Tag: Safaricom

Vodacom to appeal court ruling reversing $1.9 billion Safaricom deal  

Vodacom to appeal Safaricom ruling after a Kenyan court voided its $1.9 billion stake purchase in the telecom giant.

Timilehin Adejumobi Timilehin Adejumobi

Safaricom appoints Mariam Cassim, Matimba Mbungela to board 

Safaricom appoints Mariam Cassim and Matimba Mbungela to its board as non-executive directors, strengthening its leadership.

Timilehin Adejumobi Timilehin Adejumobi

10 most valuable companies on the Nairobi Securities Exchange

Safaricom leads Kenya’s biggest listed companies as banks dominate the NSE’s top 10 by market value.

Timilehin Adejumobi Timilehin Adejumobi

Kenya’s Esther Waititu to exit Safaricom after steering M-PESA’s financial services

Kenyan tech leader Esther Waititu resigns as Safaricom financial services head, exiting just as corporate governance shifts hands, more control to Vodacom.

Omokolade Ajayi Omokolade Ajayi

Safaricom shareholders to vote on Vodafone’s CEO appointment rights    

Safaricom CEO appointment rights go to shareholders as Vodafone Kenya seeks control after raising its stake above 50%.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s Vodacom takes control of Kenya’s Safaricom with stake worth $2.1 billion

South Africa's Vodacom completes the acquisition of a majority stake in Safaricom following a key Kenyan court ruling.

Omokolade Ajayi Omokolade Ajayi

Safaricom’s $6 Fiber plan challenges Kenya’s Estate internet providers

Safaricom expands low-cost internet in Kenya with $6 plans, challenging estate ISPs in Nairobi and Kiambu broadband market shift.

Oluwatosin Alao Oluwatosin Alao

Kenyan court orders Safaricom to pay software developer $10.8 million in M-Pesa copyright case

Kenyan court orders Safaricom to pay software developer $10.8 million (Ksh1.4 billion) over M-Pesa child wallet copyright case.

Omokolade Ajayi Omokolade Ajayi

9 NSE-listed companies with market cap above $1 billion

Nine NSE-listed companies now exceed $1 billion in value, led by Safaricom, highlighting Kenya’s growing capital market depth.

Timilehin Adejumobi Timilehin Adejumobi

Safaricom maintains spot as East Africa’s biggest company with $4.7 billion market cap

Its market capitalization surged by $1.17 billion to $4.72 billion, reaffirming its dominance amid a competitive regional landscape.

Omokolade Ajayi Omokolade Ajayi