Vodacom buys $2.1bn stake in Safaricom, gains majority control
The shares, purchased from the Kenyan government and Vodacom’s parent company Vodafone, give it a 55% stake in the business
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Tag: Safaricom
Safaricom rebuffs govt calls to spin off mobile money platform M-Pesa
“We do not want to list the financial services companies separately because we believe they are closely related to the value proposition we offer to our clients”
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Safaricom: Kenya’s new smartphone plant could reduce prices by 30%
A new smartphone manufacturing facility in Kenya is already making waves, with Safaricom’s CEO Peter Ndegwa suggesting locally built 4G smartphones could be up to 30% cheaper than their imported counterparts.
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Battle for Ethiopia’s mobile money market begins as Safaricom’s M-Pesa takes on TeleBirr
News The mobile money platform, the largest in Africa, will take on incumbent operator Ethio...
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Founding CEO Michael Joseph leaves Safaricom after 20 years
News Safaricom confirmed today that Michael Joseph, founding CEO and board director, resigned on...
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e& eyes Ethiopian expansion
News Positive discussions could see the Emirati operator become the third national telecoms...
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Ethio Telecom already coming to blows with newcomer Safaricom
News The Ethiopian incumbent operator is threatening legal action against Safaricom Ethiopia after...
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Ethiopian govt restarts telecoms liberalisation process
News According to Finance Minister Ahmed Shide, the Ethiopian government is once again opening...
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Nokia and Safaricom laud Africa’s first FWA 5G slicing
NEWS The duo say the successful pilot is the first step towards launching commercial slicing...
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