Safaricom completes full acquisition of M-Pesa Holding Company from Vodafone

Reading Time: < 1 minute Safaricom has announced that it has completed the full acquisition of M-Pesa Holding Company Ltd from Vodafone, a process which […]

Michael Joseph resigns as director in Safaricom board

Reading Time: 2 minutes Michael Joseph has resigned as a Director in the board of Safaricom PLC, with effect from August 1, 2023. The […]

Safaricom Ethiopia nails IFC loan deal

Reading Time: 2 minutes Safaricom Telecommunications Ethiopia (STE), a subsidiary of Safaricom PLC, is set to receive $257.4 million (Sh36.8 billion) from the International […]

Safaricom remains dominant with over 46M subscribers as penetration rate drops

Reading Time: 3 minutes Safaricom has remained the most dominant telco with over 46.7 million subscribers as of March 31, 2023, according to a […]

IFC to invest Sh14 billion in Safaricom Ethiopia

Reading Time: < 1 minute International Finance Corporation (IFC), the private lending arm of World Bank, has announced a $157.4 million equity investment (Sh21.9 billion) […]

Experts downplay effects of changes at Safaricom

Reading Time: 2 minutes The latest boardroom realignments at the country’s largest mobile network Safaricom Plc, may not have a wider implication on the […]

Safaricom split dominates 2022 debates in telco sector

Reading Time: 2 minutes One of the most dominant debates in business and political circles this year has been the split of Safaricom into […]

Telco directors face arrest over contempt of court

Reading Time: 2 minutes A warrant of arrest has been issued against all directors of Safaricom, including the CEO Peter Ndegwa, after a Magistrate Court […]

Safaricom unveils M-Pesa facility targeting the youth

Reading Time: < 1 minute Safaricom has launched a new M-Pesa product targeting teenagers between the ages of 10-17 who constitute nearly half of the […]

Safaricom launches service that can keep customer line active for 2 years without use

Reading Time: < 1 minute Safaricom has launched a new service dubbed Daima, that will enable customers to keep their lines active for up to […]