TECNO, Safaricom cut POVA Curve 2 5G price by Sh11,000
TECNO and Safaricom have cut the price of the POVA Curve 2 5G by Sh11,000 to Sh44,999 to widen access to 5G smartphones in Kenya.
Equity Sectors
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0
+1.75%
Telecommunication
1.40 T
+1.16%
Construction & Allied
19.03 B
+0.86%
Manufacturing & Allied
305.39 B
+0.50%
Investment
12.72 B
+0.38%
Automobiles & Accessories
22.02 B
+0.18%
Insurance
118.72 B
+0.11%
Banking
1.70 T
-0.27%
Investment Services
7.79 B
-0.66%
Energy & Petroleum
150.82 B
-0.86%
Agricultural
21.20 B
-1.83%
Commercial & Services
49.16 B
-2.11%
Safaricom
SCOM
Data as of Oct 16, 2026
KES 34.90
+0.40 Today
1.16%
In The News
Safaricom and Cloudflare’s SME security approach puts affordability and access in focus
Small businesses need protection that fits their budgets, skills and operations. Managed services can help, provided the scope and response arrangements are clear.
Safaricom cybersecurity summit puts AI at centre of cyber defence
Safaricom’s fourth Cybersecurity Summit called for security built into services from the start as AI fuels deepfakes, scams and ransomware.
Cyber Threats Surge 29% to 11.12 Billion as Safaricom Hosts Fourth Cybersecurity Summit
Cyber Threats Surge 29% to 11.12 Billion as Safaricom Hosts Fourth Cybersecurity Summit Is this conversation helpful so far?
Mastercard Raises Alarm over M-Pesa Cybersecurity Risks
From paying electricity bills to running businesses, mobile money has become part of everyday life in Kenya. However, the convenience of digital payments is also raising concerns about the security of the financial systems millions of people depend on. A Mastercard cybersecurity report warns that Africa’s rapid shift to digital services is creating new opportunities […]
Safaricom Launches SD-WAN Service for Multi-Branch Businesses
Safaricom (NSE: SCOM) has launched a managed SD-WAN service that allows businesses with multiple branches to run their connectivity as one network for a fixed monthly fee, without buying equipment upfront.
Richard Muthua moves from Liquid to lead Safaricom’s cloud and cybersecurity business
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 and Pesapal Roll Out Next-Generation M-PESA Payment Experience
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 brings managed SD-WAN to Kenyan businesses as enterprise networks grow more complex
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 Launches Shariah-Compliant Ziidi Fund
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 launches Sharia-compliant money market fund on M-Pesa
Safaricom and Gulfcap Investment Bank (GCIB) have launched Ziidi Shari’ah Money Market Fund, expanding access to Shari’ah-compliant investment
Safaricom Expands Digital Investment Options with New Ziidi Shari’ah Money Market Fund
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.
Safaricom Champions Youth And Creativity Through Support For The Fisherman 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.
Safaricom’s recycled numbers put Kenya’s mobile identity rules under the parliamentary spotlight
MPs are probing Safaricom’s SIM recycling practices as Kenya tightens rules on inactive numbers, M-Pesa access and subscriber data.
M-Pesa, Airtel Money must report all mobile cash theft to CBK
Official data show that half of the Sh1.59 billion that was stolen from banks by hackers in 2024 was through mobile banking.
M-PESA Jumbe addresses the privacy risk of sharing payment confirmations
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 bets on low fees against M-Pesa as market matures
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, PesaPal Partner to Expand M-Pesa Menu Options
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, Pesapal bring M-Pesa tap-to-pay to shop tills
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 creatives win KES 4.5 million in Safaricom Capture the Good Challenge
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 pushes for M-Pesa users to receive returns from trust funds
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.
M-Pesa, Airtel Money can invest customer deposits under new Bill
The leading mobile money platform M-Pesa transacted Sh41.7 trillion in the year to March 2026.
From Access to Participation: Safaricom Deepens Focus on Disability Inclusion
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.
Gertrude’s, M-PESA Foundation Expand Daktari Smart to 10 Counties, Target 50,000 Children
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 explains where AI should stop in financial infrastructure
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.
Mobile Money Subscriptions Surpass 54 Million in Q4, Safaricom Retains Lead
Safaricom PLC continued to account for the majority of mobile money subscriptions, with an 88.8% market share as of June 2026.
New Bill forces banks, M-Pesa to share customer data
If Kenya’s Parliament passes the law, players will have one year to comply with the new requirements.
