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Kenyan telecoms company Safaricom has launched its 5G home broadband service on a commercial basis, having piloted the fixed wireless access (FWA) network since March 2021. Three home 5G tariffs are advertised, offering speeds of 10Mbps and a monthly data allowance of 300GB for KES3,499 (USD28.7) per month, 40Mbps and 500GB of data for KES5,999...

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Kenya’s leading telco Safaricom, NCBA and KCB Bank Kenya have announced a restructuring of the popular Fuliza overdraft facility. Fuliza was launched back in January 2019 and the service allows M-Pesa customers to send money or pay for goods and services even when they have insufficient funds in their accounts. The new restructuring will now see customers transacting...

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With the accelerating digital transformation, the needs of businesses and individuals are multiplying around the world. Telecommunications operators are exploring different formulas to meet this demand.  Finnish technology company Nokia announced on Monday, August 22, the successful testing of its fixed wireless access (FWA) network segmentation solution on Kenyan telecommunications company Safaricom’s commercial network. This solution allows...

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Safaricom customers will be able to transact with merchants using a Pay Bill solution and also via the Airtel Kenya and Telkom Kenya networks. This opens up opportunities for merchants because customers will not be limited by their networks and thereby boost the adoption and convenience of making cashless payments, Safaricom stated. Boniface Mungania, Tribe...

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Safaricom, a Kenyan telecommunications service provider, has hired the managing director of Citibank to be in charge of strategy and acquisitions. The telco is currently seeking regulatory approvals to launch insurance, unit trust, and savings products in an endeavour to compete with larger financial services and expand its mobile money platform M-Pesa. Michael Mutiga, MD...