Under a proposal, the government plans to sell six million Safaricom shares to South African telecom firm Vodacom at Sh34 per ...

The market took the news with excitement, with the Safaricom share price at the Nairobi Securities Exchange gaining by 0.89 per cent to close at Sh28.30. The pilot in Dire Dawa, the statement noted, ...

Treasury Cabinet Secretary John Mbadi has defended the Government’s decision to sell a 15 per cent stake in Safaricom to ...

Safaricom's Ethiopia subsidiary is set to surpass its 20-year-old Kenyan business. [Elvis Ogina, Standard] Safaricom Ethiopia is on track to surpass its Kenyan lead office in the next few years, in ...

Investments into the company’s business in Ethiopia and a volatile market back home has slashed Safaricom’s profit for the third year in a row. Safaricom’s profit has fallen for the third year in a ...

Starlink, a satellite internet provider founded by Elon Musk, has launched services in the Kenyan market, paving the way for more intense rivalry with regional rivals such as Safaricom, Jamii ...

Mobile money platform M-PESA has become an essential part of daily life in Kenya and within East Africa, from paying bills to small business operations. Beyond the millions of users, M-PESA’s strength ...

NAIROBI, May 11 (Reuters) - Kenyan telecoms operator Safaricom's (SCOM.NR), opens new tab core earnings fell by a fifth in the year to March 31, hit by the cost of starting operations in Ethiopia, it ...