SCOM
Data as of Oct 09, 2026
In The News
Richard Muthua has announced his move to Safaricom, where his remit covers cloud, cybersecurity and IoT after senior leadership roles at Liquid Intelligent Technologies.
Safaricom (NSE: SCOM) and Pesapal have announced the rollout of next-generation payment experiences designed to make everyday transactions faster and more convenient for businesses and customers across Kenya.
Safaricom is packaging Huawei-powered SD-WAN as a managed service, allowing multi-site businesses to coordinate fibre, internet, MPLS and 4G/5G links through one network-management layer.
Safaricom has expanded its investment services to customers seeking Islamic finance with the launch of the Ziidi Shariah Money Market Fund, allowing M-Pesa users to invest without using interest-based products. The new fund, launched in partnership with GulfCap Investment Bank, is available through Safaricom’s My OneApp and the *334# USSD service. Customers can start with […]
Safaricom and Gulfcap Investment Bank (GCIB) have launched Ziidi Shari’ah Money Market Fund, expanding access to Shari’ah-compliant investment
Safaricom (NSE: SCOM) and Gulfcap Investment Bank (GCIB) have launched Ziidi Shari’ah Money Market Fund, expanding access to Shari’ah-compliant investment through a simple and accessible digital experience.
The Fishermen Experience in Kisumu brought together three days of creativity, learning and entertainment, with engagements for young creatives on Wednesday and Thursday leading into the main concert at Mamboleo Stadium on Saturday.
MPs are probing Safaricom’s SIM recycling practices as Kenya tightens rules on inactive numbers, M-Pesa access and subscriber data.
Official data show that half of the Sh1.59 billion that was stolen from banks by hackers in 2024 was through mobile banking.
Safaricom's Jumbe payment confirmation format could help customers share proof of payment without exposing sensitive details such as their M-PESA balance. Pochi la Biashara could be the next important addition.
Airtel Money has already set off the price fight by cutting fees charged on merchant payment platforms in the past three months, triggering a response from Safaricom.
Safaricom and PesaPal have announced the rollout of the next generation payment experiences designed to make everyday transactions faster and more convenient for businesses and customers across Kenya. The collaboration builds on Safaricom’s continued innovation around M-PESA payments including Scan-to-Pay and Tap-to-Pay. PesaPal brings its merchant payment infrastructure to this journey, enabling Dynamic Scan-to-pay and […]
Safaricom has partnered with payments firm Pesapal to roll out tap-to-pay and dynamic QR code payments for M-Pesa at shop tills.
Six Kenyan photographers and videographers have won a combined KES 4.5 million in Safaricom and M-Pesa Foundation Capture the Good Challenge
Former CBK governor Patrick Njoroge wants mobile-money wallet holders to receive a share of income generated from customer funds held in trust, potentially changing how billions of shillings in returns are distributed.
The leading mobile money platform M-Pesa transacted Sh41.7 trillion in the year to March 2026.
Accessing a mobile service is a routine part of everyday life for the average person. But for persons with disabilities, simple interactions with technology, customer service, or digital platforms can sometimes present additional barriers.
Daktari Smart, a telemedicine programme by Gertrude’s Hospital Foundation and the M-PESA Foundation, aims to reach more than 50,000 children with access to specialised paediatric healthcare and train 800 healthcare workers
M-PESA CTO Vinod Sharma used the company’s experience operating financial infrastructure at scale to explain why AI needs tightly defined boundaries when it reaches money, compliance and customer decisions.
Safaricom PLC continued to account for the majority of mobile money subscriptions, with an 88.8% market share as of June 2026.
If Kenya’s Parliament passes the law, players will have one year to comply with the new requirements.
A digital coin platform, Minisend will allow users and businesses to receive stablecoins such as USDC and USDT across supported blockchain networks and move those funds into familiar local financial channels during the Africa Blockchain Festival 2026 set to take place at Nairobi’s Sarit Expo Centre in mid- October. The official partnership puts the crypto […]
Safaricom also retained the largest share of mobile broadband.
Safaricom Plc, a dominant player in the telecoms and fintech space, has become the first Kenyan Internet Service Provider(ISP) to have over a million subscriber. Available data shows that Safaricom internet subscribers reached 1.025 million in June 2026 and lifting its market share to 36.1%. Internet Subscriptions rose 8.9% in June from 941,501 in March […]
Safaricom PLC added more than 10.3 million active mobile lines over the four quarters of the 2025/26 financial year, a haul larger than the entire industry's net gain and one that has pushed the operator's share of Kenya's mobile market to its highest level in years.
