US Dollar mobile wallets key to Ethiopia’s mobile money future

Mobile receipts of remittances are gaining traction as markets continue to be impacted digitally by COVID-19, say experts.

Safaricom readies to help push consortium agenda in Ethiopia

Company looks to help digitally transform region, confident of a return on investment.
May 13, 2021

COVID-19 puts the squeeze on Safaricom revenue

Company records flat growth despite strong activity in the mobile data segment.
Mar 26, 2021

Safaricom launches commercial 5G network in Kenya

Company said availability of 5G enabled devices will also dictate the adoption of the new network.
Mar 11, 2021

M-Pesa and Safaricom are not parting ways

Interim CEO M-Pesa Africa dismisses claims of intention to separate entities.
Jan 8, 2021

Safaricom affirms focus on 4G over commercial 5G rollout

CEO says company will still discuss 5G modality issues with government.
Nov 16, 2020

Data boom carries Vodacom in half-year results

The telco posts blowout half-year results, buoyed by double-digit data usage growth and higher customer demand for smart devices due to the lockdown.
Nov 9, 2020

M-Pesa takes a hit from zero-rated mobile money payments

Safaricom reports a 14.5% YoY decline in M-Pesa revenue for half-year 2020/21 period.
Sep 15, 2020

Safaricom eyes opportunity as more small businesses join M-Pesa

Number of businesses utilising the service has passed 200,000, according to the telecommunications services provider.
Jul 30, 2020

Michael Joseph to head up Safaricom board

Company announces latest development during virtual AGM.