Tag: Safaricom
Safaricom enables payments with internet data bundle
Safaricom has unveiled a new payment option allowing its millions of customers to pay for goods and services using their Internet data balances as...
Vodafone to sell M-Pesa Holdings to Safaricom for $1
Vodafone has announced that it would sell M-Pesa Holding Company Limited (MPHCL), the company that manages all M-Pesa deposits, to Safaricom for $1.
Per its...
Safaricom expands 5G coverage in Kenya
Safaricom has increased its 5G coverage to 28 towns across 21 counties in Kenya, allowing its customers to enjoy ultra fast Internet services.
The telco...
Kenyan protestors asked to boycott Safaricom, others
Kenyan opposition leader Raila Odinga has called on his supporters to shun the services and products of Safaricom, Kenya Commercial Bank, and media company...
Safaricom sued for $2.4 billion over profits from M-Pesa loans
Three persons have indicted Safaricom and Vodafone in a lawsuit which claims that Safaricom is operating its M-Pesa arm and Fuliza, its overdraft service,...
Ethiopia sets Mobile Money licensing fee at US$150 million
The National Bank of Ethiopia (NBE) has proposed $150 million as the licence fee for all mobile money operators who want to set up shop...
Ethiopian government invites bidders for 45% stake in Ethio Telecoms
The government of Ethiopia has published a Request for Proposal (RFP) documents inviting interested investors to bid for 45 per cent minority stake in...
Safaricom loses $4 million in massive SIM card fraud, lessons for...
Kenya’s telecoms market leader Safaricom has fallen victim to a massive SIM card fraud scheme that investigators believe is worth over Ksh500 million ($4...
Safaricom crosses 1 million customers in Ethiopia
Safaricom has crossed the one millionth mark in subscriber numbers in Ethiopia just a month after the launch of operations in the populous nation...
Safaricom shares surges after securing mobile money license in Ethiopia
Shares of Kenyan telecommunications operator Safaricom surged more than 9% on Friday after it secured a mobile financial services licence in Ethiopia.Ethiopia’s finance minister,...