Safaricom increased its share of Kenya’s mobile subscriptions to 69.8% in the fourth quarter of 2025/26.
Safaricom Plc has said that it takes note of the High Court of Kenya’s judgment on 15th September 2026 regarding the Government of Kenya’s divestiture of 15% of its shareholding in Safaricom to Vodafone Kenya Limited and effectively Vodacom Group Limited in which the Court has ruled against the divestiture. Safaricom verdict The firm said […]
Safaricom sale of Government’s 15% stake to Vodacom now heads to the Court of Appeal, according to National Treasury Cabinet Secretary John Mbadi, who insists that all the required procedures were followed in executing the transaction. The High Court has nullified the transaction and ordered the 15% stake restored to State ownership, citing shortcomings around […]
Vodacom acquired the government’s shares through a block trade on the NSE on June 30, the same day it also bought Vodafone’s shares through its investment vehicle Vodafone Kenya Limited (VKL).
Safaricom PLC has confirmed the High Court's ruling nullifying the government's sale of its 15 per cent stake to Vodacom.
High Court nullification of Vodacom’s purchase of the Government’s 15 percent stake in Safaricom has attracted a lot of attention. Government records show the transaction was intended to provide seed capital for the National Infrastructure Fund. Including Ksh 40.2 billion in upfront payments for future dividends, the total package was Ksh244 billion. National Treasury Cabinet […]
High Court has declared the government's sale of a 15 per cent stake in Safaricom PLC to Vodacom Group unconstitutional, null and void
The government says it will appeal against the decision, but its attempts to convince the court to suspend the judgment pending the appeal were rejected. ...
Dividends represent a tangible or realised return booked by investors from their holdings, adding to the paper gains they have made over the last three years in the NSE’s bull run.
The lakeside city of Kisumu will host the much-anticipated Safaricom Chapa Dimba Nyanza Regional Finals this weekend, with 12 teams from the region’s six counties set to battle for the regional crown in an action-packed showdown at the Jomo Kenyatta International Stadium.
Safaricom Ethiopia has crossed 15 million active subscribers after a rapid network buildout. The bigger question now is whether that scale can deliver sustainable returns.
Safaricom Ethiopia has surpassed 15 million 90-day active subscribers, marking five years since entering the market.
Safaricom has previously paid dividends ahead of schedule, including in 2024, as it shifted from cheque payments to electronic transfers through bank accounts, Real-Time Gross Settlement (RTGS)...
Safaricom Foundation commits KES 100m to Ndoto Zetu Phase 8, funding community projects while revisiting viable proposals from earlier rounds.
According to recent stats, the average amount individual investors are spending per share purchase on Ziidi Trader has climbed to roughly Sh4,818, nearly double the Sh2,872 average recorded
The dispute arose from cash transfers made between April and May 2025.
M-Pesa users can leverage the platform to directly buy shares on the NSE without opening a traditional brokerage account. ...
Safaricom has appointed two senior Vodacom executives, Mariam Cassim and Matimba Mbungela, as non-executive directors to its board following Vodacom’s acquisition of a majority stake.
Her move to Visa comes after a period in which she helped strengthen Airtel Money’s position in a market long dominated by M-Pesa. ...
The Kenyan government is supposed to cede one of its seats on the Safaricom board to Vodacom.
Vodacom Group, the majority shareholder of Safaricom plc, has moved to tighten its control of Safaricom following the recent transaction that lifted its stake in the telco to 55%.Vodacom Group CFO Mariam Cassim and Chief Human Resources Officer Matimba Mbungela have joined Safaricom’s Board as Non-Executive Directors w.e.f August 13th 2026. The entry of these […]
Vodacom's fintech chief has joined Safaricom's board as the company's governance continues to reflect the new 55% ownership structure.
Safaricom has expanded PATA MORE to Western and Nyanza with larger data bundles, lower M-PESA costs and new offers for businesses and device buyers.
Ms Rogo moved to court in February 2025, suing Safaricom and M-Pesa Holding Company over an alleged Sh125,658 loss.
