Browsing: M-Pesa

News
Safaricom slides on weaker earnings outlook

Safaricom shares fell the most in four months after East Africa’s biggest company by market value said profit growth will slow even as the wireless carrier expands its popular mobile banking service.

News
Vodacom to extend mobile money to new markets

Vodacom Group sees the expansion of mobile banking services into new markets in sub-Saharan Africa as a top priority following a shareholder vote to rubber stamp its purchase of a 35% stake in Safaricom, Kenya’s biggest company

World
Safaricom eyes new markets for M-Pesa

Safaricom may expand its popular mobile banking service M-Pesa into countries such as Nigeria and Angola, as East Africa’s biggest company grapples with regulatory scrutiny in its home market of Kenya. The sale of a 35% stake

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