Tag: Safaricom

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

Kenya’s broadband market is shifting into a more competitive phase as pricing pressure builds across fixed internet services. The change is being driven in part by Safaricom, which is moving further into the country’s lower-cost internet segment with entry-level fibre and wireless packages starting at about KES 800 ($6) a month.  The development marks a notable shift for a company…

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