FeaturedTelecomSafaricom, Vodacom complete M-Pesa acquisitionInternational Finance Business DeskApril 7, 2020 by International Finance Business DeskApril 7, 2020 The telcos completed the acquisition of the M-PESA brand, along with its product development and support services from Vodafone Group... Read more
FeaturedTelecomFirst ever Kenyan CEO takes charge of SafaricomInternational Finance Business DeskApril 2, 2020April 2, 2020 by International Finance Business DeskApril 2, 2020April 2, 2020 Peter Ndwega replaces Bob Collymore, who passed away in 2019... Read more
FeaturedFintechAfrica uses mobile money to curb the spread of the coronavirusInternational Finance Business DeskMarch 26, 2020 by International Finance Business DeskMarch 26, 2020 Safaricom removed all fees from its mobile-money platform, M-Pesa... Read more
FeaturedTelecomSafaricom introduces zero transaction fees on M-PesaInternational Finance Business DeskMarch 17, 2020 by International Finance Business DeskMarch 17, 2020 Kenya's banks and mobile money providers are pushing cashless payments to curb Covid-19... Read more
EnergyFeaturedSafaricom to diversify into energy, to supply power to the national gridPritam BordoloiMarch 9, 2020 by Pritam BordoloiMarch 9, 2020 The telco could supply power to the national grid from solar and wind power plants at its base stations... Read more
FeaturedTelecomSafaricom might award contract to Huawei for its 5G rollout this yearInternational FinanceFebruary 21, 2020March 18, 2020 by International FinanceFebruary 21, 2020March 18, 2020 Safaricom involving Huawei in its 5G network could hinder talks on a free trade agreement between the US and Kenya... Read more
TelecomVodafone to turn M-Pesa into a bank to target Africa’s unbankedPritam BordoloiDecember 18, 2019 by Pritam BordoloiDecember 18, 2019 Currently, M-Pesa accounts for 3.5% of Vodacom’s revenue... Read more
TelecomSafaricom’s Mali to take on banks through mobile saving servicePritam BordoloiDecember 6, 2019 by Pritam BordoloiDecember 6, 2019 The new investment tool, powered by M-Pesa, will offer an interest rate of 10% per year... Read more
TelecomKenya’s EACC is yet to clear Telkom-Airtel mergerPritam BordoloiNovember 12, 2019 by Pritam BordoloiNovember 12, 2019 The commission is probing irregularities with regard to Telkom’s share sale... Read more
FintechKenya passes data protection law to ensure digital securityInternational Finance DeskOctober 15, 2019January 15, 2020 by International Finance DeskOctober 15, 2019January 15, 2020 The new law complies with EU standards and will define guidelines on the citizens’ data should be handled... Read more