Tag: Safaricom
Safaricom loses $4 million in massive SIM card fraud, lessons for...
Kenya’s telecoms market leader Safaricom has fallen victim to a massive SIM card fraud scheme that investigators believe is worth over Ksh500 million ($4...
Safaricom crosses 1 million customers in Ethiopia
Safaricom has crossed the one millionth mark in subscriber numbers in Ethiopia just a month after the launch of operations in the populous nation...
Safaricom shares surges after securing mobile money license in Ethiopia
Shares of Kenyan telecommunications operator Safaricom surged more than 9% on Friday after it secured a mobile financial services licence in Ethiopia.
Ethiopia’s finance minister,...
Safaricom Ethiopia launches network
Safaricom has launched mobile services in Ethiopia after securing an operating licence from the government in 2021.
At the same time, Safaricom Ethiopia has been granted...
M-Pesa separating from Safaricom
The maiden mobile money platform in the world, M-Pesa is splitting from its mother telecom company, Safaricom.
The two will become separate entities by January...
Safaricom poaches new Chief Enterprise Business Officer from AT&T
East Africa’s telecom leader, Safaricom, announced on Thursday the appointment of Cynthia Karuri-Kropac as its new Chief Enterprise Business Officer. The appointment will be...
Safaricom eyes enterprise boost after pilot with Nokia 5G FWA
Safaricom is set to boost its enterprise services following a pilot with Nokia's fixed wireless access (FWA) 5G, which is the first of its...
Safaricom hires more developers
Safaricom, Kenya’s telecommunications giant, is doing all it can to retain its number one spot in the country, including a recent funnelling of 400...
M-Pesa accounts for 50% of Safaricom’s $900 million profit
Safaricom’s latest annual report shows that M-Pesa accounted for half of the company's profit before tax, outperforming voice and data.
Per the report, M-Pesa generated...
M-PESA goes international
The partnership between Safaricom and Visa has given birth to a new card virtual that allows payments across borders.
The collaboration had earlier developed...