Tag archive for ‘MPESA’
By admin On Monday, January 15th, 2018

Digital revolution holds bright promises for Africa

  Turning a digital divide into dividends will require efforts By Eleni Mourdoukoutas Internet penetration is creeping up in Africa, bringing the prospect of digital dividends to a continent long marked by More...

By admin On Saturday, November 4th, 2017

Kenya’s Biggest Company Says Politics is Hurting Profit Growth

Safaricom Ltd. said political uncertainty surrounding Kenya’s prolonged presidential election period had affected the performance of East Africa’s largest company after it reported a slowdown in first-half More...

By admin On Monday, June 5th, 2017

Mpesa explores Africa Market

Vodafone’s popular mobile financial services M-Pesa will expand into more African countries, giving millions of people access to banking services without the need for a bank account, the chief executive of More...

By admin On Friday, December 30th, 2016

Kenyan banks are closing in on what they think will be the perfect M-Pesa disruptor

Early next year, Kenyan banks are expected to unveil a digital and mobile money transfer platform to rival M-Pesa’s longstanding dominance as the scramble for cashless payments intensifies. The plan started about More...

By admin On Friday, November 18th, 2016

Visa Begins Mobile-Money Service to Rival Safaricom’s M-Pesa

Visa Inc., the world’s largest payments network, introduced a mobile-phone application to enable cashless transactions in Kenya, where the majority of wireless payments are being done through the nation’s biggest More...

By admin On Sunday, September 6th, 2015

Safaricom CEO Bob Collymore: M-Pesa could have conquered the world, but we didn’t — and this is why

The phrase “African solutions” has in recent years taken major meaning on the continent, but it unintendedly creates a canvas that is short of conquering global markets, the chief executive officer of Safaricom, east More...

By admin On Thursday, July 23rd, 2015

It’s Kenya’s Moment to Shine, Private Sector Leaders Speak – GES2015KENYA

Global Entrepreneurship Summit By Muchiri Muchoki Mr George WachiuriCEO OPtiven Ltd The Global Entrepreneurship Summit (GES2015) Nairobi has knocked at the Kenyan door, and there is a huge amount of excitement in More...

By admin On Wednesday, April 29th, 2015

Equity Bank posts 13% pretax Profit

Equity Bank of Kenya’s first-quarter pretax profit rose 13 percent rise to 6.11 billion shillings ($64.69 million), lifted by a rise in interest income. The lender, the biggest in the east African country More...

By admin On Friday, February 13th, 2015

Kenya’s mobile money use swells to 50,000 USD per minute

Kenya’s 2014 mobile money use surged to a record 26.1 billion U.S. dollars, an increase of about 4 billion dollars from previous year. This is a new high in the use of the technology that has transformed lives More...

By admin On Wednesday, November 5th, 2014

Safaricom and Moneygram sign deal targeting $1billion Diaspora Remittance

Kenya’s Safaricom (SCOM.NR) and U.S. company MoneyGram International (MGI.O) have agreed a deal for money to be sent from abroad to Kenya through their money transfer services, targeting more than $1 billion More...