Search Results for: Safaricom
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News
Kenya’s metered internet bill puts broadband costs and privacy under scrutiny
Kenya’s metered internet billing proposal is moving the broadband debate into territory that goes beyond how much households pay each…
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News
Paratus Uganda first to launch Starlink service
Paratus Uganda has become the first internet service provider in the country to launch Starlink’s low earth orbit (LEO) satellite…
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News
Transsion’s Hong Kong IPO tests whether global investors will price Africa-built tech at scale
Transsion’s move toward a Hong Kong IPO is shaping up as more than another listing. It raises a bigger question…
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News
Stripe and Advent push ahead with a higher PayPal takeover bid after rejected offer
PayPal is back at the negotiating table after rejecting a $53 billion takeover offer from Stripe and private equity firm…
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BUSINESS
Airtel’s Money unit eyes rare US dollar pricing in London IPO
Airtel Africa’s plan to take Airtel Money public in London has entered a new phase, with the company now considering…
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News
East Africa’s investment banking playbook is changing as pension capital takes centre stage
East Africa investment banking trends are no longer being defined by larger loans alone. According to Absa’s East Africa Director…
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News
Parliament’s internet billing debate takes a turn as ISPs warn mandatory metered pricing could raise costs
A proposal that could change how Kenyans pay for home internet has entered a new stage in Parliament, and telecom…
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News
KCB Investment Bank eyes $3 billion fund to reorganise Kenya’s KSh3.8 trillion institutional capital pool
A deal worth KSh204 billion can disappear into a single headline, but the months of work behind it rarely make…
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News
Yasemin Bedir takes Mastercard’s EEMEA helm as mobile money and fintech reshape African payments
Mastercard has appointed Yasemin Bedir as President of its Eastern Europe, Middle East and Africa (EEMEA) region, putting the nearly…
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News
Kenya’s banking stocks get an ETF as CMA approves the WSA fund
The WSA Banking Index ETF has won approval from Kenya’s Capital Markets Authority (CMA), giving investors a new way to…
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News
NSE plans first AI-focused ETF as Kenya broadens investment options
The Nairobi Securities Exchange (NSE) is preparing to launch an AI-focused exchange-traded fund before the end of 2026, potentially giving…
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News
The biggest myths about data privacy and why they still catch people out
As the digital landscape continues to evolve, data privacy has become a fundamental concern due to increased awareness of cyber…
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News
Refugee students and young innovators bring AI-powered ideas to the forefront at Kenya’s national science exhibition
Twenty refugee schools from Kakuma and Dadaab are among institutions taking part in the ninth Young Scientists Kenya (YSK) National…
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News
Airtel Kenya has finally put a launch timeline on its Fuliza rival, but winning customers may take much longer
Airtel Kenya has finally put a timeline on one of its most anticipated financial products. The operator says its mobile…
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News
Two new undersea fibre optic cables will expand Kenya’s international internet capacity before 2027
Kenya undersea fibre optic cables are set to expand again before 2027, strengthening the country’s position as one of Africa’s…
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News
Beyond Starlink: What SpaceX’s mobile network means for Africa
SpaceX’s mobile network ambitions are becoming much clearer after the company publicly confirmed that it intends to build ground-based telecommunications…
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News
Kenya’s stock market hits KSh4 trillion after a rally fuelled by blue-chip stocks and new listings
The Nairobi Securities Exchange (NSE) has crossed the KSh4 trillion market capitalisation mark for the first time in its history,…
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News
Cloud9’s Chpter acquisition reveals a bigger plan for business banking in Africa
Cloud9’s acquisition of Chpter gives a clearer view of how the Kenyan fintech wants to compete: by placing banking and…
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News
