Safaricom Kenya
Safaricom Bosses Receive $6.4 Million in Free Shares
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5 Fastest Internet Providers in Kenya Ranked
Internet and connectivity speed tester Ookla has released its market analysis for Kenya, ranking the country’s fastest internet service providers (ISPs). The analysis only takes into account top providers of internet services in the country, ones which account for 3% or more of total test samples in the market in Q2 of 2021 – smaller providers are not tested. All providers are ranked based on their Speed Score, which incorporates a measure of each provider’s download and upload speed to rank network performance (90% of the final Speed Score is attributed to download speed and the remaining 10% to upload speed because online experiences are typically more affected by download speed). Ookla places the most emphasis on the median speeds as those represent what most network providers’ customer...
Ethiopian Government Selling a 40% Stake in Ethio Telecom
Image sourced from Africanews. The Ethiopian government has announced a new tender process to begin the sale of a 40% stake in the state-owned telecommunications company, Ethio Telecom. The sale is still in its very early stages with the selection of a successful bidder expected only at the end of a significantly lengthy process. According to reports, the government plans to retain a 55% stake in the operator while the remaining 5% will be offered to domestic investors through an initial public offering. This new proposed sale of a large minority stake in the telecom comes as part of the Ethiopian government’s plan to liberalise the country’s monopoly in its telecom sector. Another key piece of the plan is for two foreign carriers to be granted licenses to operate in the vast, nearly-untap...
Safaricom’s eSIM – What is it and How to Get It
Image sourced from Techweez. The much-rumoured eSIMs developed by Safaricom have officially been released in Kenya. All your biashara and personal lines can now be managed on one device. Better yet, you don’t have to switch physical SIM cards! Switch to #SafaricomEsim at a Safaricom shop near you. Available on select devices. #TwendeTukiuke pic.twitter.com/Nm3FtJnHj5 — Safaricom PLC (@SafaricomPLC) June 8, 2021 What is an eSIM? eSIM or embedded SIM is built into your phone. It is a tiny device, much smaller than even the smallest available micro SIMs. The smallest “nano” SIM is 8.8 mm by 12.3 mm, whereas an eSIM is 2.5 mm by 2.3 mm with a thickness of 0.2 mm. Since eSIMs are installed directly on your device’s motherboard, they are re-writable, which opens many more customization options f...
9 out of 10 Kenyan SMEs Use M-Pesa for Payments, via New Survey
Image sourced from WeeTracker /* custom css */ .tdi_4_9b7.td-a-rec-img{ text-align: left; }.tdi_4_9b7.td-a-rec-img img{ margin: 0 auto 0 0; } A new survey conducted by Amethyst Consultants on SME perceptions of banking products in Kenya showed that up to 95% of SMEs (9 out of 10 companies) in the country use M-Pesa, Vodafone’s mobile money service, according to Business Daily Africa. The survey, commissioned by SNDBX, took place between the months of March and April 2021 and included 131 small to medium enterprises (SMEs) across 17 “key sectors”. “The survey highlighted that SMEs continue to be resilient through the pandemic season and a third [of SMEs] are looking forward to a better future in 2021,” says Amethyst Consultants Founding Director, Sharon Mbugua. /* custom css */ .tdi_3_7f1.t...
Safaricom Introduces New Video Streaming Platform
Image sourced from Techweez Safaricom has launched Baze – its new video streaming platform – in Kenya. This subscription-based mobile-first service is expected to offer a wide selection of local and regional short-form videos in entertainment, music, news and sports. The telco says it is placing the entertainment Kenyans want at their fingertips while providing local content creators with an additional platform to share their stories and monetize their content. “The new service will offer customers a wide variety of video content and provide content creators an additional platform to monetize their content. We are looking to get the best forms of monetisation for creators and to give users a worry free experience when using the platform” says Kenyan business person, Sylvia Mulinge. “As we ...
