Topic: Peter Ndegwa
M-Pesa clocks 34 million users in Kenya
Dec 05, 2024 at 03:44 PM
In November 2024, Safaricom’s mobile money service, M-Pesa, marked a significant milestone with 34 million subscribers....
Details of Safaricom's revamped 5G for Business in a bid to enable MSMEs scale
Dec 02, 2024 at 03:11 PM
Safaricom has revamped its 5G for Business in an effort to accord SMEs faster and more reliable internet connectivity to support their growing digital needs, including online trans...
BIMA: Safaricom secures licence from IRA to launch new insurance product
Nov 08, 2024 at 03:14 PM
Safaricom has been granted an insurance intermediary licence by the Insurance Regulatory Authority (IRA), officially paving the way for the company to introduce insurance services ...
Safaricom half year profit dips to Sh28 billion due to currency hit in Ethiopia
Nov 07, 2024 at 01:15 PM
Safaricom has reported a 17.7 per cent drop in profit to Sh28.1 billion for the half year ending September 30, 2024 due to the effects of Ethiopia’s Birr currency depreciation....
Safaricom conference pushes for more investment to tame cybersecurity threats
Oct 31, 2024 at 07:15 AM
Amid a backdrop of rising cyber attacks in Africa, Safaricom gathered nearly 500 leaders and professionals for a two-day Cybersecurity Summit in Nairobi, urging organisations, gove...
Safaricom’s Sh983 billion boost powers jobs, innovation, sustainability in Kenya
Oct 24, 2024 at 08:20 PM
Safaricom has reaffirmed its dominant role in Kenya’s socio-economic landscape, injecting Sh983 billion into the economy while supporting over 1.28 million jobs in the last finan...
Safaricom marks 24 years of impactful transformation, service and innovation
Oct 23, 2024 at 04:21 PM
Today, Safaricom stands tall as a beacon of connectivity and innovation, celebrating 24 remarkable years since its inception in the year 2000....
Here is all you need to know about Safaricom's new M-Pesa Ratiba feature
Oct 01, 2024 at 03:35 PM
Safaricom has unveiled M-PESA Ratiba, a pioneering feature in mobile money that promises to revolutionise recurring payments....
Safaricom secures Sh30 billion loan to strengthen its sustainability agenda
Sep 24, 2024 at 12:19 PM
In a bold move to cement its leadership in sustainability, Safaricom has secured a second Sh15 billion Sustainability Linked Loan, doubling its total to an impressive Sh30 billion....
Safaricom boosts internet speeds, unveils new package amid onslaught by Starlink
Sep 23, 2024 at 06:22 PM
Safaricom has significantly upgraded its internet speed offerings for both home and business customers as the entry into Kenya by US billionaire Elon Musk's Starlink threatens its ...
Safaricom consortium pumps Sh105 billion into Kenya's digital health systems
Sep 21, 2024 at 03:13 PM
Safaricom, Kenya's leading telecommunications company, has announced a significant investment of Sh104.8 billion in a consortium aimed at revolutionizing the country's healthcare s...
Safaricom's marks milestone 5G network expansion with 1,114 sites countrywide
Aug 13, 2024 at 10:21 AM
Safaricom has achieved a significant milestone in its 5G network expansion, reaching 1,114 sites across Kenya....
Safaricom shatters records with Sh26.04 billion dividend payout
Jul 26, 2024 at 01:35 PM
Telecommunications giant Safaricom PLC has announced a final dividend of Sh0.65 per share, amounting to Sh26.04 billion for the financial year ended 31 March 2024....
Safaricom CEO Peter Ndegwa’s earnings dip despite stellar company performance
Jul 12, 2024 at 03:39 PM
Safaricom CEO Peter Ndegwa's total compensation for the 2023 financial year witnessed a decline, marking the first time his annual earnings have fallen since joining the company....
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...
Safaricom restores its network to full capacity after undersea cable disruption
May 16, 2024 at 12:53 PM
Kenyan telecommunications giant Safaricom has announced the complete restoration of its network capacity and stability following disruptions caused by undersea cable cuts last Sund...
Safaricom operating profits surpass USD1 billion as its dividend per share stagnates
May 09, 2024 at 01:22 PM
Safaricom’s operating profits surpassed Sh139.9 billion in the financial results announced by the telecommunications service provider for the year ended March 31, 2024....
Safaricom injects Sh20 million to power up the Connected Africa Summit 2024
Apr 18, 2024 at 11:34 AM
Telecommunications giant Safaricom has pledged its significant support to the upcoming Connected Africa Summit 2024, taking place at Uhuru Gardens Nairobi, from Monday to Thursday ...
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...
Why American investment company has decided to divest from Safaricom
Mar 04, 2024 at 08:12 PM
An American multinational investment management firm, FMR LLC, has initiated a significant divestment from Safaricom, Kenya's leading telecommunications company....