When the news broke that Faida Investment Bank had been appointed as Independent Financial Adviser to the NCBA Board on its transaction with Nedbank, few in Kenya's financial circles were surprised.
Safaricom has released nine new mobile number ranges for customers across Kenya. The move comes as the operator expands network capacity and responds to rising demand for mobile connectivity.
Some employees were dismissed in 2019 in a dispute arising from allegations of unauthorised access to confidential subscriber information.
Safaricom has appointed Caroline Wambugu to lead finance controls, performance and investor relations, expanding her mandate across key finance functions.
It ruled that although Vodafone PLC was improperly joined in the petition, it should remain in the proceedings to avoid delaying the case.
Data from the Communications Authority of Kenya (CA) shows a gradual erosion of Safaricom’s dominance in mobile money and fixed internet as rivals ramp up competition.
A higher reserve level is widely viewed as a sign of improved external liquidity and stronger ability to absorb volatility in global financial markets.
Safaricom Ethiopia's first-quarter revenue rose 66.1 percent to Sh5.04 billion, driven by strong growth in data usage, customer additions and M-PESA adoption as the operator edged closer to 15 million customers.
Safaricom shareholders approved a final dividend of KSh1.15 per share at the company's 18th Annual General Meeting on 31 July.
Safaricom Ethiopia’s Q1 FY27 revenue rose 66.1% to 5.04 Bn as customers neared 15 million and management maintained its EBITDA break-even target.
Safaricom PLC (NSE: SCOM) has declared its highest-ever dividend payout of KES 80.13 billion, after shareholders at the company's Annual General Meeting today approved a final dividend of KES 1.15 per share for the financial year ended 31 March 2026.
Safaricom (NSE: SCOM) has launched PATA MORE, a new campaign that gives customers and businesses more value from the connectivity products and services they use every day.
Safaricom shareholders approved 14 special resolutions giving Vodafone CEO nomination rights, board appointment rights and formal post-buyout governance control
Safaricom is expanding its network with 300 additional masts while increasing the value of several data bundles to support growing demand for connectivity across Kenya.
Safaricom has raised the Pochi la Biashara fee-free payment limit from KSh100 to KSh200. Here's why the move matters for merchants and M-PESA users.
Safaricom Plc has made huge cuts on its Pochi La Biashara where Customer payments to merchants will be free up to KSh 200 for 90 days from 1 August 2026, with lower charges above that threshold. Safaricom has also revised its Lipa na M-PESA proposition where customers who Buy Goods will see where free collections […]
Safaricom shareholders approved 14 special resolutions that align the company's governance with Vodacom's majority ownership while preserving government oversight over key strategic decisions. Here's what the changes mean for investors and the company's future.
Safaricom PLC has declared its highest-ever dividend payout of Ksh 80.13 billion, after shareholders at the company's Annual General Meeting today approved a final dividend of Ksh 1.15 per share for the financial year ended 31st March 2026.
Safaricom has increased its investment in Ethiopia to KSh159.6 billion, highlighting continued confidence in a business targeting EBITDA break-even by March 2027.
New disclosures from Safaricom place its total funding contribution to the business at Sh159.6 billion at the end of June 2026.
Safaricom Ethiopia has reached 14.7 million active customers while cutting losses and moving toward EBITDA break-even by March 2027. The progress also strengthens Vodacom's long-term growth plans.
M-PESA Ethiopia now lets EEU prepaid smart meter users buy electricity tokens through the Super App, making power top-ups faster and more convenient.
De La Rue EPZ Kenya Limited, a cash minting business that is majority owned by Switzerland-based Thomas De Rue AG, has picked on Michael Joseph, former top executive and board chairman at Safaricom and Kenya Airways, to sit in its Boardroom. De La Rue has undergone a c-suite retooling process that has seen its majority […]
The increased number of active customers improves the operator’s ability to generate revenue across its telecoms business.
Pochi la Biashara now has 2.2 million users, surpassing the 1 million merchants signed up for Lipa na M-PESA, and insiders at the company are now calling it one of their best-kept secrets.
Vodacom has lifted its medium-term financial targets just weeks after completing its majority acquisition of Safaricom. The decision reflects growing confidence in Ethiopia, digital financial services and the Kenyan operator's broader platform strategy.
Her departure from Safaricom has sparked speculation that she is finally on the cusp of leading a major company.
