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Kenya loses control as SA’s Vodacom wins Safaricom CEO post
Kenya government’s shareholding in Safaricom has been reduced to 20 per cent, while public investors retain 25 per cent. [File, Standard] Vodafone Kenya, a subsidiary
Safaricom Tightens Grip on Kenya’s Digital Economy as Starlink Emerges Among Top Ten ISPs
The operator”s scale in mobile money is particularly striking. With an 89.1 per cent market share in a segment that now boasts 53.4 million active
Safaricom Focuses on AI and Fintech for Kenya’s Tech Growth
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,
Safaricom Addresses M-PESA Wallet Deduction Concerns
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
Safaricom Sale Risks Lower Government Returns Auditor Warns
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