Zuku cuts fibre prices as Kenya’s broadband market heats up
Kenya’s fixed broadband market has for years been defined by expansion. Internet service providers competed to reach more estates, apartment…
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News
Airtel nears satellite-to-phone launch in Kenya as it awaits regulatory approval
For decades, expanding mobile coverage has largely meant building more towers, laying more fibre and extending networks into areas where…
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News
Kenyan Web3 startups raise Sh4.4bn since 2021, report shows
Hashed Emergent, the venture capital firm accelerating web3 adoption in Africa and other emerging markets, has released the inaugural edition…
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New Appointments
Anne Kinuthia-Otieno Lands at Visa After Airtel Money Exit
Anne Kinuthia-Otieno has been appointed Vice President and Head of East Africa at Visa, ending weeks of speculation following her…
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News
Why Meaningful Consent Matters Every Time You Share Personal Data
Every day, people are asked to accept privacy policies before opening an account, installing an app or completing a transaction.…
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News
Anne Kinuthia Leaves Airtel Money After Steering Airtel’s Fintech Rise
Anne Kinuthia Otieno is leaving Airtel Money after nearly five years, closing a chapter that helped strengthen the company’s position…
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News
Jubilee’s bolttech Deal Brings Health Insurance Into Everyday Transactions
Kenya has one of Africa’s most advanced digital finance ecosystems, yet health insurance remains out of reach for many households.…
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News
Customer Trust Begins With Responsible Data Protection
You probably think about your personal data when an app asks for permission to access your contacts or location. What…
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News
M-PESA Ethiopia Brings Gebeya’s AI Tools to Its Mini App Platform
M-PESA Ethiopia has expanded its digital services by partnering with Gebeya Inc. the Ethiopian technology company to introduce AI powered…
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News
Hustler Fund Adds Bonga Points Repayments in Bid to Boost Loan Collections
Hustler Fund borrowers can now use Safaricom Bonga Points to repay State-backed loans, giving the government another way to recover…
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News
Stripe’s Reported Bid for PayPal Puts Its Africa Strategy Under the Spotlight
Stripe’s reported PayPal acquisition bid has reopened questions about the future of one of the world’s largest digital payments companies—and…
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News
The Business Behind M-Pesa Africa Is Finally Profitable After Years of Expansion
M-Pesa Africa has reported its first profit from operations since Safaricom and Vodacom created the joint venture, marking an important…
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News
Airtel Money Heads Back to London With a Bigger IPO in Sight
Airtel Money’s renewed IPO plans have returned the company’s fast-growing fintech business to the spotlight, this time with London emerging…
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News
Lost KCB Appeal Spells Out Bank Duties in Mobile Money Mishaps
A High Court ruling arising from a Sh2,050 mistaken mobile money transfer involving KCB could have implications far beyond the…
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News
Ten Months On, Why Airtel’s Nxtra Data Centre Matters More Than Ever for Kenya
When Airtel Kenya broke ground on its US$150 million Nxtra data centre in Tatu City last September, the announcement stood…
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News
Why Cloud Managed Security Is Changing Africa’s Digital Economy
Africa’s digital economy is expanding at a remarkable pace with mobile money platforms processing billions of dollars in transaction, businesses…
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News
Kenya’s Metered Internet Billing Bill Puts Unlimited Fibre Plans Under Scrutiny
A proposal before Parliament could change how many Kenyans pay for home internet. The Kenya Information and Communications (Amendment) Bill,…
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News
Tom Mulwa Takes Over at the NSE as Kiprono Kittony Steps Down
Tom Mulwa will become chairman of the Nairobi Securities Exchange (NSE) on July 13, succeeding Kiprono Kittony after six years…
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News
Ziidi Trader Tops KSh1 Billion as Retail Trading Builds
Four months after opening to retail investors, Ziidi Trader has crossed the KSh1 billion mark in cumulative turnover, adding fresh…
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News
