom’s share of mobile subscribers plunged to 63.5 percent in the full year...

Safaricom still has to appoint a CEO

It appears that Safaricom is finding difficult to find a suitable successor to deceased Bob Collymore.  Kenyan based East Africa’s largest telecom firm and most profitable...

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