Search Results for: M-Pesa
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BUSINESS
Safaricom and Gulf African Bank launch Shari’ah-compliant mobile financing solution
Safaricom has partnered with Gulf African Bank to launch Halal Pesa, the first Sharia-compliant mobile and digital financial product. The…
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News
Safaricom revamps its data plans, to offer 100% more data at no extra cost
Safaricom has today made some adjustments to its data plans. With the new changes, customers are set to enjoy up…
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News
Safaricom to Pilot Smart Vehicle Tracking System
In October last year, we did an interesting podcast on The Internet of Things (IoT), a topic we believe affects…
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News
Showmax is now offering Safaricom customers two months of streaming for the price of one
Video streaming platform Showmax today announced a new partnership with Kenya’s leading telco Safaricom. The partnership will see Showmax offer…
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COLUMNS
TEJPAL BEDI: Regulating digital lenders in Kenya: The benefits for consumers and industries
In 2021, President Kenyatta approved an amendment that gives the Central Bank of Kenya powers to license and oversee previously…
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Apps
3 trends set to dominate African mobile apps in 2022
In 2021, the mobile industry in sub-saharan Africa continued to show incredible resilience against the impacts of Covid-19 and experienced…
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News
Kenyan fintech startup Alvin raises $740,000 pre-seed funding
Kenyan fintech startup Alvin has raised a $740,000 pre-seed funding round led by Nigerian venture capital firm, Ingressive Capital. Other…
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COLUMNS
LAURENT SARR: Why Digital Identities Are The New Frontier
Whenever a user, or consumer, creates a profile or account on any online platform, they must have a unique way…
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Reviews
The ShareHub app takes you on a journey through the stock market in Kenya
ShareHub App: Investments is one of the subjects that lingers through our minds every single day. Having an investment portfolio…
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BUSINESS
Safaricom To Facilitate Free Government Funds Transfers To 360,000 Drought-Hit Households
Safaricom has partnered with the government to facilitate mobile money transfer to drought-stricken households in 23 Arid and Semi-Arid Land…
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Featured
Shinda Mbuzi ya Krisi! Odibets Surprises Customers With an Early Christmas Gift
Kenya’s leading betting firm Odibets has announced that it will be giving out 100 goats daily to lucky winners starting…
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Startups
Kenyan fintech startup Asilimia raises $2 million in pre-seed funding
Kenyan fintech startup Asilimia has raised $2 million in pre-seed funding to expand its operations to new markets in East Africa.…
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News
[Updated] Safaricom Lipa Mdogo Mdogo Flexible 4G Smartphone Financing Plan Explained
Safaricom launched its much-awaited flexible smartphone financing plan in July last year. The campaign, precisely known as Lipa Mdogo Mdogo,…
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News
Here is the list of companies and individuals shortlisted for the Africa Tech Awards 2021
The Africa Tech Festival Awards (formerly known as AfricaCom Awards), turns 14 in 2021. These established industry awards acknowledge and…
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News
[This Week in Tech] Wapi Pay founders step down from their roles
This has been quite an interesting week in tech in Africa. We covered a number of great announcements here at…
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News
Safaricom Neon Ray 2 Review: The Most affordable 4G smartphone in Kenya
Safaricom Neon Ray 2 Review: On Wednesday morning, I posted a question on my Twitter timeline asking my 8,500 followers…
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News
TONNY TUGEE: Fintech in Kenya – an industry of innovation
Almost every industry across the globe is undergoing rapid digital transformation, and the world of finance is no exception. Technology…
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BUSINESS
Kenyans can now invest in NSE using their Safaricom bonga points
Safaricom has today announced a new partnership with the Nairobi Securities Exchange (NSE)to enable Kenyans to invest in stocks using…
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News
Kenyan fintech startup Wapi Pay raises $2.2m funding to digitise Africa-Asia trade payments
Kenyan fintech startup Wapi Pay has raised $2.2 Million in pre-seed funding to scale up global payments and remittances between…
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BUSINESS
Bolt Introduces Early Cash-out Feature for drivers
Bolt has launched an on-demand cash withdrawal feature dubbed Early Cash-Out, enabling drivers to instantly withdraw their earnings such as…
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News
Bitcoin Is Gaining Traction in Kenya: What Lies Underneath?
