Topic: M-Pesa
Kenyan mobile money transactions witness decline amid economic strain
Jul 24, 2024 at 11:07 PM
Kenya’s once-booming mobile money sector is showing signs of strain as the country grapples with economic challenges....
Safaricom partners with Dahabshiil to make sending money to Ethiopia easier
Jul 01, 2024 at 02:33 PM
On Friday, Safaricom Ethiopia announced an innovative partnership with Dahabshiil, marking a significant milestone in the realm of international money transfers....
Safaricom addresses service disruptions and advises on alternative channels
Jun 25, 2024 at 08:45 PM
Safaricom PLC, Kenya's leading telecommunications provider, announced a service disruption on Monday, affecting internet connectivity and some mobile applications....
Airtel Money cash-out code removal triggers mobile money subscription surge
Jun 25, 2024 at 03:04 PM
The number of mobile money subscribers in Kenya has witnessed a significant rebound in the first quarter of 2024, reversing a year-long trend of decline....
Nairobi soars in Global Startup rankings, despite local funding challenges
Jun 07, 2024 at 11:19 AM
Nairobi, the capital of Kenya, Nairobi has cemented its position as a rising star in the African startup scene, advancing 24 positions to achieve the 113th spot globally, a notable...
9 startups set for Safaricom Spark Accelerator Program first cohort
May 29, 2024 at 01:14 PM
In a significant move to foster technological innovation and entrepreneurial growth, Safaricom, alongside M-Pesa Africa and Sumitomo Corporation, has introduced nine pioneering sta...
Why you won't be able to buy Kenya Power prepaid tokens this weekend
May 27, 2024 at 01:36 PM
Kenya Power, the main electricity distributor in Kenya, is advising its prepaid customers to stock up on electricity tokens before a planned system upgrade slated for this coming w...
Kenyans rethink mobile money as tax hike looms on the horizon
May 21, 2024 at 11:27 AM
Kenya, a nation synonymous with mobile money innovation, might be witnessing a shift in consumer habits....
Betsafe joins exodus as Kenyan betting industry feels the squeeze of high taxes
May 16, 2024 at 09:48 AM
Betting firm Betsafe has joined the exodus of companies leaving the Kenyan market, citing a heavy tax burden that has rendered the industry unsustainable....
I&M Bank facilitates SMEs growth with free M-Pesa and Airtel Money transfers
Apr 15, 2024 at 04:49 PM
In a bid to bolster the growth of small businesses and enhance financial inclusivity, I&M Bank has extended its offering of free M-Pesa and Airtel Money transfers to sole business ...
EACC arrests DCI officer in Nyandarua for alleged bribery in M-Pesa fraud case
Apr 11, 2024 at 12:30 PM
In a significant stride towards combating corruption, the Ethics and Anti-Corruption Commission (EACC) Central Regional Office in Nyeri has apprehended Luke Nyasangah, a Detective ...
M-Pesa delinkage from parent, Safaricom, stalled by Sh75 billion tax hurdle
Apr 04, 2024 at 03:56 PM
The Central Bank of Kenya's (CBK) push to separate M-Pesa, the country's dominant mobile money platform, from its operator Safaricom, has encountered a significant hurdle – a pot...
Safaricom, M-pesa, Coronation Group, Access Holdings partner to enhance African remittances
Mar 26, 2024 at 08:13 PM
A beacon of hope for financial inclusion across Africa has emerged four African financial giants – Coronation Group, Access Holdings Plc, Safaricom Plc and M-Pesa Africa – have...
M-Pesa, Onafriq partner to enhance international remittances to Ethiopia
Mar 20, 2024 at 11:13 PM
Safaricom's M-Pesa and Africa's largest digital payments network, Onafriq, have signed an International Money Transfer Agreement in a move aimed at significantly boosting Ethiopia'...
Kenyan content creators set to monetize with Facebook's Instream Ads from June
Mar 18, 2024 at 02:31 PM
In a significant development for Kenya's digital content landscape, social media giant Facebook, under its parent company Meta, has announced the imminent rollout of Instream ads, ...
Safaricom drops cheques, picks digital transactions for shareholder dividends
Mar 18, 2024 at 11:26 AM
Safaricom has announced a significant shift in its shareholder dividend disbursement process, in a strategic move towards modernization and efficiency....
Kenya witnesses 3.1 per cent dip in mobile money subscriptions, CA reports
Mar 15, 2024 at 12:00 PM
In a recent report by the Communications Authority of Kenya (CA), a notable decline of 3.1 per cent in mobile money subscriptions has been disclosed....
M-Pesa processes Sh700 million in January as Inua Jamii goes mobile
Mar 04, 2024 at 09:49 AM
In a significant shift towards financial inclusion, Kenya's government has successfully transitioned cash transfers for the Inua Jamii social safety net program to Safaricom's M-Pe...
Safaricom's Fuliza flexes market muscle, edges out rivals in micro-loan segment
Feb 27, 2024 at 08:08 PM
Kenya's digital credit market is witnessing a significant shift as Safaricom's Fuliza overdraft facility emerges as the dominant player, leaving other providers trailing behind....
Safaricom, M-Pesa messages vanishing from your Android phone? Here's the fix!
Feb 09, 2024 at 03:32 PM
Safaricom issued a customer notice today, alerting users that some Android phones equipped with alternative messaging apps have been inadvertently sending Safaricom and M-PESA mess...