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Safaricom Kenya

Safaricom Appoints New Chief Enterprise Business Officer

East Africa's telecom leader, Safaricom, announced on Thursday the appointment of Cynthia Karuri-Kropac as its new Chief Enterprise Business Officer. The appointment will be made effective 1 September 2022. She is set to replace Joseph Wanjohi, who has been serving...

Airtel Money is Now On its Own

Telecoms group Airtel Kenya has announced that it will be splitting its mobile money business - Airtel Money - from its main company. Instead, Airtel Money will now be operating under the name 'Airtel Money Kenya Limited'. “Following this business separation,...

Kenyan Government Seeks to Control Safaricom Call Charges

The Kenyan government wants to control the rates that Safaricom charges rivals for terminating calls on its network to protect small telecommunications firms. The new regulations set by the state seek to bar dominant telcos from making profits from mobile...

M-PESA Rakes in $1.5-Billion Amid Kenya’s Betting Craze

Kenyans have spent Sh169.1-billion ($1.5-billion) betting through Safaricom's M-Pesa in the year to March. According to Business Daily, disclosures show that the value of bets jumped 23.8 percent from Sh136-billion ($1.2-billion) a year earlier. The Kenyan government is trying to crack...

Ethiopia Changing Laws to Prepare for M-PESA Launch

Ethiopia has reportedly started changing certain national payments laws in an effort to clear the way for Safaricom to launch M-PESA, Africa's largest fintech platform, to the Horn of Africa country's virtually untapped market of 110-million people. The National Bank...

Safaricom Launches Shari’ah-Compliant Mobile Loans

Safaricom has partnered with Gulf African Bank to launch a Shari'ah-compliant mobile financial service, Helal Pesa, in Kenya. According to Tech Weez, the product is the first Shari'ah-compliant mobile and digital solution in the East African country. Customers accessing financing through...

Safaricom Pulls Staff Out of Ethiopia As War Nears the Capital City

East Africa's leading telecom company Safaricom has reportedly evacuated some of its employees from Ethiopia, fearing disruption to its operations due to the ongoing armed conflict and civil unrest in the horn of Africa country. The firm evacuated employees...

3 Ways That Safaricom is Leading the Future of IoT in Kenya

The Internet of Things (IoT) sums up a collective web of interconnected smart devices all running through the internet across each other to a central information hub, working together in unison. IoT has become a buzz term in regards to...

All M-PESA Services Are Going Offline Tonight But for How Long?

Safaricom has announced in a statement that it will be taking down all M-PESA services, including the purchase of airtime for the undertaking of "enhancements and maintenance" of its systems. "We are constantly investing and innovating M-PESA to ensure that...

Safaricom Announces Launch Date for Commercial 5G Network

Safaricom has announced that it will increase its 5G sites by 200 by the end of 2021, and launch a commercialised version of its 5G services in 2022. Kenya's leading telco launched 5G technology for the first time in the...
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How Are Smart Contracts Transforming Financial Transactions?

In the dynamic landscape of financial technology, smart contracts emerge as a transformative force. These self-executing contracts, with terms...
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