Tag: Safaricom

Safaricom Posts Sh388.7 Billion Revenue, Declares Sh48 Billion in Dividends as Tech Push Pays Off

Nairobi Securities Exchange-listed telecom giant Safaricom has reported a robust 11.2% jump in total revenue, reaching Sh388.7 billion ($3...

Safaricom to build undersea cable as competition with Starlink heats up

Safaricom, Kenya’s largest telecommunications provider, is reportedly seeking authorization from the Communications Authority of Kenya (CA) to construct its...

Starlink Emerges as a Cheaper Internet Option in Africa

Starlink, the satellite internet service launched in 2019 by Elon Musk’s SpaceX, is rapidly transforming internet accessibility worldwide. Now operational...

Safaricom Launches Ziidi MMF to Revolutionize Wealth Creation in Kenya

Kenya’s leading telco, Safaricom, has officially unveiled its second money market fund, Ziidi MMF, following regulatory approval from the...

Safaricom responds to allegations of helping police use mobile phones to track Kenyans

Safaricom has responded to allegations suggesting that it aids police officers in abducting Kenyans by sharing customer location data. In...

1 million Kenyans unsubscribe from Safaricom’s Fuliza service

Safaricom's Fuliza overdraft service experienced a significant decline in customer numbers, with 1 million customers unsubscribing in 2023. This resulted...

Safaricom sets record after hitting Sh140 billion profit

Safaricom PLC reported earnings before interest and tax (EBIT) of Ksh.139.9 billion for the period ending March 31, 2024,...

Safaricom surprises customers with cash through M-Pesa

A group of Kenyans have questioned Safaricom's offer sent to their M-Pesa accounts on KoX, formerly known as Twitter. The...

Safaricom Explains Why It Stopped Surprising Kenyans With 1GB Data Birthday Gift

Safaricom, the world's largest telecommunications company, has halted the distribution of birthday bundles to its subscribers. On their birthdays, Safaricom...

Safaricom net profit drops to Sh62.3bn for the financial year ended March

For the fiscal year that ended in March 2023, Safaricom PLC reported a decrease in profit after tax of...

“Which details are u forwarding to CRB?” KOT tell Safaricom to use same details in SIM Card registration

Kenyans who do not register their SIM cards with their respective telecommunication service providers by April 15 will face...