M-Pesa Send Money and Withdrawal Rates for 2025
January 2, 2025
Safaricom has announced the revised M-Pesa charges for sending and withdrawing money in 2025. With the updated rates, you will notice that Safaricom has harmonized them across all networks. This means that sending money to…
You Can Now Sign Up for Safaricom's Ziidi Money Market Fund
December 11, 2024
A few weeks back, we informed you about Safaricom’s new Money Market Fund (MMF), Ziidi. At that time, the fund had just been approved by the Capital Markets Authority (CMA). The regulator said Ziidi Money…
M-Pesa Userbase Surpasses 34 Million Users
December 5, 2024
M-Pesa, Safaricom’s mobile money platform, has surpassed 34 million subscribers. The company announced this today revealing the milestone was achieved back in November. With 34 million subscribers, Safaricom is one of the leading mobile money…
Safaricom Increases 5G Speeds for SMEs with '5G for Business'
December 2, 2024
Safaricom has increased the speeds for 5G for Business customers. The company says with the faster speeds, it will be able to provide SMEs with faster, more reliable connectivity that supports their growing digital needs….
CMA Approves Safaricom’s Ziidi Money Market Fund
November 27, 2024
The Capital Markets Authority (CMA) has announced the approval of Safaricom’s Ziidi Money market Fund. The regulator announced that today saying Ziidi Money Market Fund has been approved as a Collective Investment Scheme (CIS). The…
Safaricom Launches 90-Day Online ‘Wai Ndai’ Challenge with 3 Suzuki Altos Up for Grabs
November 19, 2024
Safaricom has announced the start of a 90-day online gaming challenge dubbed ‘Wai Ndai’ Challenge. The challenge kicked off on 16th November 2024 and will run till 15th February 2025. Customers can take part in…
Safaricom Raises Concerns Over Kenya’s Plan to Use Paybills as Virtual Tax Receipts
November 11, 2024
The Kenyan government plans to widen the tax base and one of the ways it will do so is by using mobile money paybills as virtual electronic tax receipts. The government says this will weed…
Safaricom’s Mobile Connectivity Business Accounted for 52.2% of Its 2024/2025 Half-Year Revenue
November 7, 2024
Safaricom has announced its 2024/2025 half-year revenue figures showing a strong first 6 months of the year ending September 30th 2024. From the figures shared, its mobile connectivity business, comprising of voice, data and SMS,…
Safaricom Zero-Rates Uber App for Drivers Raising Net Neutrality Concerns
November 4, 2024
Safaricom and Uber have today announced a new partnership that will allow free use by drivers and delivery partners on the Uber and Uber Eats apps as well as riders, with Uber covering the cost….