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
Browsing: Safaricom
Friday’s speculation reported by Bloomberg that NTT Group was looking to offload African operations it acquired when it bought Dimension Data in 2010 left me a little uneasy. It isn’t clear if the assets in question are all the group’s
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
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
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