Local institutional investors have acquired shares worth Sh9.5 billion in Safaricom following the exit of domestic shareholders and foreigners, reversing the government’s objective of boosting Kenyan retail investors’ stake in …
Safaricom Plc, the Kenyan mobile-phone company that counts Vodafone Group Plc as its biggest investor, plans to revamp its corporate structure in the next two years to make it easier to expand …
Safaricom has appointed John Ngumi as its director and Chairman of the Board effective August 1, subject to regulatory approval. Ngumi will take over from Michael Joseph who served as …
Safaricom has partnered with education technologies firm Kodris Africa to promote the study of coding in the country by allowing the purchase of lessons on the M-PESA app. Customers can …
Kenya’s largest telco Safaricom Plc has announced that mobile network operators Kenyans can now make direct mobile money payments to an M-PESA Pay Bill Number from Telkom and Airtel networks. …
Safaricom has restructured $400 million worth of short-term credit facilities into medium-term loans in a process that saw part of the debt converted into local currency to ease pressure on …
Safaricom has announced the return of Nyakua 100 per cent Data Bonus, a campaign that was unveiled earlier this year for customers to enjoy 100 per cent bonus data upon …
As part of its preparations to launch full-scale operations in the Horn of Africa soon, Kenya’s leading telecom operator Safaricom has signed a 5-year infrastructure lease agreement with Ethiopian Electric …
A US government agency has delayed the disbursement of a $500million (Sh53.97 billion) loan to finance the entry of a Safaricom-led consortium into the Ethiopian telecoms market, citing uncertainty over …
Vodacom Group Ltd. has agreed to fund Safaricom Telecommunications Ethiopia PLC, a new mobile telecommunications services provider in Ethiopia. The company is backed by an international consortium including Safaricom PLC, …