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Safaricom and NSE Launch Ziidi Trader to Bring Stock Market to M-PESA App

Safaricom has teamed up with the Nairobi Securities Exchange (NSE) to launch Ziidi Trader, a digital platform that allows millions of Kenyans to trade shares directly through their mobile phones. The move integrates the local stock market into the M-PESA...

Safaricom Targets 12,000 Transactions Per Second with Major Daraja API Upgrade

Safaricom has unveiled a significant upgrade to its developer gateway, Daraja 3.0, marking a fundamental shift in how businesses integrate with the M-PESA ecosystem. The latest version of the platform moves away from being a simple payment bridge to becoming...

Safaricom Shangwe @25 Promotion Concludes | Creates 25 Millionaires

 Safaricom has unveiled the final five winners of KES 1 million in its Shangwe @25 nationwide consumer promotion, bringing the total number of new millionaires to 25. ‎ The final winners Quinter Akinyi Wanyama (Bungoma), Sheila Cherotich (Bomet), Fidel Mwendwa (Kitui),...

Safaricom Appoints Sylvia Anampiu as it Prepares Pay-as-you-go Fibre Broadband Rollout

Safaricom has appointed Sylvia Anampiu as director of fixed business as Kenya’s largest telecoms operator moves closer to rolling out pay-as-you-go fibre broadband for homes and offices. The appointment comes as Safaricom prepares to overhaul how fixed internet is sold,...

Safaricom’s Karen Basiye Honored by Schwab Foundation for Sustainability

Safaricom's Karen Basiye has been honored as a Schwab Foundation Corporate Social Innovator of the Year, joining a select group of 21 global leaders recognized for their transformative work in social and environmental impact. Karen, Director of Sustainable Business, Social...

Security Guard Becomes Latest Millionaire in Safaricom Shangwe @ 25 Promotion

Geoffrey Kipkoech, a 49-year-old security guard from Gachie, is the latest KES 1 million winner in Safaricom’s ongoing nationwide Shangwe @25 promotion. Kipkoech, a father of five who works at Rosslyn Estate in Nairobi, received the life changing news while attending...

Treasury CS Defends Strategic Divestiture: Sh204 Billion Safaricom Tech Deal Under Scrutiny

 Treasury Cabinet Secretary John Mbadi appeared before a joint parliamentary committee on Tuesday to defend a high-stakes partial divestiture of the government’s stake in Safaricom PLC. This comes as the state intends to offload 15 per cent of its 35...

Safaricom Targets 5,000 Solar-powered Sites by 2030

  Safaricom PLC said it plans to have 5,000 of its sites running on solar power by 2030 as part of efforts to cut reliance on fossil fuels and lower emissions across its network. The Kenyan telecoms operator said 95% of...

CMA Approves Safaricom, Airtel Money, Capital.com as Forex Brokers

Kenya’s Capital Markets Authority (CMA) has licensed Safaricom Plc and Airtel Money Kenya Limited as Intermediary Service Platform Providers (ISPPs), while Capital.com’s local unit, CC Kenya Securities Ltd, received approval as a Dealing Online Foreign Exchange Broker, marking a...

How AI & Messaging Could Transform Safaricom’s M-PESA into Africa’s Super-App in 2026

M-PESA, Kenya’s mobile money service run by Safaricom, already touches the daily lives of millions across East Africa. But the next frontier for M-PESA couldn't just be payments but AI-powered conversational commerce. By combining AI messaging or conversational AI...

How a Life-Changing Call from Safaricom Turned a Mombasa Tuk-Tuk Driver into a Millionaire

A routine M-PESA transaction has transformed the life of a 27-year-old tuk-tuk driver from Kisauni, Mombasa, after Safaricom notified him that he had won KES 1 million in its ongoing Shangwe @25 promotion. Joseph Ndung’u, who has worked in the...

Safaricom Honours Taxi-Hailing Drivers, Bodas During Shangwe @25 Celebrations

Safaricom, in partnership with taxi-hailing companies, has brought together taxi-hailing driver-partners and boda boda riders from across Kenya to empower the mobility workforce and helping them maximise their earnings. The event formed part of the wider Shangwe @25 celebrations, marking...

Safaricom’s Green Bond Lists on the Nairobi Securities Exchange in $260m Deal

Safaricom's green bond has listed on the Nairobi Securities Exchange, with individual investors dominating demand in a transaction that highlights how mobile money is reshaping access to capital markets in East Africa’s biggest economy. Retail investors accounted for 96 per...

Safaricom Business Names First Winners in Shangwe @25 Enterprise Promotion

Safaricom Business, Safaricom’s enterprise unit, has announced the first winners in its nationwide Shangwe @25 promotion, rewarding micro, small, medium and large enterprises. In the first draw, 10 MSMEs won Bajaj tricycles, nine businesses received KES250,000 worth of restock each,...

Safaricom Secures $138M Standard Bank Loan to Expand Ethiopia Operations

Safaricom has secured a $138 million loan from Standard Bank to support the expansion of its Ethiopian unit, the operator said on Thursday. The funding will be used by Safaricom Telecommunications Ethiopia PLC to continue rolling out network infrastructure and...

