All Safaricom articles – Page 11
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Premium
Vodafone people moves: IoT.nxt strengthens US outpost
Vodacom’s IoT specialist IoT.nxt built up its USA play with Trevor DeLew named SVP, Sales. Vodacom Mozambique names a new CEO. Vodafone Spain shuffles strategy and sales directorships. Floundering Vi makes yet more changes to its enterprise unit as Arvind Nevatia forms his team.
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Operations
Safaricom Ethiopia splashes out $100m on first data centre
Located in capital city Addis Ababa, the installation accounts for one third of a total $300m investment pegged for first year of operations. Data centre, which will house “core network infrastructure”, was built in China and transported to Ethiopia. Rabacal indicates the same business model will be used for ...
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Suppliers & SCM
Safaricom 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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Premium
Elsewhere 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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Public Affairs
Ethiopia presses pause on third licence contest
Regulator initiates another stoppage after interested parties request delay over RFP “concerns”. Move adds to sense of turbulence around Safaricom’s planned entrance into the country during 2022.
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Products & Services
Safaricom to seed DigiFarm agri services in Ethiopia
Kenyan operator gives a hint of digital services that will form part of its line-up when it debuts in Ethiopia next year.
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Premium
Safaricom 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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Premium
Elsewhere in Vodafone Africa: VodaPay reaches million milestone
Vodacom flags one million downloads of VodaPay SuperApp since launch; Safaricom expands Baze VoD platform to include music streaming.
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Premium
Safaricom outlines plans to tackle staff fraud
Telco forms fraud management squads to identify internal fraud. 28 employees fired in FY20–21 for fraud-related offences.
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Premium
Elsewhere 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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Network & Infrastructure
Regulator: 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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Premium
Vodafone people moves: enterprise executives reshuffled
Several senior swaps at Vodafone Business, including a new Chief Marketing Officer and a handful of leadership changes at key verticals. TPG Telecom announces next CFO to fill vacant seat, and new CISO added. Vodafone Spain rejigs senior executives, splits Technology function.
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M&A
Vodacom expands into Egypt with Vodafone stake switch
Vodafone to increase its stake in Vodacom to more than 65% following the transaction. Internal deal follows STC’s failed mission to buy Vodafone Egypt during 2020.
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Financial & Performance
Safaricom 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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Suppliers & SCM
Safaricom in talks with Kenya Power to install smart grid
Build, operate, and transfer deal reportedly under discussion.
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Premium
Safaricom 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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Public Affairs
UK government defends Ethiopian mobile investment
Vodafone and CDC investment in Ethiopian mobile operator crops up in parliamentary debate on Tigray humanitarian crisis. Investment deemed to be “right” and long term. CDC emphasises role as impact investor with a lot of patience. Vodacom agrees to fund Safaricom Telecommunications Ethiopia.
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Partnerships & Alliances
Vodafone sees sales dip from international tie-ups
Revenue from Group’s Partner Markets federation falls back amid pandemic and footprint reduction. Vodafone’s flow of cash from Africa takes a drop following rework of M-PESA business.
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Partnerships & Alliances
Vodacom’s Super App cushioned if “politics” plays up
Vodacom CEO Shameel Joosub says operator’s VodaPay Super App smarts are protected if political changes affect Alipay. Alipay technology underpins Vodacom’s financial services growth plans. Super App set for commercial launch in South Africa this month.
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M&A
Vodacom aims for 100m fintech users on road to sale
CEO Shameel Joosub sets sights on nine-figure base to win better bargaining position with potential buyers and partners. Vodacom taking control of fintech offerings in Ghana and Egypt, to fuel expansion.