Safaricom’s M-PESA service has partnered with PayPal to allow Kenyans to move money easily between their mobile money wallets and PayPal accounts. The new partnership is expected to benefit over …
Telkom Kenya, once a trailblazer in the country’s telecommunications industry, is now facing a steep decline in market relevance as it struggles to keep pace with dominant rivals Safaricom and …
Safaricom is beginning to feel the pressure in Kenya’s mobile money industry, as new data shows a steady drop in M-Pesa’s market share. For many years, M-Pesa has led the …
The Nairobi Securities Exchange (NSE) managed to regain some strength on Thursday, days after it suffered heavy losses due to tensions between Israel and Iran. Investors in Kenya and across …
Elon Musk’s internet company, Starlink, is currently facing serious challenges in Kenya, just less than two years after launching operations in the country. Starlink, which uses satellites to deliver internet, …
Safaricom, the Nairobi-based telecoms and digital services provider, has made history as the first company in East Africa to surpass $3 billion in annual revenue. The firm’s financial results for …
Huawei has doubled uptake of 5G network as demand rises among local telcos. Huawei says 12-telecom operators in 10-markets have adopted the technology over the last 3-years. Demand for fifth …
Safaricom has rolled out 5G networks in five counties, enabling customers to access faster internet speeds. The telco has unveiled the networks in Nairobi, Mombasa, Kisii, Kakamega, and Kisumu. Faster …
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 …
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. …