Topic: Safaricom Ethiopia
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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 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 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's Ethiopia venture receives boost as telecom regulator slashes rates
Apr 19, 2024 at 11:43 AM
Safaricom's ambitions in the Ethiopian telecommunications market received a significant boost following the Ethiopian Communications Authority's (ECA) decision to slash mobile term...
Dilip Pal: The launch of M-Pesa Ethiopia is slated to drive a financial revolution in one of Africa’s most populous countries
Sep 13, 2023 at 10:05 AM
A recent report by the GSMA dubbed “State of the Industry Report on Mobile Money 2023” underscores how mobile money has become a mainstream financial service....
Safaricom Ethiopia gets crucial funding for its greenfield network construction
Aug 07, 2023 at 01:14 PM
Safaricom Ethiopia is set to receive funding through the World Bank Group after the deal was closed during a funding ceremony held at the firm’s headquarters in Addis Ababa, Ethi...
Wim Vanhelleputte picked to replace Anwar Soussa as Safaricom Ethiopia CEO
Jun 27, 2023 at 09:25 PM
In a significant move that highlights Safaricom Ethiopia's commitment to its digital transformation journey, the telecom giant has officially announced the appointment of Wim Vanhe...
Safaricom Ethiopia announces exit of its first CEO Anwar Soussa after milestones
Jun 22, 2023 at 10:39 AM
Safaricom Telecommunications Ethiopia has announced its first Chief Executive Officer Anwar Soussa will be exiting the business effective July 31, 2023 when his secondment terminat...
Safaricom Ethiopia licensed to operate MPESA by National Bank of Ethiopia
May 11, 2023 at 12:29 PM
In a significant development for the Ethiopian mobile financial services market, Safaricom Ethiopia has received the Payment Instrument Issuer License from The National Bank of Eth...
Safaricom holds forum on its journey to become purpose-led tech company
Feb 16, 2023 at 09:02 PM
Safaricom held its inaugural investors' day on Wednesday at the Carnivore Grounds to update stakeholders on its journey to become a purpose-led technology company by 2025....
Safaricom gives reasons why half-year profits after tax dipped to Sh33.5 billion
Nov 11, 2022 at 08:53 AM
Safaricom has recorded a 10 per cent drop in Half Year profit after tax for the period ending in September 2022....
Uhuru gives reasons for skipping AU-led peace talks on Ethiopia in South Africa
Oct 07, 2022 at 10:06 PM
Former President Uhuru Kenyatta has communicated that he will not attend the African Union-convened peace talks scheduled for Saturday in South Africa....
Safaricom Ethiopia finally gets go-ahead to roll out M-Pesa services - PHOTOS
Oct 06, 2022 at 10:45 PM
Safaricom Ethiopia, which launched its telecommunications services in Addis Ababa on Thursday, has finally received a license to roll out M-Pesa in the populous country....
Safaricom Ethiopia officially switches on its network in Addis Ababa - PHOTOS
Oct 06, 2022 at 01:04 PM
Safaricom Ethiopia CEO Anwar Soussa revealed that the new telecommunications service provider had so far amassed a customer base of 200,000 subscribers in nine towns in its initial...