Kenya is what many refer to as the African Silicon Valley. Despite the unstable nature and overall volatility of Bitcoin,…
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Featured
10 Reasons why Odibets is Taking Over the Betting Industry in Kenya
Kenyans love sports, especially football. In addition, Kenya has also produced some of the best athletes in the world, cementing…
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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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Featured
Wee ni Baba yao, kula Thao! Odibets surprises customers With Father’s Day bonus
Kenya’s leading betting firm Odibets has announced that it will be giving out a free bonus of Sh1000 to fathers…
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Featured
Understanding WAZIBET, The newest betting company in Kenya
Wazibet, one of the newest sports betting site in Kenya, has experienced tremendous growth in the last few months courtesy…
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News
Pandemic Increases Consumer Demand For Mobile Healthcare in Kenya, Report
There is an increasing demand for mobile healthcare services in Kenya. This is according to a recently launched report by…
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News
GSMA recognizes Safaricom’s contribution to the mobile industry
Safaricom has today been presented with the “Outstanding Contribution to the Mobile Industry Award” by the GSM Association (GSMA). The Award…
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Featured
Happy Mother’s Day: Odibets To Surprise More than 1000 Mums with Free Shopping
Kenya’s leading betting firm Odibets has announced that it will be giving out free shopping to mothers this weekend in…
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News
Key enablers to E-commerce in Kenya
E-commerce sales globally amounted to $4.28 trillion in 2020. This was mainly attributed to lockdowns, social distancing, and the push…
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News
[Services Restored]Safaricom Customers Unable to Access Critical Services Due to a Major Glitch
Safaricom customers woke up to a lack of services this morning as a glitch hit the telco’s infrastructure. Customers were…
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BUSINESS
Safaricom’s Ambitious Plans to Connect Africa via Mobile Money
Launched in 2007, Safaricom mobile money service M-PESA has catapulted the telco to the global map. M-PESA is crucial, especially…
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BUSINESS
Kenyans Sent Nearly Ksh 1 Trillion to Businesses in Three Months
As the country opened from the over 3-month lockdown effective March 18, 2020, to July 7, Kenyans spend increased as…
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News
Shinda Jogoo ya Easter – Odibets Surprise to Customers
Kenya’s leading betting firm Odibets has announced a new Easter promo for its customers. The betting firm will be giving…
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News
Spotify is now available in Kenya
You must have probably seen or read about this already, yes, Spotify is now available in Kenya. The audio streaming…
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News
Kenya Bets on ICT for Economic Transformation
Kenya is championing ICT to aid economic transformation. During the 2021 Africa Business Forum held virtually, President Uhuru Kenyatta praised…
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BUSINESS
New Carrefour Kenya Mobile App Lets Shoppers Place Orders Online
Carrefour Kenya has launched a new mobile app that will now let users shop online and have their goods delivered…
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News
VC-backed free money transfer service Taptap Send is now live in Kenya
Taptap Send, a venture-backed fintech startup that lets immigrants send money back home to emerging markets instantly has launched in…
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BUSINESS
NTSA selects dozens of companies to build cashless fare payment system for PSVs
The National Safety and Transport Authority (NTSA) has selected dozens of local firms to build a cashless fare payment service…
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News
Six Emerging FinTech Trends in Africa
Africa is quickly becoming the centre of new fintech innovations and adoptions. Many financial technology start-ups are coming up across…
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BUSINESS
Safaricom Seeks Regulatory Approval on new Financial Products
Kenya’s largest telco Safaricom has applied for regulatory approval on three new financial products that will expand its product offerings.…
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BUSINESS
Safaricom Flexible 4G Smartphone Financing Plan Attracts 50,000 Users
