Tag: Safaricom

M-Pesa services to be unavailable for 5 hours

Safaricom has announced that M-Pesa services will be unavailable for five hours, beginning 11:59pm Thursday to 5am Friday.

M-Pesa services to be unavailable for 5 hours tomorrow

Safaricom says the interruption is occasioned by a need to “undertake maintenance of ours systems from time to time”.

Safaricom posts Sh74.7 billion net profit on mobile data, M-Pesa growth

Safaricom’s net profit for the year ended March 2020 jumped to Sh74.7 billion, an increase of 19.5 percent from last year’s earnings. The telco firm attributed the rise in profit to double-digit growth in mobile data and M-Pesa services, with total revenue hitting Sh262.56 billion. “Service Revenue in the year grew 4.8 percent to KShs […]

Safaricom’s first Kenyan CEO, Peter Ndegwa, reveals what’s next for giant telco

Peter Ndegwa, was tapped to take the reins at Safaricom, ending months of head hunting that followed the death of Bob Collymore.

Safaricom predicts Sh5.5 billion hit to its revenue

CEO Peter Ndegwa says that the M-Pesa business could benefit from increased usage as customers shun banknotes during the crisis.

Safaricom waives fees on M-Pesa transactions below Sh1,000, increases limits

Safaricom heeds President Uhuru Kenyatta’s directive to lower mobile money transaction fees in bid to encourage uptake of digital money.

Court orders Safaricom to pay former employee 60.7 million

Safaricom PLC was sued by its former Customer Care Director, Pauline Wangeci Warui, after she was wrongfully dismissed by the company on March 20, 2015.