Safaricom
Safaricom is investing $500 million to transform itself from a telecom provider into a tech leader by 2030. The company is focusing on AI, fintech, and infrastructure upgrades to support Kenya’s businesses, farmers, and entrepreneurs. M-PESA Fintech 2.0: Africa’s Next-Gen Mobile Money Revolution Safaricom is taking M-Pesa to the next level by embedding AI into […]
Safaricom, Kenya’s largest telecommunications provider, has addressed concerns regarding unexplained deductions from M-PESA user accounts. The company attributes these transactions to pre-approved standing orders related to payments for the new health levy. The clarification comes after numerous customers reported noticing funds being withdrawn from their M-PESA wallets without a confirmation screen appearing, raising concerns about […]
Kenya faces potential long-term revenue losses if the government proceeds with selling a portion of its stake in Safaricom to Vodacom, according to Auditor General Nancy Gathungu. Her warning came during an appearance before the National Assembly’s joint committees on Finance and National Planning, and on Debt and Privatisation. Proposed Sale and Payment Structure The […]
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