Women Account for 52% of Active Pochi Users as Adoption Accelerates
Women now account for more than half of all active Pochi la Biashara users, marking a significant milestone for one…
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News
Starlink’s Mobile Ambitions Could Find Their Biggest Test in Africa
SpaceX’s reported plans to sell Starlink mobile service directly to consumers in the United States may look like another chapter…
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News
Kenyan Women Entrepreneurs Turn to Pochi to Keep Business Money Separate
For thousands of Kenyan women running small businesses, one of the biggest obstacles to business growth is no longer attracting…
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News
The Battle to Control Africa’s Money: Mpesa Vs Banks Vs Fintech’s
Africa’s biggest battle is no longer taking place inside banks’ boardrooms or startup incubators; it’s unfolding every time one sends…
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News
Why Kenya Keeps Appearing in Africa’s Corporate Expansion Plans
More than Sh400 billion in announced acquisitions by South African firms has focused attention on a question increasingly shaping boardroom…
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News
MPs Reject VAT on M-Pesa Transfers as Digital Payments Become Mainstream
Kenyan lawmakers have moved to preserve the M-Pesa VAT exemption proposed under the Finance Bill 2026, shielding mobile money transfers…
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News
Kenya’s Telecom Market Grew but the Rankings Barely Changed
Kenya’s telecom market share figures changed little during a quarter that produced one of the largest subscriber increases seen in…
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News
Why the Telkom Kenya Buyout Still Casts a Shadow Years Later
The Telkom Kenya Helios buyout was supposed to bring closure to a long-running ownership question surrounding one of the country’s…
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News
The Fibre Revolution Bringing Full-Speed Internet Home
For many people using home Wi-Fi, internet access can fluctuate depending on their location in the house. The signal seems…
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BUSINESS
Stanbic Explores New Banking Venture in Ethiopia
Stanbic Bank is considering establishing a wholly owned banking operation in Ethiopia, opening a potential route into one of Africa’s…
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News
GABI Accelerates Africa’s Digital and Health Transformation Agenda
The Global Africa Business Initiative (GABI) has advanced its Digital and Health Action Pathways following a Solutions Lab convened on…
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News
A Banking Award for Co-op, a Fintech Prize for Ziidi Trader, and a Bigger Story Behind Both
Recognition for Co-operative Bank of Kenya and the M-Pesa-powered investment platform Ziidi Trader at this year’s African Banker Awards has…
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News
I&M Bank Opens NSE Trading for MTN After Heavy Investor Demand
Trading has started on I&M Bank’s first listed medium-term note at the Nairobi Securities Exchange, extending a recent pickup in…
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News
Kenya’s Internet Providers Are Fighting a Different Battle Now
For years, Kenya’s home internet market expanded through geography. Internet providers raced to wire apartment blocks, reach gated estates, and…
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News
Kenya’s Mobile Money Tax Plan Puts Digital Payment Growth Under Pressure
Kenya’s plan to impose new taxes on digital payment services is triggering concern across the banking and business sectors, with…
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TRENDING
Kenya Cuts Fresh Funding to the Hustler Fund After Four Years
Fresh state funding for the Hustler Fund will end in the next budget cycle after the National Treasury removed the…
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News
How 58% Free Transactions Have Propelled the Growth of M-PESA
Beyond the remarkable growth in transaction volumes and value, one of M-PESA’s most momentous milestones in the last financial year…
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News
Kenya’s Regulators Are Starting to Treat Stablecoins Like Payments Infrastructure
Kenya’s financial regulators are moving toward a function-based approach to stablecoin oversight, with officials indicating that digital asset products could…
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News
Kenya Wants a Bigger Role in Stablecoins. Regulators May Decide How Far It Goes
Kenya’s next fintech contest is no longer about mobile money adoption. It is about whether the country can build enough…
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News
Kenya’s New VAT Push Could Reshape the Cost of M-Pesa Transfers