Medic from Ahero Becomes the Latest Millionaire in the Ongoing Safaricom Shangwe za 25 Celebrations

Thirty-nine-year-old Wellington Juma found himself answering a phone call that changed his life for the better. After a night shift at Chulaimbo Health Center, all Wellington wanted to do was rest. Normally, he would have ignored a call at...

Safaricom Green Bond Raises $320M Just Two Weeks After Launch

Safaricom’s debut green bond has raised $320.3 million in just two weeks, well above its $116 million target, highlighting strong demand for sustainability-linked fixed-income assets in Kenya. The telecom operator will absorb $154.8 million, the maximum under the first tranche...

Safaricom’s Shangwe @25 Promotion Crowns Five New Millionaires

Safaricom’s Shangwe @25 nationwide consumer promotion continues to reward customers across the country, with five more Kenyans becoming the latest millionaires. Hannah Ngige from Komarock in Nairobi, Wellington Juma from Kisumu, Taala Chelanga from Elgeyo Marakwet, Elizabeth Wairimu from Thika,...

Vodafone Acquires 15% Government Stake in Safaricom for $1.63 Billion

Vodafone Group has acquired the Kenyan government’s 15% stake in Safaricom for approximately $1.63 billion, raising its total ownership to 55%, while the Government of Kenya (GoK) retains 20% and public investors hold 25%. The deal is one of Kenya’s...

Vivo Energy Kenya, Safaricom to Offer Data & Discounts to Cab Drivers

Vivo Energy Kenya, the local Shell fuel stations operator, and Safaricom have launched Bundle Ya Deree, to offer fuel discounts every Saturday, across all Shell outlets countrywide. Shell’s consumer offer brings taxi drivers a blend of premium fuel, convenience and...

Vodacom to Lift Safaricom Stake in €1.8 Billion Deal as Vodafone Tightens Grip on Africa

Vodafone Group Plc is tightening its hold on East Africa’s biggest telecommunications market after its South African unit, Vodacom Group Ltd., agreed to buy an additional 20% stake in Safaricom Plc in a transaction worth about €1.81 billion ($1.98...

Safaricom KSh 40B Domestic Medium-Term Note to Deepen Kenya’s Corporate Debt Market

Safaricom PLC recently floated its KSh 40 billion Domestic Medium-Term Note (DMTN) programme to finance or refinance environmentally eligible projects under Safaricom’s Sustainable Finance Framework. Aimed at strengthening the domestic corporate debt market, the programme enables Safaricom to issue multiple types...

Safaricom Targets Public Wi-Fi Market With Low-Cost Fibre & Pay-As-You-Go Hotspots

Safaricom Plc is set to launch a token-based home internet and public Wi-Fi service, moving into Kenya’s low-income broadband segment, according to sources familiar with the matter. The rollout introduces $6.15 (KES 800) monthly home fibre plans and micro-priced tokens...

Safaricom’s DigiFarm Launches Jipange Cash Advance to Ease Tea Farmers’ Cashflow Gaps

Safaricom’s agritech platform DigiFarm has launched a cash-advance product aimed at easing short-term cashflow pressures for Kenya’s smallholder tea farmers, whose incomes are often delayed between crop delivery and factory payouts. The facility, branded Jipange Cash Advance, is being rolled...

Safaricom Floats $115 Million Tax-Exempt Green Bond

  Safaricom has launched the first $115 million tranche of its $308 million domestic medium-term note programme, marking Kenya’s largest green bond issuance to date. The company has included a green-shoe option that would allow it to raise an additional...

Safaricom and the ICT Authority’s Connect Academy Cohort 1 Graduates

Connect Academy has today held its inaugural graduation ceremony for its first cohort of 48 students. The Academy is an initiative between Safaricom and the ICT Authority of Kenya.  Launched during the 2024 Connected Africa Summit, the academy seeks to...

Safaricom Launches Daraja 3.0 as M-PESA Transactions Surpass 100 Million Per Day

Safaricom PLC said on Tuesday that its newly upgraded API platform, Daraja 3.0, is poised to drive the next phase of digital innovation across Kenya, as M-PESA daily transactions exceed 100 million and API usage continues to rise across...

Kenyan Court Quashes Popote’s $8.5 Million Claim Against Safaricom Over Invalid Contract

The High Court in Nairobi has overturned an arbitral award that had exposed Safaricom PLC to more than $8.5 million in potential damages, ruling that the claim was founded on an unsigned partnership agreement and speculative revenue projections. Justice Peter...

Safaricom Calls for Industry Collaboration to Tackle Cybersecurity

Safaricom is calling on organizations to work together to safeguard data, protect customer trust, and support Kenya’s digital growth agenda, reinforcing its position as a key driver of secure digital progress in the region. Speaking at the Safaricom Cybersecurity Summit...

Safaricom Tests Ziidi Trader, an M-PESA Stock Trading Feature

Safaricom Plc is piloting a new feature on its M-PESA mobile money platform that will allow users to buy and sell shares listed on the Nairobi Securities Exchange, expanding its footprint in Kenya’s financial services industry. The service, dubbed Ziidi...