Safaricom consortia will spend Sh36.3 billion ($300 million) annually in Safaricom Ethiopia. Safaricom Chief Executive Officer (CEO) Peter Ndegwa said the amount will be invested every year. This comes at …
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- BusinessMobile Telecommunications Network (MTN)Southern AfricaTelecommunications
MTN partners with energy companies to maintain towers running during load shedding
MTN, Mobile giant has partnered with energy companies in a bid to keep its communication towers running during load shedding, as the country battles ongoing power cuts. Johannesburg head-quartered enterprises, 24Solutions …
- AirtelBusinessEconomyKenya NewsMarketsSafaricomTelecommunications
Safaricom plan To convert Into a New Holding Company that will house the telecommunications business
Kenya’s largest and most profitable company Safaricom plans to convert into a holding company that will house the telecommunications business, the M-Pesa Mobile money business and Ethiopian unit as subsidiaries. …
- BusinessEconomyKenya NewsMarketsSafaricom
Safaricom executives get Sh390 million free shares as a compensation for the past performance
Senior Safaricom managers were awarded 15.28 million shares with a current market value of Sh390 million for free in the year ended March as compensation for past performance. The employees …
- AirtelBusinessKenya NewsTechnologyTelecommunications
40 Million SIM Cards Registered To stop Illegal Mobile Phones Lines In Kenya
Over 40million sim cards have been registered in the country as at last Saturday, October 15 when the campaign to register all mobile phone SIM cards ended, bringing to a …
- AmazonInformation TechnologyPoliticsSouthern Africa
Amazon Cape Town headquarters battles over speaker for First Nation Tribe
Amazon in it’ controversial R4.6 Billion development is experiencing a battle in Western Cape High Court over who can speak for a First Nations tribe. The development, at the confluence …
- AirtelBusinessMobile Telecommunications Network (MTN)Southern AfricaTelecommunications
MTN stalls Telkom’s purchase after Rain’s proposal
MTN Group Ltd.’s talks to buy South Africa’s Telkom SA SOC Ltd. have stalled following a rival deal proposal from another telecom company, people familiar with the matter said. Negotiations …
Higher quality video, cloud gaming, virtual reality, and greater automation will push South African mobile networks to roll out 5G coverage in the next few years. That is according to …
- AirtelBusinessMobile Telecommunications Network (MTN)Southern AfricaTelecommunications
MTN Plc and Airtel Nigeria increases data rates by 10 percent
Telecommunications companies in Nigeria; MTN Plc and Airtel Nigeria have increased prices for their internet data services by about 10 per cent. Both companies confirmed the increase on their separate …
- AgricultureAirtelBusinessEconomyKenyan News
Sugar Prices hit High Record on Decline in Sugar Cane Production
A two-kilo of sugar has risen by Sh 12 at a time when the country is facing a 34 per cent decline in cane production. In leading retail stores such …