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M-PESA recently marked 18 years since its launch, a milestone that reflects its transformation from a simple mobile money transfer service into a financial platform that touches nearly every aspect of daily life in Kenya and beyond. When it was introduced in 2007, many of its users were interacting with
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More than 300 students at Kianyingi Primary School are set to benefit from improved learning facilities made possible through support from the M-PESA Foundation. The initiative includes the construction of 12 classrooms from the ECDE unit to Grade 9, easing congestion and accommodating more students. New washrooms for boys, girls,
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Kenya has joined the global community in marking Safer Internet Day 2025, with a strong focus on child protection and cybersecurity. The Communications Authority of Kenya (CAK), in collaboration with leading technology firms such as Meta, Google, and Safaricom, convened a high-profile event in Nairobi to address emerging digital threats.
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Financial analysts remain optimistic about Safaricom’s stock performance, pointing to the telco’s strong earnings, diversification into financial services, and potential growth in Ethiopia. A report from Standard Investment Bank (SIB) suggests that the company’s fundamentals remain solid, even as challenges emerge in the Kenyan and Ethiopian markets.
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Safaricom, in partnership with Opportunity International, has introduced FarmerAI, an artificial intelligence chatbot designed to help smallholder potato farmers. This tool delivers real-time agricultural guidance through Safaricom's DigiFarm platform via SMS and WhatsApp. The chatbot provides instant insights on fertilizer use, pest control, weather updates, and market trends.
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Kenya’s digital payments industry could see a major shift if a proposal by Safaricom and the Kenya Bankers Association (KBA) is adopted. The two entities suggest making Pesalink the country's primary fast payment system (FPS) to streamline digital transactions across banks, mobile money platforms, and fintech operators.
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Safaricom, in collaboration with Standard Investment Bank and ALA Capital Limited, has launched Ziidi MMF, a money market fund integrating M-PESA for simplified investment access. Ziidi MMF functions as a unit trust, allowing users to earn interest by transferring funds from their M-PESA wallets into Ziidi accounts. Returns accumulate daily,
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Yesterday, Centum Real Estate clients were prioritized after Safaricom announced the availability of 5G Wi-Fi in its latest move to onboard more customers. Centum customer will enjoy this development which empowers customers in 5G-ready areas like the Two Rivers Mall to enjoy fast and reliable internet connectivity for their homes
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Kenya’s telco giant Safaricom has tapped Citi Bank’s managing director Mr Michael Mutiga to heads its strategy and acquisitions, in its bid to have a larger share of the financial services market. Mutiga who is also the head of Citi Bank’s corporate finance for sub-Saharan Africa will
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Ethiopia has began making changes to its national payment laws to pave way for Safaricom to introduce its popular M-Pesa services in the market that boasts of over 100 million people. The country’s central bank has drafted a Bill that will allow foreign investors to offer mobile money transfer
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Centum Investment Company PLC has announce the appointment of Ms. Risper Alaro as the Group Finance Director effective 15th March 2022. Risper rejoins Centum after being away on sabbatical leave. Until mid-2018, she served Centum in various leadership capacities for a period of 18 years. Risper established Centum Business Solutions
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We can generally tell which phone number is Safaricom or which is Airtel and so on just by looking at their prefixes. Early May 2019, the Communications Authority (CA) announced that they have introduced new mobile prefixes for the Kenyan market. The 01xx prefixes were done due to the 07xx