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
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Safaricom Customers To Enjoy 100pc Bonus Data In Revamped Campaign
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 …
- SafaricomSpotlight
Safaricom signs 5-year infrastructure lease agreement with Ethiopian Electric Power
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 …
- Business PoliciesEastern AfricaGlobal NewsSafaricom
US delays Sh54bn loan for Safaricom Ethiopia entry
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 …
- Banking, Finance & InvestmentEastern AfricaSafaricomSpotlight
Vodacom Group to fund Safaricom’s New Mobile Telecoms Company in Ethiopia
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, …
- AmazonBanking, Finance & InvestmentPress ReleasesSafaricom
Safaricom in Talks with Amazon for M-Pesa integration as a payment option
Kenya’s leading telco Safaricom is reportedly in talks with U.S e-commerce giant Amazon to integrate M-pesa as a payment option. The move, according to a report by Bloomberg, is part …
Safaricom’s share price closed at an all-time high of Sh39.9 on Wednesday as investors rushed to buy on news that the telecoms operator is close to securing an operating licence …
- BusinessEastern AfricaSafaricomTelecommunications
Safaricom to launch 5G network Friday in Nairobi and western Kenya
Safaricom will Friday launch Kenya’s first fifth-generation (5G) mobile internet services targeting major urban centres, making it the inaugural operator to offer commercial and superfast services in the region. The …