Safaricom, Kenya’s biggest telecommunications operator, posted a drop in its full-year core earnings as the impact of the Covid-19 pandemic cut revenue from financial services and calls, though it predicted a recovery based on second-half numbers. The firm, partly owned by South Africa’s Vodacom and Britain’s Vodafone, said on Thursday its earnings before interest and taxes...
Safaricom has introduced a new M-PESA app feature that allows users to send money to up to five people at the same time. According to Gadgets Africa, a big reason why the telco may have introduced this feature is to make it easier for companies to pay employees via the app. “Most times you’d have to...
Safaricom has introduced updates to its airtime top-up, sim swap, tariff migration and activation of new lines services. The updates are expected to increase the telco’s capacity for future innovations. In a tweet, Safaricom says that M-Pesa, calls, data and SMS will all be operational. Safaricom Forced to Split Dividend Payouts by CBK The Central Bank of...
Safaricom has made a formal bid to get a licence to operate in Ethiopia — one of the world’s last major closed telecoms markets, the company announced on Monday. In a notice to shareholders, the telco said it is submitting its proposal through a consortium it is leading with its parent firms Vodafone and Vodacom, British...
The Competition Authority of Kenya (CAK) has approached Parliament with new laws that would require the country’s telco’s – mainly Safaricom – to share their private infrastructure on a commercial basis. “The authority’s view is that ab initio infrastructure provisions in the sector should have been separated from the mobile network operators. Primarily regulations should have been...
Safaricom has begun testing Afya Moja – a mobile health records system – in partnership with Nakuru County. The initial pilot programme will see over 100,000 people be part of the integrated electronics medical records program. According to TechIsh, Afya Moja is a simple mobile-based Digital Health Passport that receives and securely stores patient information. With...
Safaricom has chosen Ericsson to supply microwave solutions based on the E-band platform to achieve multi Gbps backhaul capacity for mobile broadband nationwide coverage in Kenya. The solution – MINI-LINK 6352 – is expected to offer high capacity, efficient use of spectrum, low-energy consumption and simplified operations and maintenance. With technological advances in microwave system...
Safaricom, in collaboration with Huawei, Nokia and Samsung, has unveiled its 5G network in Kenya, joining South Africa as Sub-Saharan countries advancing the technology. According to CEO Peter Ndegwa, the new technology will allow organisations to venture into areas such as telemedicine, online gaming, virtual tourism and digital education. “Safaricom is proud to be pioneering...
Kenya’s Safaricom has waved away claims its mobile money offering M-Pesa is to break away from the company. Speaking at The Africa Financial Industry Summit 2021, interim CEO M-Pesa Africa Sitoyo Lopokoiyit dismissed speculation that the company is looking to establish M-Pesa as an autonomous, single entity. M-Pesa Africa is a new joint venture between...
Safaricom’s home fibre plans are officially subject to a Fair Usage Policy; this could see users’ internet speeds slowed down. In a statement, the telco says, “Safaricom Home Fibre plans are subject to a Fair Usage Policy with usage limits and throttle speeds as indicated in the table below. Upon reaching the Fair Usage limit...