Over 50,000 Safaricom customers have jumped ship on the telco’s flexible 4G smartphone financing plan dubbed Lipa Mdogo Mdogo. According…
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CYBER SECURITY
Kenya Ranked Among the Top 3 African Countries Affected by Mobile Fraud
Kenya has been ranked among the top three African countries hit by mobile fraud. According to Evina, a Paris-based cybersecurity…
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BUSINESS
Prime Bank and SimbaPay partner for instant international money transfer
Kenya’s private bank Prime Bank has partnered with London-based fintech SimbaPay, to launch an instant international money transfer service via…
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Apps
Safaricom Updates MySafaricom App With New Features
Safaricom’s MySafaricom App update has brought with it a range of new features. The most notable of the bunch is…
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BUSINESS
Safaricom Celebrates 20th Birthday, Launches New Campaign
Kenya’s largest telco, Safaricom, is today celebrating its 20th birthday after officially being launched in the country on 23rd October…
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BUSINESS
Safaricom Processes an average of six Loans Per Second on Fuliza
Safaricom ’s overdraft facility, Fuliza, was launched in 2019 but now processes an average of six transactions per second. In…
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BUSINESS
Here’s How Much Kenyan Telcos Made from Mobile Services in 2019
The latest data from the ICT watchdog, the Communications Authority of Kenya(CA), shows how much revenue the telco sector made…
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BUSINESS
Kenyans Sent Nearly 450 Billion to Businesses in Three Months
Kenyans sent a lot more money to businesses in the April-June quarter, owing to the government directive urging them to…
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BUSINESS
Showmax Adds Five Local TV Channels on its Platform
Showmax, Multichoice’s streaming service, has bolstered its product offerings since the year started. With the introduction of Showmax Pro, Kenyans…
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BUSINESS
Safaricom and NCBA Differ on Lowering M-Shwari Interest Rates
Amid pressure to cub predatory mobile lending platforms from the regulator, Safaricom and its partner NCBA have differed on cutting…
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BUSINESS
Telkom Kenya Calls on Market Regulator to Ensure Sector Fairness
Telkom Kenya is calling upon industry regulator, the Communications Authority of Kenya, to ensure a level playing field in the…
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News
Safaricom’s 24-hour Service Upgrade To Affect a Number of Services, Starting Tomorrow
Kenya’s largest telecom Safaricom has announced a planned weekend service upgrade. According to the telco, the service upgrade is meant…
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News
M-Shwari Raises the Minimum Loan Limit to Ksh 2000
M-Shwari, a mobile lending product from Safaricom in partnership with NCBA, has raised its minimum loan limit to Ksh 2000.…
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COLUMNS
[Column] Patrick Ndegwa: Unlocking the Value of Mobile Connectivity in Kenya
Advancing far more quickly than other countries in Sub-Saharan Africa, Kenya has seen a rapid expansion of the adoption of…
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News
NCBA Loop has become a complete mess
We need an NCBA Loop alternative, we need it now. Loop has become a mess, a complete mess. CBA launched…
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News
How to Pay for Your Electricity Bill using Bonga Points
Safaricom and KPLC have announced a partnership to allow the telco’s customers –both prepaid and postpaid– to pay for electricity…
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News
Safaricom Adds Daily Transaction Limit Counter on MPESA Messages
Back in April, the Central Bank of Kenya increased the daily transaction limit on mobile money transfer services in the…
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Full Time
Smartphone Architect Job
We are pleased to announce the vacancy for Architect, Smartphone within Software Engineering. In keeping with our current business needs,…
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TRENDING
Kenya raising the bar for digital transformation in East Africa
From rapid mobile penetration to better financial inclusion, Kenya has been at the heart of digital transformation in East Africa;…
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BUSINESS
Open Banking opens up new opportunities for Banks in Africa
Open Banking is a global FinTech trend that is revolutionising the financial services landscape across the world by enabling banks…