Safaricom Subscribers to Receive Free Data For 90 Days
Image sourced from Techweez Safaricom Kenya has launched a campaign where subscribers can get free data every day for 90 days depending on their data usage profiles. According to Gadgets Africa, this offer is “aimed at empowering more customers to take their offline passions online as part of the country’s digital transformation agenda”. Peter Ndegwa, CEO of Safaricom, says “smartphones and the internet have become critical in our day to day lives, empowering us in different ways by connecting us to more opportunities. The 90-day free data campaign seeks to ensure that no customer is left behind by ensuring that all our customers can now access the internet, even at no cost”. Subscribers can redeem free daily data by dialling *544#. Safaricom to Pay $850 Million for Ethiopian Operatin...
Safaricom Forced to Split Dividend Payouts by CBK
Image sourced from Techweez The Central Bank of Kenya (CBK) has pressured Safaricom into dividing its dividend payouts in order to “shield the weakening shilling when the telecommunications firm seeks dollars for repatriation to foreign investors”, reports Business Daily. Kenya’s local currency has faced immense pressure in recent months following the collapse of the tourism sector due to the COVID-19 pandemic. According to people familiar with the matter, the CBK’s push is one of the “key factors for the firm to break its tradition of making a single dividend payment in August or September” – this comes after the telco announced its first-ever interim dividend of Sh0.45 in February. “Safaricom has to buy dollars from the market then repatriate the dividends. The dollar demand associated w...
Calls for Safaricom to Share Telco Infrastructure by Kenya Competition Authority
Image sourced from Techweez The Competition Authority of Kenya (CAK) has approached Parliament with new laws that would require the country’s telco’s – mainly Safaricom – to share their private infrastructure on a commercial basis. “The authority’s view is that ab initio infrastructure provisions in the sector should have been separated from the mobile network operators. Primarily regulations should have been developed to ensure that third parties provide the infrastructure. Unfortunately, this did not happen,” says CAK Director-General, Francis Wang’ombe Kariuki. “It is with this reality that we opine regulations should be promulgated and enforced in regard to infrastructure sharing on a commercial basis and in case of dispute, the sector regulator [Communications Authority of Kenya] may ...
M-Pesa Africa Appoints New Managing Director
Image sourced from Twitter Safaricom’s M-Pesa Africa has appointed Sitoyo Lopokoiyit as its new Managing Director. He is a “mobile financial services expert who has directly managed mobile money in two of the largest markets in the world – Kenya and Tanzania,” reveals MyBroadBand. Lopokoiyit joined Safaricom in 2011 as head of M-Pesa strategy and business development. He then went on to Vodacom Tanzania in 2016 where he worked as the director of m-commerce, before re-joining Safaricom in 2018. Kenyan Senators Call for Safaricom to Split Senators in Kenya believe that Safaricom should split into two firms – Mobile Services and M-PESA. According to The Star, a split would see the mobile telephony service is regulated by the Communication Authority of Kenya (CAK) and the M-Pesa...
5G Rollout in Kenya Escalates as Airtel Upgrades 600 Sites
Sourced from Comms MEA Airtel Kenya has upgraded over 600 sites in Nairobi, Mombasa and Malindi to ensure that they are 5G ready – this comes shortly after rival telco, Safaricom, launched the first 5G commercial services in East Africa. “These 600 sites are now 5G-ready. We don’t have to make any further modifications to the network. We will just get the spectrum and decide when to switch on,” says Prasanta Das Sarma, MD of Airtel Kenya. According to Business Daily, the new 5G network will “give consumers Internet speeds of 700 megabits per second, more than three times faster than the current 4G network, allowing operators to offer an alternative service for homes and offices in areas which are not currently covered by its fibre network”. Sarma also revealed that subscribers can hope to ...
Nokia Joins Forces with Safaricom to Launch the First Commercial 5G Network in East Africa
Nokia and Safaricom have joined forces to launch the first 5G commercial services in East Africa. According to the companies, Nokia’s 5G Single Radio Access Network (SRAN) technology and 5G FastMile gateways will enable ultra-fast Fixed Wireless Access (FWA) services to Safaricom’s subscribers across Kisumu and the Western Province of Kenya. 5G technology is expected to enable new applications in areas such as virtual reality, augmented reality and artificial intelligence for Safaricom subscribers. It will also benefit enterprises across important energy, healthcare, education, transport and entertainment applications. “We are proud to be the first operator in East Africa to launch 5G services, bringing the benefits of 5G technology to our customers. 5G capabilities will change a lot ...