The Treasury has proposed a new 16 percent VAT charge on companies that facilitate digital payments in Kenya, opening the…
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News
Vodacom Expands Earnings Base Through Fintech and Regional Operations
Vodacom reported stronger full-year earnings after growth from digital financial services and operations across multiple African markets lifted overall performance.…
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News
Ziidi Trader Adds Momentum to the NSE’s Retail Investor Drive
Kenya’s stock market is drawing renewed participation from small investors as Safaricom’s mobile trading platform, Ziidi Trader, pushes more retail…
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News
M-PESA GlobalPay Visa Card Crosses 316,000 Active Users in Kenya
The number of Kenyans actively using the M-PESA GlobalPay Virtual Visa Card jumped 62.1% in the year ended 31 March…
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News
Fuliza Is Becoming Embedded in Kenya’s Digital Economy
Small financial gaps increasingly get resolved through a mobile overdraft sitting inside a payments platform already woven into daily life.…
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News
Huawei Showcases Next-Generation Solutions at Connected Africa Summit
Huawei on Monday hosted Kenya’s Deputy President Kithure Kindiki at its exhibition booth during the official opening of the…
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News
Amazon Kuiper Moves Toward Kenya Licence as Starlink Sets the Pace
Amazon has applied for regulatory approval to enter Kenya’s internet market with its satellite broadband service, setting up a direct…
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News
EXCLUSIVE: Airtel Kenya Begins Fibre Rollout As Fixed Internet Competition Tightens
Airtel Kenya has introduced fibre-based internet services for homes and businesses, adding fixed broadband to its existing mobile and payments…
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News
Leaders Call for Seamless Connectivity and Policy Harmonisation Connected Africa Summit
Industry leaders, policymakers and technology stakeholders convened at the 15th annual Connected Africa Summit, held at the Edge Convention Centre,…
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News
Digital Policy Harmonisation Surfaces at Connected Africa Summit
At a moment when Africa’s digital infrastructure can already handle mass-scale transactions, attention is turning to a different constraint: policy…
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News
The Super App Bet in Africa Runs Into the Limits of User Behaviour
Orange S.A. and Safaricom PLC are building toward the same idea: one app that brings payments, telecom services, and digital…
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News
Africa’s Digital Leaders to Convene in Nairobi for Connected Africa Summit 2026
Africa’s top policymakers, technology executives, and innovators will gather in Nairobi later this month for the Connected Africa Summit 2026,…
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TRENDING
Kenya’s 5G User Base Grows Fast as Data Use Climbs
Kenya added 724,753 new 5G users over the past year, pushing adoption of high-speed mobile internet deeper into homes and…
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News
Huawei Brings High-Speed Internet to Nairobi’s Mukuru Housing Project in Digital Inclusion Push
Huawei has donated a suite of broadband and digital learning equipment to a primary school within the Mukuru Affordable Housing…
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News
Vodacom Tanzania Reworks the M-Pesa Core to Handle Growth and Uptime
Vodacom Tanzania has completed a US$28 million upgrade of its M-Pesa system, moving the service onto a new platform built…
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News
Ziidi Reports Sh784 Million in MMF Profit, With Daily Accruals Drawing In Retail Investors
Safaricom-owned money market fund Ziidi reported a Ziidi MMF profit of Sh784.28 million in its first 14 months of operation…
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TRENDING
Kenya’s Digital Ambition Takes Centre Stage as Decode 4.0 Summit Kicks Off in Nairobi
Kenya’s push to cement its position as a regional technology powerhouse gathered momentum today with the opening of the three-day…
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News
At Decode 4.0, the Work of Building Kenya’s AI Backbone Comes Into View
The next leap for Kenya’s economy will not be defined by physical infrastructure alone, but by a sophisticated layer of…
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News
NCBA Expands Through Fuliza and Digital Loans as Usage Intensifies
NCBA Group recorded a 20.2 percent digital loans profit growth to reach Sh8.9 billion in the year ending December 2025.…
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News