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BUSINESS
Kenyans To Continue Sending Up to Ksh 1000 Via Mobile Money for Free till December 31st
In March, the Central Bank of Kenya rolled out several measures to cushion locals from the adverse effects presented by…
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BUSINESS
Safaricom Customers Redeemed 1 Billion Bonga Points in 2 Months
Safaricom’s Bonga For Good initiative which was launched by the telco on 3rd April 2020, came to an end on 4th…
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New Appointments
Safaricom CFO Sateesh Kamath takes up new role at Vodafone
Safaricom CFO, Sateesh Kamath, has been appointed to the role of Chief Financial Officer Vodafone Business, effective 1st July 2020.…
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BUSINESS
Uber launches Uber Cash in Partnership with Flutterwave in Africa
US-born ride-hailing company, Uber, plans to launch Uber Cash, a digital wallet feature in partnership with Flutterwave in Africa. Uber…
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BUSINESS
NTSA Wants To Ban Cash Payments On Matatu Fares
The National Transport and Safety Authority (NTSA), wants to ban the use of cash for matatu fares across the country.…
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Startups
TeleAfya Mobile app wants to connect patients with local doctors for medical assistance
A new mobile application that seeks to connect patients with doctors for medical assistance has been launched in Nairobi. Known…
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Startups
Zuru, the ‘’AirBnB for cars’’ has launched in Nairobi
Zuru, a new car-sharing platform that lets you rent your car to strangers has launched in Nairobi. Through its vehicle-sharing…
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News
Going cashless is helping contain the spread of Covid-19 in Africa
As the effects of the coronavirus continue to bite, many countries in Africa are turning to technology to fight this…
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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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BUSINESS
Free Cash Transfers Cost Safaricom Ksh.650 Million In losses In March
The removal of transaction charges for M-PESA transactions below Kshs,1,000 over coronavirus outbreak has seen Safaricom lose Ksh.650 million in…
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BUSINESS
Safaricom FY20 Revenue Grew by an impressive 14.3% to KShs.71.7 Billion Beating Expectations
Kenya’s largest telco, Safaricom, has just released its financial results of the year, which has indicated strong revenue growth. Profits…
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BUSINESS
Safaricom Customers To Pay Less As Telco Implements Government’s Reduction In VAT Order
As of today, you may have already heard that the government slashed the Value Added Tax from 16 percent to…
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News
Kenyans turn to e-commerce as coronavirus pandemic fears grow
The coronavirus has spread to dozens of countries across Africa within weeks, with the head of the World Health Organisation…
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BUSINESS
Glovo partners with Naivas to offer free deliveries for orders above Ksh.1,000
Delivery firm Glovo has announced a new partnership with Naivas Supermarkets to provide free deliveries in the wake of the…
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News
Safaricom Will Have A System Maintenance On Sunday – Here’s What You Need To Know
Kenya’s largest internet service provider, Safaricom, has a planned system maintenance that will take place this Sunday (22nd March). During…
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BUSINESS
Airtel Waives Transaction Fees On Its Mobile Payment Service Across all Bands
After the CBK met with Payment Service Providers and other financial industry players. Safaricom was the first telco to announce…
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BUSINESS
Safaricom’s AI Chatbot Zuri Brings A One-Stop Support Desk On WhatsApp
Safaricom’s AI Chatbot Zuri is a hell of a kind. The telco is the only one in the country with…
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News
Safaricom’s AI chatbot Zuri now available on WhatsApp – How to activate
Remember Zuri? Safaricom’s artificial intelligence (AI) Chatbot to manage customers’ queries. Well, she’s now available on WhatsApp. Zuri has been…
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News
Shopify Joins Facebook-led Libra Association, Months After High Profile Members Exit
Facebook Libra has received the first new member, ever since the exit trend kicked off in the wake of regulatory…
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CYBER SECURITY
[Column] Is your personal data safe?
