Topic: Safaricom
Digital platforms now face new scrutiny as Kenya tightens competition rules
Feb 27, 2025 at 08:58 PM
The Competition Authority of Kenya (CAK) is taking aim at the growing influence of digital platforms in Kenya’s economy with a set of fresh regulations designed to curb monopolis...
NBA Africa, Safaricom unveil programme to promote youth basketball in Kenya
Feb 19, 2025 at 04:18 PM
A major boost for youth basketball in Kenya is underway as NBA Africa and Safaricom roll out the M-Pesa Jr. NBA program, a new initiative set to provide basketball training and fin...
Safaricom rolls out tree-growing initiative in Nyandarua and Laikipia schools
Feb 19, 2025 at 11:37 AM
A wave of green is sweeping across schools in Nyandarua and Laikipia counties as Safaricom rolls out its School Re-greening Programme, a campaign designed to instil environmental c...
Safaricom declares Sh0.55 per share dividend, payment set for March 2025
Feb 14, 2025 at 10:37 AM
Safaricom shareholders are set to receive an interim dividend of Sh0.55 per ordinary share for the financial year ending 31st March 2025, following a resolution by the company’s ...
Safaricom, Opportunity International unveil FarmerAI for smallholder farmers
Feb 07, 2025 at 12:41 AM
Safaricom PLC in conjunction with Opportunity International has introduced FarmerAI, a chatbot designed to equip smallholder farmers with real-time, tailored agricultural insights,...
Kenya Pipeline eyes NSE listing after record Sh3 billion dividend payout
Feb 06, 2025 at 07:06 PM
The Kenya Pipeline Company (KPC) is considering an Initial Public Offering (IPO) at the Nairobi Securities Exchange (NSE), according to National Treasury Cabinet Secretary John Mba...
Safaricom and Kenya banks criticise CBK's Sh25.9 billion fast payment plan
Jan 27, 2025 at 11:21 AM
A simmering debate has erupted between the Central Bank of Kenya (CBK) and two key players in the country’s financial ecosystem—Safaricom and the Kenya Bankers Association (KBA...
Safaricom, SIB, ALA partner to unveil Ziidi MMF to simplify investment via M-Pesa
Jan 21, 2025 at 03:08 PM
Safaricom has rolled out a new money market fund, Ziidi MMF, in collaboration with Standard Investment Bank (SIB) and ALA Capital Limited....
Safaricom appoints Edward Okaro as independent non-executive director
Jan 20, 2025 at 10:19 AM
Safaricom PLC has announced the appointment of Edward Okaro as an Independent Non-Executive Director, effective Wednesday the previous week....
Sh3.2 billion in M-Pesa accounts now in UFAA's hands as unclaimed funds mount
Dec 17, 2024 at 10:46 AM
Kenya’s growing pile of unclaimed financial assets has hit alarming heights, with Sh3.2 billion lying idle in dormant M-Pesa accounts alone....
Safaricom Foundation unveils Sh120 million Agri-Eco Hub Project in Busia
Dec 10, 2024 at 01:46 PM
The Safaricom Foundation has introduced the Wezesha Agri-Eco Hub Project in Busia County, targeting the empowerment of over 5,000 youth through training in agribusiness, enterprise...
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...
CMA approves safaricom's Ziidi Money Market Fund, expanding financial inclusion
Nov 28, 2024 at 03:57 PM
The Capital Markets Authority (CMA) has granted Safaricom PLC approval to launch the Ziidi Money Market Fund as a Collective Investment Scheme (CIS), a move that promises to reshap...
Safaricom launches tech training programme for youth with disabilities
Nov 22, 2024 at 11:48 AM
Safaricom has introduced a new tech re-skilling programme aimed at young Persons with Disabilities (PWDs)....
New bill aims to bring buy-now-pay-later companies under CBK control
Nov 19, 2024 at 10:45 AM
Kenya’s fast-growing buy-now-pay-later (BNPL) sector is about to face a potential shake-up with the introduction of a new Bill in Parliament that could place BNPL firms under the...
Safaricom launches 'wai ndai' gaming challenge with cash prizes, Suzuki Altos
Nov 18, 2024 at 05:37 PM
Safaricom has unveiled an exciting 90-day online gaming challenge, the 'Wai Ndai' Challenge, which kicked off on Saturday and will run through to February 15, 2025....
Safaricom spreads festive joy with dealer, M-Pesa agent recognition in Eldoret
Nov 15, 2024 at 05:09 PM
Safaricom brought early festive cheer to its Rift Valley dealers and M-PESA agents during a special engagement dinner in Eldoret....
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....