As Transactions Climb, Africa’s Mobile Money Market Reaches $1.4 Trillion
The African mobile money market reached a valuation of $1.4 trillion in 2025, according to a new report from the…
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Startups
Moniepoint Acquires a Controlling Stake in Kenya’s Sumac Microfinance Bank
Nigeria’s fintech Moniepoint has completed its acquisition of a 78% stake in Sumac Microfinance Bank, establishing a regulated entry into…
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News
How Telecoms and Fintechs are Redrawing Africa’s Financial Map
In Africa, banks have long controlled the financial system, dictating how money is stored, moved, and accessed. Today, that power…
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News
Retail Investor Access Is Rising at NSE but Kenya’s Market Feels Distant to Many
There is a number that refuses to move in Kenya’s capital markets. About 3,000,000 accounts sit on the books of…
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News
Banks, Telcos and the Real Work of Financial Inclusion
In Kenya, the interface tends to get the attention. A payment goes through in seconds. A loan arrives before the…
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News
M-Pesa Captures 60% of Trades as Retail Participation Jumps
At some point, a payments tool stops being just a payments tool. It becomes the place where money sits, moves,…
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TRENDING
Pochi la Biashara and P2P Point to Different Timelines in M-PESA’s Privacy Rollout
Starting today, Safaricom switched on data minimization for M-PESA peer-to-peer transfers. The change is visible immediately: masked phone numbers, shortened…
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News
As M-PESA Masks Numbers, Transaction Codes Take Over Payment Proof
On most days, the message that settles a payment is no longer a voice call, a handshake, or even a…
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BUSINESS
Equity Named Africa’s Strongest Banking Brand and Kenya’s Most Valuable Brand
Equity has extended its lead in the brand stakes, emerging as Africa’s strongest banking brand and Kenya’s most valuable brand…
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News
Nairobi’s Long Bet on Becoming a Financial Hub Begins to Attract Actual Capital
For most of its short life, the Nairobi International Financial Centre existed more on paper than in practice. The project…
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BUSINESS
A Few Thousand Shillings at a Time, Kenyans Are Walking Into the Stock Market Through M-Pesa
The Nairobi Securities Exchange has spent years searching for retail investors. It found them in a place few people in…
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News
WhatsApp Banking Begins Taking Shape Across Southern Africa
For many people across Southern Africa, financial life already runs through a phone screen. Messages arrive. Payments get discussed. Remittances…
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News
African Digital Commerce Is Taking Shape Inside Message Threads Rather Than the Online Stores People Expected
WhatsApp is becoming Africa’s commerce infrastructure. Across cities and smaller towns from Lagos to Nairobi, thousands of merchants run daily…
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News
Kenya’s Communications Authority Takes a Closer Look at the Airtel–Starlink Direct-to-Cell Plan
The Airtel–Starlink direct-to-cell partnership is under review by the Communications Authority of Kenya as regulators assess whether satellite signals could…
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BUSINESS
M-Pesa at 19: How Kenya’s Mobile Money Pioneer Reshaped Payments and Everyday Finance
M-Pesa at 19 years after its launch shows how a simple mobile money transfer tool evolved into the core infrastructure…
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News
Mobile Forex Trading is Set to Dominate Africa in 2026
Across Africa’s major economic hubs, the traditional multi-monitor trading desk has been quietly replaced by a six-inch screen. As the…
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TRENDING
How M-PESA Optimization is Localizing Liquidity for Kenyan Traders
For years, participating in the global forex market meant playing by the rules of the US dollar and the SWIFT…
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News
Amazon’s Kuiper Eyes Kenya as Satellite Internet Race Widens
Kenya’s internet infrastructure has long been described through cables and towers. Fibre routes snake out of coastal landing stations. Mobile…
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TRENDING
Kenya Approves M-Pesa Plan to Hide Customer Phone Numbers
The mobile phone number has long served as the public face of Kenya’s mobile money economy. It appears on receipts.…
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