Search Results for: SAFARICOM ETHIOPIA
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News
Safaricom Ethiopia closes funding transaction from World Bank’s investment arms
Safaricom Ethiopia is set to receive funds from the World Bank Group, following the closure of the transaction during a…
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BUSINESS
Safaricom Ethiopia CEO Anwar Soussa is leaving the company after two years
After being appointed to lead the Safaricom-Led consortium operations in Ethiopia in July 2021, Anwar Soussa now leaving the company.…
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BUSINESS
Safaricom Ethiopia goes live in five more cities
Safaricom Ethiopia has switched on its network and services in five more cities. The cities include Hawassa, Assela, Jigjiga, Sodo…
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News
Safaricom Ethiopia pilots its services in Dire Dawa ahead of national launch
After announcing plans to launch commercial operations in Ethiopia within the year, Safaricom has now started large-scale customer pilot of…
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BUSINESS
Safaricom Ethiopia launches staff recruitment drive ahead of launch
Safaricom Telecommunications Ethiopia PLC on Friday launched a countrywide staff recruitment drive ahead of its commercial launch. The telco also…
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BUSINESS
Safaricom shares its accomplishments and future strategies for Ethiopia
Safaricom PLC on Friday held its second Investor Day in Addis Ababa, providing an opportunity for the investment community to…
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BUSINESS
Safaricom now has 1.2 million M-PESA customers in Ethiopia
Safaricom has now registered 1.2 million M-PESA customers since launching the mobile money service in the country in August this…
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News
Safaricom launches M-PESA in Ethiopia
Safaricom has finally launched its mobile money service M-PESA in Ethiopia. The service went live on Wednesday three months after…
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News
[Ethiopia] Safaricom M-Pesa and Hibret Bank enter into Mobile Banking and Agency Partnership
As Safaricom Ethiopia prepares to launch M-Pesa in the country, the telco has now announced a Mobile Banking and Agency…
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News
Safaricom picks new CEO for its Ethiopia business unit
Wim Vanhelleputte has been named the new CEO for Safaricom Ethiopia effective September 1. His appointment comes just a week…
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News
Safaricom granted mobile money license to launch M-Pesa in Ethiopia
Safaricom has announced that it has officially been granted a mobile money license to launch M-PESA in Ethiopia. Since launching…
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News
Safaricom to launch M-Pesa in Ethiopia this year
Safaricom has revealed that its mobile money service M-Pesa will go live in Ethiopia this year. Dilip Pal, Safaricom’s chief…
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News
More than 740k customers have so far joined Safaricom network in Ethiopia
Safaricom has revealed that more than 740,000 customers have joined its network in Ethiopia during its first month of operation.…
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News
Safaricom officially goes live in Ethiopia
About 16 months after winning a telecom license to operate in Ethiopia, Safaricom has today finally gone live in the…
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BUSINESS
Safaricom to launch commercial operations in Ethiopia this year
Safaricom is set to launch commercial operations in Ethiopia within the year. Safaricom CEO Peter Ndegwa confirmed this while releasing…
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News
Safaricom to launch M-pesa in Ethiopia after new law changes
There is a wave of transformation sweeping across the telecommunications sector in Ethiopia. It started with reforms effected by Prime…
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CLOUD
Safaricom selects VMware as its Cloud Platform partner in Ethiopia
Safaricom Ethiopia has selected multi-cloud services provider VMware as its Telco Cloud Platform partner. The announcement was made at the…
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News
GPE Appoints Anwar Soussa To Lead Safaricom-Led Consortium Operations in Ethiopia
The Global Partnership for Ethiopia (GPE) on Monday appointed Mr. Anwar Soussa as the Managing Director (MD) of the Operating…
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BUSINESS
Safaricom-led consortium wins Ethiopia’s telecom license
Ethiopia ’s telecommunications regulator has awarded an operating licence to a consortium led by Kenya’s Safaricom and Japan’s Sumitomo Safaricom,…
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News
Ethiopia Denies Shortlisting Safaricom for Telco License
A report emerged on Wednesday that Kenya’s largest telco Safaricom had made it to the shortlist of six firms selected…
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BUSINESS
Safaricom Joins Shortlist of Firms Qualified for Ethiopia Telco License Bid
Safaricom has been shortlisted in the final list of firms that will bid for one of the two telecom license…
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BUSINESS
Safaricom Bids For Telco License in Ethiopia
Kenya’s largest telco, Safaricom, has filed a fresh bid for a license to operate in Ethiopia. The company will battle…
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Interviews
#TechTrendsChats : Safaricom CEO, Peter Ndegwa on Telco’s expansion plans to Ethiopia and other African markets
Safaricom expansion plans to Ethiopia: Safaricom has been planning to expand to the Ethiopian market for a while now. When…
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News
Safaricom launches Connect Academy for Fiber Optic Technicians
Safaricom has launched the Connect Academy, a programme that will offer premier industrial training for fibre optic technicians. Launched on…
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BUSINESS
M-PESA partners with Onafriq for international remittances to Ethiopia
Safaricom has today announced an International Money Transfer Agreement with Onafriq, Africa’s digital payments network to help streamline remittance flows…
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News
Is Ethiopia Africa’s sleeping fintech giant?
