Safaricom
New M-PESA Update Allows Users to Send Money to Multiple People
Sourced from Tech Weez. Safaricom has introduced a new M-PESA app feature that allows users to send money to up to five people at the same time. According to Gadgets Africa, a big reason why the telco may have introduced this feature is to make it easier for companies to pay employees via the app. “Most times you’d have to send them their dues one by one which can be tedious. Now this update should help ease that pressure. We’re not sure yet if it lets you select different amounts for different people but if that’s the case it’s even better.” MTN Bids for Ethiopian Telco Licence Alongside Vodacom and Safaricom MTN Group has reportedly made a bid for an Ethiopian telecommunications licence alongside Vodacom Group and Safaricom. Finance ministry adviser, Brook Taye says that the consortium o...
Safaricom Completes Services Upgrade
Sourced from Tech Weez. Safaricom has introduced updates to its airtime top-up, sim swap, tariff migration and activation of new lines services. The updates are expected to increase the telco’s capacity for future innovations. In a tweet, Safaricom says that M-Pesa, calls, data and SMS will all be operational. Customer Notice on Service Upgrade for Saturday 24th April 2021. pic.twitter.com/NCo9j9PUGQ — Safaricom PLC (@SafaricomPLC) April 23, 2021 Safaricom Forced to Split Dividend Payouts by CBK 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...
MTN Bids for Ethiopian Telco Licence Alongside Vodacom and Safaricom
MTN Group has reportedly made a bid for an Ethiopian telecommunications licence alongside Vodacom Group and Safaricom. Finance ministry adviser, Brook Taye says that the consortium of bids is led by Safaricom. “We always wanted quality providers and this is what we have received,” adds Taye. “These are two African giants — the Safaricom-led consortium and MTN — either one or two of the operators will get a licence in Ethiopia.” Kenya’s geographical proximity to Ethiopia is expected to be one reason why Safaricom leads the consortium. “I think it will be a very good exposure to Safaricom from the perspective of geographical closeness on the one perspective, but also giving Safaricom additional exposure to more growth areas,” says Vodacom’s chief executive, Shameel Joosub. In an interview wi...
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 ...
Safaricom is Testing a Digital Health Passport Programme
Image sourced from Techweez Safaricom has begun testing Afya Moja – a mobile health records system – in partnership with Nakuru County. The initial pilot programme will see over 100,000 people be part of the integrated electronics medical records program. According to TechIsh, Afya Moja is a simple mobile-based Digital Health Passport that receives and securely stores patient information. With the platform, users can access a copy of their health information, and share it with trusted healthcare providers. “So, a doctor can for example, upon receiving consent from a user, have access to their medical background, helping them effectively handle whatever [medical] situation is at hand.” Steve Chege, Chief of Corporate Affairs at Safaricom, says “what we aim to do through Afya Moja, is to mak...
Safaricom Partners with Ericsson to Provide Gbps Backhaul Capacity in Kenya
Image sourced from Techweez Safaricom has chosen Ericsson to supply microwave solutions based on the E-band platform to achieve multi Gbps backhaul capacity for mobile broadband nationwide coverage in Kenya. The solution – MINI-LINK 6352 – is expected to offer high capacity, efficient use of spectrum, low-energy consumption and simplified operations and maintenance. With technological advances in microwave system software and new radio hardware, microwave transport capacity has moved from megabit-per-second capacity to gigabit-per-second capacity. By deploying Ericsson’s microwave solution, Safaricom will benefit from multi Gbps links as an alternative in areas where fibre is not viable. The links will assist in providing the much-needed capacity to assist the service provider to expand da...
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 ...
