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Corporate Finance
M-Pesa revenue to surpass a record Ksh.100 billion as subscribers hit 32 million
November 1, 2022
Lawrence Baraza
0

M-Pesa revenue to surpass a record Ksh.107 billion as subscribers hit 32 million

Safaricom made public the total number of its mobile money network users, M-Pesa, days after it switched on its network in Ethiopia. According to the report, the users surged by two million in six months to October 2022 to 32 million. This is a 6.6 percentage point

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POST TAGS:
M-PesaPeter NdegwaSafaricom
Markets
CBK to go after M-Pesa App over its hefty daily transaction
June 9, 2022
Lawrence Baraza
18

CBK goes after M-Pesa App over its hefty transactions

The Central Bank of Kenya (CBK) now seeks powers to regulate the fastest-growing Super Applications, better known as Super Apps due to hefty transactions they are handling on daily basis. In Kenya, Safaricom launched its M-Pesa Super App in June 2021. Other popular Super Apps recognised globally

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POST TAGS:
CBKM-PesaM-Pesa Super App
Corporate Markets
Over 200 countries to recognize M-Pesa services with its new visa card
June 7, 2022
Lawrence Baraza
1

Over 200 countries recognize M-Pesa services with its new visa card

M-Pesa services will now be available across the world, proving the platform’s formidable stand as one of Africa’s largest mobile money networks. This is after it entered into a partnership with Visa for M-Pesa Visa Virtual Card to offer seamless transactions globally. The service will be

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POST TAGS:
M-PesaM-Pesa GlobalPay Visa VirtualVisa
Corporate Markets
Safaricom to launch virtual Visa card for all-round global transaction
June 3, 2022
Collins Ogutu
0

Safaricom, Visa launch “M-Pesa GlobalPay Visa Virtual” card

Safaricom and Visa, the global leader in digital payments, Thursday introduced the first M-PESA GlobalPay Visa Virtual card to open global shopping for Kenyan consumers. The launch of the new M-PESA Visa virtual card will allow secure cashless payments at merchant locations in over 200 countries

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POST TAGS:
M-PesaM-Pesa GlobalPay Visa Virtual
Economy Sport
Kenyans spent Ksh.169.1 billion on betting via M-Pesa in 2021
May 13, 2022
Lawrence Baraza
0

Kenyans spent Ksh.169.1 billion on betting via M-Pesa in 2021

Kenyans spent Ksh.169.1 billion on betting via M-Pesa in 2021, a 23.8 percent jump from Ksh.136 billion that was spent in the year 2020. This is according to Safaricom’s financial report released May 12 when it recorded a 1.7 percent drop in its net profit to

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POST TAGS:
Betting In KenyaM-PesaSafaricom
Corporate Economy
Safaricom awards businesses hourly as M-Pesa marks 15 yrs since launch
March 22, 2022
Marion Wavinya
2

Govt to slash M-Pesa transaction rates

Safaricom’s gigantic revenue record is likely to be tampered with, considering the government’s proposal to slash M-Pesa transaction rates. National Cabinet Treasury Ukur Yatani is keen on making mobile money transactions affordable for Kenyans, who have been reeling from harsh economic times exacerbated by the coronavirus

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POST TAGS:
M-PesaSafaricomUkur Yatani
Corporate
Kenyans using Safaricom hit 30 million mark
March 10, 2022
Lawrence Baraza
0

Kenyans using M-Pesa hit 30 million mark

Safaricom’s M-Pesa has crossed 30 million customers using the service every month in Kenya. The milestone comes a few days after M-Pesa marked its 15th year since its launch in March 2007. Kenya remains M-Pesa’s most active market accounting for more than 30 million of the service’s

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POST TAGS:
M-PesaSafaricom
Corporate
Safaricom awards businesses hourly as M-Pesa marks 15 yrs since launch
March 7, 2022
Lawrence Baraza
0

Safaricom awards businesses hourly as M-Pesa marks 15 yrs since launch

M-PESA has marked 15 years since Safaricom and Vodafone launched the service in March 2007. From its beginning in Kenya, M-PESA has grown to more than 51 million customers, 465,000 businesses, 600,000 agents and 42,000 developers across Kenya, Tanzania, Mozambique, the Democratic Republic of Congo, Lesotho,

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POST TAGS:
M-PesaSafaricom
Corporate Markets
Safaricom at centre of Atwoli’s threat to reveal phone records of “Luhya traitors”
February 16, 2022
Marion Wavinya
1

Safaricom’s Q3 results up 16% on increased M-Pesa transactions

M-Pesa transactions increased by 16.1 percent for the third quarter ended December 2021, strengthening Safaricom’s revenue portfolio.  “Our M-Pesa platform, including Safaricom, continues to scale at an impressive rate with transaction values up to 16.1 percent to exceed Ksh.3.2 trillion per month,“ said Vodacom in its

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POST TAGS:
M-PesaSafaricom
Corporate Economy
NSSF buys extra 11 million shares from KCB Bank worth Ksh.40.5 million
January 31, 2022
mtvadmin
1

Safaricom partners with NSSF for pension services via M-Pesa

Safaricom has partnered with NSSF to enable customers to conveniently access services through the NSSF Mini App on the M-PESA Super App. Customers can register for NSSF membership, keep track of their contributions, top-up and manage their NSSF account, and make Tenant Purchase Scheme (TPS) payments all within

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POST TAGS:
M-PesaNSSFSafaricom

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