All Peter Ndegwa articles – Page 2
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Strategy & ChangeCEO: Safaricom to keep Ethiopia control as IFC lines up stake
Peter Ndegwa tells local media that Safaricom will remain a majority owner of new Ethiopian venture despite pending capital injection by International Finance Corporation.
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Innovation (R&D)Safaricom sets up unit to find ‘next big things’ in digital
New innovation team within Digital IT function tasked with driving digital services user base towards two million mark.
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PeopleSafaricom draws AT&T talent to lead B2B
CEO Peter Ndegwa’s executive overhaul continues with the appointment of Cynthia Karuri-Kropac as Chief Enterprise Business Officer.
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OperationsCircle Gas ‘healthy and growing’ despite challenges and CEO exit
Safaricom-backed scale-up flags progress in international expansion of connected, pay-as-you-go cooking fuel proposition.
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Strategy & ChangeSafaricom eyes African deals to “turbocharge” fintech play
Kenyan operator on lookout for acquisition opportunities to fuel expansion of M-PESA footprint and broaden out its digital services portfolio.
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Operations“A country with enormous potential”: Safaricom poised for Ethiopia launch
Safaricom Telecommunications Ethiopia aims to go live on 9 April 2022. Hopes to add M-PESA within the next 12 months. Over 300 staff recruited to work in the country.
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Venturing & InvestmentsSafaricom energy ally Circle Gas lands big Japanese backer
Deal with conglomerate Marubeni Corporation comes with prepaid LPG startup planning to expand beyond Safaricom-supported deployment in Kenya and into new markets in Africa and Asia.
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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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Network & InfrastructureRegulator: don’t let Ethiopia unrest slow network rollout
The Ethiopian Communications Authority has told STE to “expedite the project rollout” amid ongoing conflict in the country’s north. No wiggle-room in Q1 commercial launch deadline, despite Safaricom staff evacuation and national state of emergency.
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Financial & PerformanceSafaricom confident on Ethiopia despite ‘staff evacuation’
Staff safety and security a priority in Ethiopia, says Safaricom’s Peter Ndegwa, but progress remains on track despite distractions. Break-even forecasts braced for impact of conflict. Employees evacuated from Addis Ababa, according to reports.
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PremiumVodafone people moves: Pasquali steps into Italy’s Consumer leadership
With Duilio leaving for Sky Italia, Pasquali is lined up to become Director of Vodafone Italy’s Consumer Business Unit. In Albania’s Consumer division, Kir takes the helm. Safaricom makes two changes to its senior leadership team: Kamunyu and Senanu to lead Channels and Enterprise respectively.
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Strategy & ChangeNew Ethiopian OpCo sticks with Safaricom marque
New business formally named. ECA grants operator full operating licence, effective from 9 July. Ethiopia seen as early target for Vodafone’s satellite venture with AST.
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PeopleVodafone’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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PremiumVodafone people moves: Czechs ring the changes
Brazdilova takes Commercial top-spot at Vodafone Czech Republic, with Rutherford out and Hoerová back. Transformation Director Girault heads for the door amid broader Group Technology reshuffles. Turkey’s Aksoy names his team with Enterprise and Marketing appointments.
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People
Fresh faces bedded in at Joosub’s Vodacom ExecCo
Vodacom Executive Committee confirmed with five newcomers. Vodacom South Africa joins Safaricom with a seat at the table, while other African OpCos grouped under International Business.
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Strategy & Change
Ethiopia: Kenyan president gets behind Safaricom entry
President Kenyatta urges Ethiopia to open up m-money market. Safaricom reveals planned ownership structure of future Opco, with Vodafone set to play a very limited role.
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PremiumQ4 FY20–21: Vodacom turns to M&A to turbo-charge change
Fibre expansion back on as Vodacom steps up diversification plans. Operator negotiating potential strategic partnerships across infrastructure assets, as it develops own take on Vodafone’s leaner and lighter TechCo vision. South African group-within-a-group being offered greater freedom by Vodafone than increasingly tightly-controlled businesses in Europe. One question, as it ...
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Strategy & ChangeSafaricom: deadline for Ethiopia entry bid pushed back (again)
ECA grants Kenyan operator and other interested parties more time to consider ins and outs of Ethiopian expansion. Deadline revised for the second time in as many months. Laws blocking Safaricom from operating fintech service in country remain in place (for now).
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Network & InfrastructureSafaricom puts 5G on ice
Kenyan operator plans to focus on building its 4G business for now. Safaricom’s previous reliance on Huawei comes under spotlight amid ongoing US trade talks.
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