Sunday, February 25, 2024
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M-Pesa Profits

Safaricom Chalks Up Almost $500-Million Profit from M-Pesa Unit

Safaricom, a Kenyan mobile operator company, made an Sh50 billion ($423.8-million) profit before tax from its M-Pesa mobile money service in the year ended in March 2022. According to Business Daily, the performance statement shows that while M-Pesa business contributed...

Safaricom Bosses Receive $6.4 Million in Free Shares

Several senior executives at Safaricom, Kenya's preeminent telecom, were awarded 16.4 million shares with a current market value of Sh700-million ($6.4-million) for free in March as compensation for their past performance. According to Business Daily Kenya, the company's employees cashed...
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How Much Data Does Streaming Use?

Video streaming is the next big thing in the entertainment business. More consumers are developing a preference for streaming...
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