Safaricom has posted 74.7 billion net profits for the year ending March 2020. Recording a 19.54 per cent growth on mobile data and M-Pesa. Safaricom’s M-Pesa revenues grew by 12.6 per cent, while mobile data revenues increased by 12.1 per cent. While voice service revenue declined by 1.4 per cent to 94.45 billion. Messaging revenues, … Read more
Safaricom PLC has partnered with content providers, Eneza Education, Longhorn Publishers, and Viusasa. They will work together to provide free access to educational content for primary and secondary school students through digital learning. Learning institutions have closed in 2020. The partnership will allow learners to access educational content on Shupavu Web, Viusasa E-learning and the … Read more
Safaricom, Samsung and M-Kopa have launched a new mobile solution that will allow Kenyans to purchase the Galaxy A10s and pay in instalments. The pay as you go mobile solution will enable carriers and dealers to sell Samsung’s latest smartphones to Kenyans on loan. This offers customers the opportunity to access a unique prepaid financing … Read more
Safaricom has partnered with Ria Money Transfer to enable M-PESA customers to receive money from North America and Europe. This move by Safraicon empowers more than 26 million customers to receive international money transfers conveniently. The transfers will cover over 20 countries across the world. Ria has the second-largest money transfer network in the world … Read more
Safaricom has launched an eight week Lipa Na M-PESA promotion that will reward both customers and merchants for making and receiving payments through the service. Both parties will receive 1 point for every Ksh 100 payment. Customers stand to win one of 6 houses in weekly draws. The promotion runs until March 5th 2020 and … Read more
AliExpress customers in Kenya can now pay for goods using M-Pesa following a partnership deal with Safaricom and Ant financial, the world’s largest fintech service provider. Read on to know how to shop on AliExpress using M-PESA. The partnership between the two platforms comes five months later after Safaricom announced its M-Pesa global initiative. The … Read more
Safaricom on Tuesday announced the availability of its “Reverse Call”. This feature enables its more than 31 million customers to pay for calls for loved ones. The service enables a caller to transfer the cost of a call to the receiver by adding ‘#’ before the number they are calling. Also, read about Safaricom Fibre … Read more
Equity Grup Holdings PLC and Safaricom PLC have announced plans to create a joint transformation agenda by using an innovative combination of technology and finance. The two companies hope to build more inclusive financial products, explore regional synergies, simplify cash delivery between their agents and share technical knowledge to build a common approach to risks … Read more