The fintech sector has been one of Africa’s biggest technology success stories. According to one report, the continent’s 678 fintech startups…
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News
Why Launch of M-PESA Ethiopia is set to ignite a financial revolution in one of Africa’s biggest economy
A recent report by the GSMA dubbed State of the Industry Report on Mobile Money 2023 underscores how mobile money…
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News
Michael Joseph resigns from Safaricom board
Michael Joseph has resigned as a Director on the Board of Safaricom, the telco giant announced on Tuesday. In a…
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BUSINESS
Safaricom M-PESA revenue hits Ksh.117.2 billion
M-PESA continues to be one of the biggest revenue streams for Safaricom. In the full year ended March 2023, the…
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BUSINESS
Safaricom records a 22.2% decline in net profit
Kenya’s leading telco Safaricom net profit stood at Ksh.52.48 billion in the full year ended March 2023, down from Ksh.67.49…
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News
Ethiopia sets $150 million license fee for M-pesa entry
The telecommunications landscape in Ethiopia has largely lagged behind its neighbors, owing to strict observance of monopolistic regulations. Until Safaricom…
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News
Increased taxation on SIM Cards and phones eat into Safaricom’s half-year profits
In the Finance Act 2022, the government of Kenya imposed a 10% excise duty on the importation of cellular phones…
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News
New Mobile Termination Rates affected Safaricom’s half-year results
In August this year, the Communication Authority (CA) introduced new Fixed and Mobile Termination Rates (FTR and MTR). These are…
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BUSINESS
Safaricom’s M-Pesa revenue hit Ksh 107.69 Billion
Safaricom M-Pesa revenue grew by 30.3% to hit Ksh. 107.69 Billion. This is according to the telco’s Full Year 2021/2022…
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News
Safaricom’s Chief of Special Projects Retires After 17 Years
Safaricom’s long-serving Chief of Special Projects Joe Ogutu is set to retire after serving the company for 17 years. Ogutu,…
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News
Safaricom’s Diversity and Inclusion initiatives recognized at Zero Project Awards
Kenya’s leading telco Safaricom has been named among the recipients of the 2022 Zero Project Award. The award recognizes innovative…
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News
Safaricom’s Chief Corporate Affairs Officer Steve Chege joins Vodacom Group
Safaricom’s Chief Corporate Affairs Officer Stephen Chege is joining Vodacom Group. According to a statement by Safaricom, Steve will be…
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News
KCB, Safaricom Join Acumen in Selecting 20 East Africa’s Emerging Social Leaders
Twenty social entrepreneurs from across East Africa are set to join the prestigious Acumen East Africa Fellows Program in a…
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News
M-Pesa services to be unavailable on Monday morning
Kenya’s leading telco Safaricom has issued a notice to its customers of planned system maintenance that will affect its mobile…
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COLUMNS
Dilip Pal: The Telecommunications Greenfield Conundrum
For most businesses, expansion, especially to a new geographical area is both an exciting but also expensive and nerve-wrecking process.…
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News
Michael Joseph appointed board chair of insurtech startup Pula
Former Safaricom CEO Michael Joseph has been appointed as board chair of Kenya agricultural insurtech startup Pula. The startup was…
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News
From How To Hack WIFI To BirdBox; Here Is What Kenyans Searched For The Most in 2019
Google’s year in search report for this year is out. Since most people use Google to search for answers they…
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News
Tecno Mobile ranked among Africa’s Most Admired Brands
Tecno Mobile has been ranked among the top most Admired electronics brands in Africa. The company which is part of…
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News
How to save money with remittances to Africa
International money transfers to Africa are rising. There are good reasons for that. With the choice of the right online…
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News
NetGuardians Africa nominated for the 2016 African FinTech Awards.
NetGuardians has been nominated for the 2016 Africa FinTech Awards. The innovative Swiss Fintech company which was inaugurated in Nairobi,…
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