Friday, April 18, 2025
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Safaricom News

East Africa

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

Luis Monzon -
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...
East Africa

Safaricom to Take All M-PESA Services Offline – When, Why & How Long

Luis Monzon -
Safaricom is set to take down all M-PESA services from Saturday 6 November 2021 at 23:59 until Sunday morning 04:00 - effectively for four hours as Kenya's largest telecom company conducts maintenance on its services for around the 10th...
East Africa

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

Luis Monzon -
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...
East Africa

Safaricom Announces Launch Date for Commercial 5G Network

Luis Monzon -
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...
Company News

Safaricom to Bank $481-Million from Kenya Power Meter Deal

Luis Monzon -
Kenya's top telecom is set to make $481-million (Ksh53.5-billion) for installing smart electricity meters to Kenya Power's largest consumers in a new deal meant to curb power theft, and electricity leakages while also fixing significant weaknesses on the utility...
General

Top 4 Most Trending Stories – Week in Review

Luis Monzon -
As this week comes to a close we take a look at the stories that resonated most with our readers. This week was marked by huge vaccine-related news in South Africa. After Discovery Health announced mandatory vaccinations for its employees...
Company News

M-PESA Becomes Africa’s Largest FinTech with 50-Million Active Users

Luis Monzon -
The mobile money service of Kenya's largest telco has officially reached 50-million active users across Africa, according to an announcement by Safaricom. M-PESA is now, by the sheer size of its active user base, the most popular mobile money platform...
Africa By Region

Top 10 Largest Telecom Companies in Africa

Luis Monzon -
The COVID-19 pandemic has spurred digital transformation initiatives across Africa, but it has also affected the revenues of its largest telecommunication firms. Almost all of the companies in this list had their bottom lines affected by the global pandemic either...
Company News

Safaricom Customers Can Now Buy NSE Shares with Bonga Points

Luis Monzon -
Customers of Kenya's eminent telco Safaricom can now buy shares listed on the Nairobi Securities Exchange using their Bonga Points. This marks the first investment option for redeeming the Bonga Points loyalty reward, which can be used for a...
Company News

Safaricom Wins Legal Battle for M-Pesa 1 Tap

Luis Monzon -
The case of Jonathan Murangiri Gikabu claiming that Safaricom had stolen his idea to launch M-Pesa payments using a card tap, wristband or a phone sticker has been dismissed by Kenya's High Court judge Grace Nzioka. The judge says that...
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Latest News

FinTechStaff Writer -

PayPal and TerraPay Unite to Expand Cross-Border Payments Across MEA

PayPal has announced a strategic partnership with TerraPay, a leading global money movement platform, to enable real-time fund transfers...
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