Following the substantial decline in the trading price of the units at the stock exchange, Safaricom is expected to significantly reduce the amount it spends each...
The previous mode, where the service was only available for payments, users of Safaricom’s overdraft program Fuliza can now withdraw cash directly from M-Pesa agent businesses....
Safaricom projects to lose Sh2 billion in the financial year ending March 2023 after the Communications Authority of Kenya (CA) cut mobile termination rates (MTR) by...
Safaricom is concerned that if it proceeds with the internal reorganisation process to separate Mpesa from its telco business, the Kenya Revenue Authority (KRA) will use...
A war is brewing between banks and Safaricom over a share of the multi-billion shillings payment sector after the latter slashed M-Pesa commission charges. Commercial banks...
In an effort to stimulate redemption and increase the underlying revenue, which stood at Sh4.5 billion as of March this year, Safaricom has added an expiry...
A former Safaricom employee who resigned amid investigations into spying on a customer’s sim card has lost his claim for unfair dismissal against the giant telco....
At the Nairobi Securities Exchange (NSE) earlier today, President William Ruto was jokingly told by Safaricom CEO Peter Ndegwa that he could demonstrate how to use...
Safaricom has announced a reduction in charges for Paybill and business-to-customer tariffs. Safaricom Chief Executive Officer (CEO) Peter Ndegwa said the new move was arrived at...
Safaricom will have extreme cut charges on M-Pesa to bank transactions by a range of between 23 per cent and 100 per cent at the start...