Vodacom is buying a 34,9% indirect stake in Kenya’s largest mobile phone operator, Safaricom, from its parent company Vodafone. The South African-listed telecommunications group is buying 87,5% of
Browsing: Safaricom
Safaricom is still facing the threat of being broken up as the Kenyan regulator weighs up a report on dominance in the country’s telecommunications industry, CEO Bob Collymore said. East Africa’s biggest company by market
WorldRemit, a British money-transfer operator, sees revenue from transactions involving Africans doubling by 2020 as more people on the continent access mobile payment platforms and expatriates send cash home. The seven-year-old
Kenya’s government opposes using regulation to force East Africa’s biggest mobile operator, Safaricom, to be broken up, after a draft study found the company is dominant in the country’s telecommunications industry, ICT secretary Joseph Mucheru
A study of Kenya’s telecommunications industry proposes breaking up Safaricom, the country’s biggest company, according to brokerage AIB Capital. The report compiled by Analysys Mason
Naspers, Africa’s biggest company by market value, is seeking partnerships with mobile phone operators on the continent to boost its video-on-demand business and help compete with US giant Netflix. The owner of Africa’s biggest pay-TV provider
A recently published study on the long-run effects of mobile money on economic outcomes in Kenya provides some valuable insights that will benefit economic development and financial inclusion policies across Africa. The study found that increased
There’s been nothing but trouble for much of Africa as the price of oil plummeted 55% during the past two-and-a-half years. But there’s a brighter side to the sub-Saharan continent. Unlike Nigeria, where oil accounts for more
Naspers’s video-on-demand service, ShowMax, has gone live in Kenya, with the company introducing a new, lower-priced tier, called ShowMax Select, in the East African nation that costs US$3/month (about R45/month). ShowMax Premium, priced at
It’s been less than a decade since Apple shook the mobile telecommunications industry to its foundations with the original iPhone. The handset helped turn Apple into the world’s most valuable company (US$620bn this week) and inflicted huge