Reduced earnings is pushing them to seek additional income through rival services such as agency banking and Airtel Money.
The creation of the fund, which was established under the National Infrastructure Fund Act, 2026, has been challenged for lack of public participation and lack of proof on how Parliament will...
M-PESA Ethiopia has partnered with Gebeya to let customers buy AI services through its app, expanding its Mini App ecosystem beyond mobile payments.
Hustler Fund borrowers can now use Safaricom Bonga Points to clear outstanding loans. The move comes as the government seeks to recover more unpaid loans after ending fresh Treasury funding.
Safaricom Hook Circle trained 5,000 students at Kiambu National Polytechnic with digital, entrepreneurship and career skills for Kenya's evolving job market.
Safaricom's Chief Financial Services Officer Esther Masese Waititu will leave the company at the end of July. Her tenure included FinTech 2.0, Daraja 3.0, Ziidi Trader and other major M-PESA initiatives.
Airtel Kenya has suffered a major setback after the Competition Authority of Kenya (CAK) dismissed its complaint against Safaricom over discounted voice call charges, allowing the country's largest telecommunications company to continue offering promotional tariffs that had sparked a fierce dispute between the two rivals.
She will leave Safaricom on July 31, 2026, ending a tenure that began in 2023.
Safaricom, through its youth platform Safaricom Hook Circle, successfully hosted a two-day skills and career development programme at Kiambu National Polytechnic
M-Pesa Africa has reported its first operating profit since the joint venture was formed. The result reflects how Safaricom and Vodacom are building a broader digital finance platform across Africa.
Learn how Safaricom helps keep your M-PESA account secure with PIN protection, stronger authentication, SIM safeguards and fraud prevention tips.
In Kenya, the M-Pesa platform has grown over the years to become the biggest revenue earner for Safaricom, ahead of voice and data services. ...
Safaricom, through its youth platform Safaricom Hook Circle, has hosted a two-day skills and career development programme at Kiambu National Polytechnic. The programme brought together students, industry leaders and learning partners to prepare young people for opportunities in the digital economy. About 5,000 students were equipped with practical, industry-relevant skills through the sessions. Students from …
Safaricom has secured a deal to provide fibre internet to Kenya's Affordable Housing Programme, beginning with 14,000 homes at the Mukuru development. The rollout supports the company's push into affordable home broadband.
The Competition Authority has dismissed Airtel's complaint that Safaricom's discounted voice promotions amounted to predatory pricing. The ruling revisits a long-running dispute over competition in Kenya's telecom sector.
The affordable housing units will be connected through Wi-Fi Bamba, a tokenised fibre broadband service
Stanbic Bank Kenya Board of Directors has appointed Michael Mutiga, a former top executive at Safaricom Plc, as its new Chief Executive Officer effective August 1st 2026. This appointment is subject to requisite regulatory approvals. Mutiga is a seasoned executive with over 20 years of leadership experience across banking, telecommunications and digital financial services. His […]
Globally, the MTR is viewed as the lowest cost possible for a voice call, deeming any tariffs below the rate as undercutting rivals.
Stanbic said Mr Mutiga’s experience in strategy execution, corporate finance, business growth, stakeholder engagement and transformation would support the bank’s next phase of grow ...
Stanbic Bank Kenya has appointed Safaricom executive Michael Mutiga as its next Chief Executive. The move also highlights a broader trend of major African banks recruiting leaders with telecom and digital finance experience.
Visa and Safaricom have concluded their football-themed "Game Iko On" campaign to encourage more Kenyans to use the M-Pesa GlobalPay Virtual Visa Card for secure international online payments.
Digital threats continue to evolve, from phishing and SIM swap fraud to AI-powered scams. Here's how Safaricom is helping customers protect their personal information while sharing practical steps everyone can take to stay safer online.
The theft often begins with something that looks ordinary: a WhatsApp message from a person calling themselves an agent, a paper Till number placed beside a counter, a social-media comment that appears to come from a company, or a copy-pasted Paybill sent after a customer asks how to pay.
Safaricom now owns 54.17% of its Ethiopia business after providing fresh capital. The increase may only be temporary because other consortium investors can restore their previous ownership under the shareholder agreement.
Calculate investment returns based on past performance
Note, past performance is not indicative of futture performance
