Safaricom has announced that it will increase its 5G sites by 200 by the end of 2021, and launch a commercialised version of its 5G services in 2022. Kenya’s leading telco launched 5G technology for the first time in the country in March, starting with 15 sites. Now the telco says it wants to take...
Nokia has linked up with Safaricom, UNICEF and the Kenyan Ministries of Education and ICT, to connect close to 90 schools to the internet in the East African country. The initiative aims to ‘connect the unconnected’, with the ultimate goal of supporting the Kenyan government’s plans to scale broadband connection to all schools by 2030....
Customers of Kenya’s eminent telco Safaricom can now buy shares listed on the Nairobi Securities Exchange using their Bonga Points. This marks the first investment option for redeeming the Bonga Points loyalty reward, which can be used for a multitude of other options in the past. According to Safaricom, who announced its new partnership with...
Several senior executives at Safaricom, Kenya’s preeminent telecom, were awarded 16.4 million shares with a current market value of Sh700-million ($6.4-million) for free in March as compensation for their past performance. According to Business Daily Kenya, the company’s employees cashed out 17.8-million units of stock worth Sh763-million ($7-million) the year prior. The company’s cumulative spending on...
Global Partnership for Ethiopia has incorporated and registered its local company Safaricom Telecommunications Ethiopia PLC after it was granted a telecommunications operator license. According to the Ethiopian Communications Authority, the Telco also has 45 days to incorporate a local company and execute the Provisional License Agreement executed by the parent company within three working days....
The Ethiopian Communications Authority (ECA) has confirmed it has now issued the country’s new communications licence. In a press release announcing the development, the regulator noted that, pursuant to Articles 40 and 41 of the Tender Regulations, the designated licensee – Global Partnership for Ethiopia – had been required to incorporate a local company within...
Safaricom customers will now pay Sh4.87 per minute for calls made between 8am and 10pm after the telco announced a review of its prices to reflect the increase in excise duty on airtime and telephone services from 15 percent to 20 per cent. Callers will also pay Sh2.50 for calls made between 10pm and 8am...
Kenya’s Safaricom has launched a new version of its M-Pesa app with features that will enable seamless mobile money payments for customers and businesses alike. Speaking at the launch of the Super App, Safaricom’s CEO Peter Ndegwa said that the focus for the telco is to develop digital-first experiences on the growing smartphone penetration in...
The much-rumoured eSIMs developed by Safaricom have officially been released in Kenya. What is an eSIM? eSIM or embedded SIM is built into your phone. It is a tiny device, much smaller than even the smallest available micro SIMs. The smallest “nano” SIM is 8.8 mm by 12.3 mm, whereas an eSIM is 2.5 mm...
Although the cost of dedicated devices is still quite expensive for the majority of Kenyans, Safaricom is stepping up its investment in 5G. The company wants to capitalize on the current relatively weak market to establish its presence which it can then consolidate with the fall in costs over the years. The mobile operator Safaricom plans...
