Safaricom Plc has launched M-PESA Global, a first-of-its-kind service that allows all M-PESA customers to send money to virtually anyone worldwide. This can be done through various channels, including direct transfers into bank accounts and pick-ups at over 500,000 Western Union agent locations. M-PESA Global enables customers to make and receive payments from over 200 million PayPal customers across 200 global markets. According to Safaricom’s Chief Financial Services Officer, Sitoyo Lopokoiyit, M-PESA Global aims to connect Kenyans to global opportunities by facilitating seamless transactions between Kenyans and the rest of the world. Sylvia Mulinge stated during the launch that M-PESA…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Kenyan business people and students traveling to South Africa has been made easy with the removal of short-term Visa requirements. Kenyans will now be issued with multiple entry visas valid for up to 10 years. Frequent travelers will be eligible for 3-year multiple entry visas starting December 1, 2018. Government officials traveling on official business to South Africa will be granted three months free visa with immediate effect. The country agreed to ease visa application rules and entry conditions for the above categories following deliberations between Interior Cabinet Secretary Fred Matiang’i and South Africa Home Affairs Minister Malusi Gigaba in…
Safaricom PLC has appointed Ms. Sylvia Mulinge as its Chief Customer Officer (CCO), charged with bringing together key customer-facing functions. “Sylvia will be responsible for leading Safaricom’s customer obsession and will be in charge of consumer business, sales operations, customer care service, brand marketing & experience, digital and market development,” said Mr Bob Collymore, Safaricom chief executive. Until then, Mulinge was serving as the telco’s director in charge of special projects at Safaricom. Other changes effected by the Safaricom boss include the confirmation of Mr. Charles Wanjohi as the direct consumer business unit. Chief Special projects officer, Joseph Ogutu, will…
Fuliza will be accessible through *234#.
We like being ahead of GDP growth, it’s the first time we’re not in double-digit growth, but at the bottom line, on EBITDA its good. We only guide on EBIT and CAPEX,” Bob Collymore, Safaricom CEO. Safaricom Plc (NSE: SCOM) has recorded a 20.2 percent growth in net profit to Ksh 31.5 billion for the six months ended September 30 (2018/2019) on the back of a strong performance in mobile money M-Pesa and data. “I’m pleased with the progress we made on a number of fronts in the first half of the year. We achieved solid results driven by strong…
Safaricom’s contribution to the Kenyan economy in the year ended March 2018 grew by KSh57 billion to KSh543 billion equivalent to 6.5 percent of GDP. “The following “True Earnings” bridge shows that the total value we created for Kenyan society in FY18 was KES 543 billion, 12 percent greater than in FY17 and around 9.8 times greater than the financial profit the company made in the same year,” according to the telco’s 7th Sustainable Business Report themed “Creating Shared Value”. “When monetised, the net value of the most material social, environmental and economic impacts of the company, both positive and…