All Kenya articles – Page 5
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Public AffairsSafaricom stands alone against tariff changes
Kenyan communications authority set to cut mobile termination rates by 88%, with Safaricom seen as biggest loser. Rate cuts said to level playing field, and enable greater competition and lower barriers for new market entrants.
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Products & ServicesClaws out for M-PESA from Central Bank, Treasury
Bank Governor Njoroge tells Senate ICT Committee that a standalone m-money business will improve regulation and customer protection in Kenya. Treasury Cabinet Secretary Yatani adds that M-PESA transaction charges are too high. Njoroge and Yatani’s submissions are part of probe into alleged monopolistic practices by Safaricom. Central Bank opens ...
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Products & ServicesM-PESA not threatened by talk of central Kenyan e-money
A central digital currency would not step on M-PESA toes, says MD Sitoyo Lopokoiyit, but cooperation key to finding efficiencies in a market dominated by Safaricom’s e-money offering. M-PESA at 15: 51 million users in seven markets; Kenyan strength; Super App prospects on the horizon, as is competition.
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PremiumElsewhere in Vodafone Africa: Little Cab launches in Addis Ababa
Safaricom out to block CA mobile tariff slash; Little Cab arrives in Ethiopia.
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OperationsLittle Cab arrives in Ethiopia
Safaricom-backed ride-hailing app attempting to rival Uber in Ethiopian capital. Expansion into the country has been delayed by COVID-19.
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Public AffairsSafaricom staff caught in police “trap” after data fraud
Court hearing details how two Safaricom employees were caught attempting to sell subscriber data. Operator commits to fraud reduction initiatives.
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Suppliers & SCMSafaricom lauds TIBCO for service and network advances
Kipkirui says microservices and cloud-native APIs from longstanding partner is key in helping OpCo to become an “insights-led, tech-driven company”. Adds that Safaricom has been able to maintain “maximum value” from capex invested in TIBCO. OpCo aims to migrate entire TIBCO BPM stack from on-prem to public cloud by ...
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PremiumElsewhere in Vodafone Africa: Safaricom expands Lipa Mdogo Mdogo
Safaricom brings China’s Transsion into device financing fold; SODAQ teams with IoT.nxt; new Vodacom buddy Dark Fibre Africa goes on cost-cutting drive.
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PremiumSafaricom pushes back against monopoly complaints
CEO Peter Ndegwa tells rivals to focus on investments, not accusations. Hearing shows government support for Safaricom, which sees market dominance but not a monopoly.
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PremiumElsewhere in Vodafone Africa: Vodacom SA switches on 5G
Vodacom South Africa continues 5G rollout; Telekom Kenya leads case against Safaricom to cut fees for cross-platforms transactions on M-PESA; Mondia Group providing technology VodaPay Super App.
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Suppliers & SCMSafaricom in talks with Kenya Power to install smart grid
Build, operate, and transfer deal reportedly under discussion.
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PremiumSafaricom to debut 5G in 2022
Kenyan operator extending 5G trials to “additional towns”; commercial launch slated for 2022. Operator looking to further boost mobile data revenue. Rival Airtel on 5G scene too.
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B2BSafaricom upping B2B ante with new marketplace
Kenyan operator looking to connect better with small business requirements. Move furthers Safaricom’s “fintech-anchored” digital growth strategy.
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Venturing & InvestmentsAfrican energy startup borrows $100m for scale-out plan
Safaricom partner Circle Gas secures nine-figure loan to drive expansion in African (and potentially Asian) markets. Targets include Nigeria and neighbouring markets of Kenya and Tanzania, where startup is already present. Capital needed for investment-heavy distribution platform.
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Public AffairsSafaricom split proposal all but quashed
Overwhelming majority of MPs choose not to engage in debate over Kenyan operator’s future structure. Controversial proposal does little to revive ghosts of the past.
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Strategy & ChangeElsewhere in Vodafone Africa: Safaricom’s tax hike response
Safaricom responds to excise tax hike; M-PESA management rejig reaches Lesotho; change at top of Xlink.
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PeoplewatchVodafone’s Ethiopian OpCo gets a leader
Anwar Soussa takes job as first MD of as-yet-unnamed OpCo. Industry veteran brings M-PESA experience. EOC plans and ownership remain vague.
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Products & ServicesSafaricom, Vodacom launch m-money Super Apps
Safaricom’s m-payment and remittance service leaps into the digital services realm with an experience-focused facelift. “Super App”- tag attached to revamped M-PESA, with new functionality showing resemblances with Vodacom–Alipay’s ‘app-within-an-app’ concept. Vodacom’s Super App now onboarding partners.
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Strategy & ChangeElsewhere in Vodafone Africa: Vodacom debuts new products
Safaricom rival Ethio making hay in m-money; Vodacom debuts new products in youth market and SMME lending; Aziz back on radar in Tanzania.
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PremiumElsewhere in Africa: Vodacom pairs with Microsoft
Vodacom pairs with Microsoft for Mozambique SMEs; Safaricom adds digital menus to M-PESA ecosystem.