We share a lot more information in the digital world than we used to. Businesses, organisations, close family, friends and…
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BUSINESS
Samsung, Safaricom and M-Kopa unveil financing plan for the Galaxy A10s, don’t go for it
Safaricom, Samsung and M-Kopa today morning launched a new product or what they are calling a pay as you go…
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24BIt
24Bit Podcast Episode 18: Mobile Money and Mobile Banking Transaction Rates in Kenya
Do you use mobile money services? Okay, what kind of a question is that? Kenya is very synonymous with mobile…
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BUSINESS
Safaricom and M-Gas partner to offer prepaid gas services for Kenyan homes
Safaricom and M-Gas have launched a prepaid gas service for Kenyan households. The new service according to the two is…
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BUSINESS
Safaricom Denies It Plans To Start Monetizing User Location Data – Here Is What Was Happening
Early this week, I am sure you were bombarded with several articles alleging that Kenya’s biggest telco Safaricom was planning…
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BUSINESS
Safaricom Customers Being Conned Using Telco’s Official Number
Looks like fraudsters are always devising new ways to con people on the Safaricom network. A number of users are…
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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
Stakeholders meet to discuss future of mobile money platforms in Africa
Key representatives from over 8 countries in Africa gathered at a workshop organized by Vodacom to look into trends and…
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COLUMNS
Why Using a Password Manager is Vital in this Day and Age
Facebook is in the middle of an ongoing privacy-related scandal: the exposure of hundreds of millions of passwords online. This is…
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BUSINESS
Understanding Mobile Wallets in Africa
The demand for mobile wallets is really high these days, especially in Africa. A mobile wallet (also called digital wallet)…
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BUSINESS
Jumia Has it All Sale – Thousands of electronic products to be discounted
Jumia is for no doubt, the largest e-commerce business in Kenya. Jumia, as a platform, has even been the primary…
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BUSINESS
Safaricom’s Masoko Plans Expansion into more Sub-Saharan Countries in 2020
Masoko online retailer by Kenya’s largest telco Safaricom has revealed their expansion plans into more sub- Saharan countries in 2020.…
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BUSINESS
Safaricom Partners With Showmax on One-Month free Streaming Offer for Home Fibre Customers
Safaricom Home Fibre customers will be able to enjoy one-month unlimited access to Showmax at no cost starting this April.…
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News
Affordable entry-level devices key driver of smartphone adoption in Kenya
Jumia has released its 2019 White Paper report ahead of its Mobile Week scheduled to run from the 22nd to…
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BUSINESS
Understanding Zuri, Safaricom’s AI Chatbot and Why it’s Important
In December 2018, Safaricom introduced Zuri, an Artificial Intelligence (AI) Chatbot to help customers perform a wide range of tasks.…
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COLUMNS
[Column] Building the Intelligent Telco Enterprise – Growth opportunities for African telecoms operators
While the telco industry may have seen its traditional revenue streams decline further in 2018, thanks in part to the…
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BUSINESS
Safaricom launches ‘Shukrani KochoKocho’ promo to reward its customers
Safaricom has today unveiled a new promotion to reward its customers. Dubbed “ Shukrani Kocho Kocho Kenya Nzima”, the ten-week…
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News
Safaricom Introduces ZURI, an AI Chatbot to manage customer queries
Safaricom has introduced an artificial intelligence (AI) Chatbot to manage customers’ queries. Known as Zuri, the chatbot is currently available…
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BUSINESS
Family Bank partners with SimbaPay to launch instant money transfers to WeChat
Family Bank has partnered with London-based financial technology firm SimbaPay to launch an instant money transfer service from Kenya to…
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BUSINESS
Cross-network money transfer between Safaricom and Telkom goes live
Cross-network mobile money transfer between Safaricom and Telkom went live in Kenya on Thursday. This came as the country’s main…
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BUSINESS
Hashmart, the new online retailer in town is betting big on electronics
You will agree with me that the internet has revolutionized how most of us shop. Because of the numerous advantages…
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