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M-Shwari Deposits Decline Amid Economic Challenges

M-Shwari, Safaricom’s mobile lending platform, witnessed a significant downturn with a 44.1 percent drop in deposits from March 2022 to March 2023. The total deposits plummeted to Sh416.7 billion, marking a sharp decline from the…
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Lava Mobile Is the Latest Smartphone Manufacturer to Enter the Kenya Market

Lava, an Indian phone manufacturer, has officially entered the Kenya market. The phone manufacturer officially introduced its affordable smartphone line to the country yesterday saying that this is part of its aggressive business expansion in…
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M-Pesa Set to Be separated from Safaricom as soon as January 2023

Over the last few years, there has been debate on the separation of M-Pesa from Safaricom’s core business. The arguments for both sides have been valid but Safaricom hasn’t been keen to embrace this. There…

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