Crypto Firm Poised To Disrupt Traditional Banking M-Pesa Style
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 widens mobile market lead over Airtel
Safaricom also retained the largest share of mobile broadband.
Safaricom Plc Fixed-Internet Subscribers hit past 1 Million
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 Gains 10 Million More Lines, Airtel Shrinks
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 expands its share of Kenya’s mobile subscriptions as competition varies across services
Safaricom increased its share of Kenya’s mobile subscriptions to 69.8% in the fourth quarter of 2025/26.
Safaricom Reviewing the Court Judgement on Vodacom transaction
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 Stake to Vodacom Heads to Appeal Court
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 […]
S.Africa’s Vodacom Group fights to keep majority stake in Safaricom
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, Vodacom respond after High Court nullifies stake sale
Safaricom PLC has confirmed the High Court's ruling nullifying the government's sale of its 15 per cent stake to Vodacom.
Cost Of The Canceled Safaricom Deal
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 nullifies Safaricom's 15pc stake sale to Vodacom
High Court has declared the government's sale of a 15 per cent stake in Safaricom PLC to Vodacom Group unconstitutional, null and void
New legal battle as Treasury’s sale of 15pc Safaricom stake nullified
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. ...
Safaricom, banks pay 80pc of NSE dividends
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.
Safaricom Chapa Dimba Docks in Kisumu for Nyanza Regional Finals as 12 Teams Battle for Regional Crown
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's 15 million customers put the focus on whether its investment can deliver sustainable returns
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 crosses 15m subscribers at five-year mark
Safaricom Ethiopia has surpassed 15 million 90-day active subscribers, marking five years since entering the market.
Safaricom in early payment of Sh46bn dividend
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)...
After KES 700m invested since 2019, Safaricom Foundation takes Ndoto Zetu into Phase 8
Safaricom Foundation commits KES 100m to Ndoto Zetu Phase 8, funding community projects while revisiting viable proposals from earlier rounds.
How M-Pesa's Ziidi Trader Is Quietly Changing Who Gets to Own a Piece of the Market
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
How M-Pesa trail settled friendship loan row
The dispute arose from cash transfers made between April and May 2025.
Investors average share purchase in M-Pesa Ziidi Trader rises to Sh4, 818
M-Pesa users can leverage the platform to directly buy shares on the NSE without opening a traditional brokerage account. ...
Safaricom appoint two Vodacom executives to board
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.
Anne Kinuthia-Otieno leaves Airtel Money after brusing M-Pesa battle
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. ...
Vodacom shakes up Safaricom board after Sh204bn share deal
The Kenyan government is supposed to cede one of its seats on the Safaricom board to Vodacom.
Vodacom Group Tightens Grip on Safaricom with More Boardroom Seats
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 […]
Mariam Cassim's move to Safaricom's board completes another Vodacom milestone
Vodacom's fintech chief has joined Safaricom's board as the company's governance continues to reflect the new 55% ownership structure.
Safaricom PATA MORE Campaign Expands With Bigger Data
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.
CBK loses bid to exit M-Pesa fraud case
Ms Rogo moved to court in February 2025, suing Safaricom and M-Pesa Holding Company over an alleged Sh125,658 loss.
From Safaricom to NCBA-Nedbank: How Faida Investment Has Built a Legacy Advising Kenya’s Biggest Deals
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 Opens Nine New Mobile Number Prefixes in Kenya - TechTrendsKE
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.
Court upholds sacking of Safaricom manager over data leaks
Some employees were dismissed in 2019 in a dispute arising from allegations of unauthorised access to confidential subscriber information.
Safaricom Elevates Caroline Wambugu to Finance Role | The Kenyan Wallstreet
Safaricom has appointed Caroline Wambugu to lead finance controls, performance and investor relations, expanding her mandate across key finance functions.
Court rejects Vodafone’s bid to exit a Safaricom dealership fight
It ruled that although Vodafone PLC was improperly joined in the petition, it should remain in the proceedings to avoid delaying the case.
Airtel, Safaricom locked in business wallet price war
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.
Safaricom sale, World Bank loan lift forex reserves to Sh1.99trn
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 Q1 revenue jumps 66% as customer base nears 15 million
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 declares record dividend as Vodacom deal closes out
Safaricom shareholders approved a final dividend of KSh1.15 per share at the company's 18th Annual General Meeting on 31 July.
Safaricom Ethiopia Targets Break-Even as Revenue Jumps 66% | The Kenyan Wallstreet
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 Pays a Record Dividend at KES 80.13 Billion for FY26
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 Unveils PATA MORE, Boosting Customer Value Across Data, M-PESA, Devices and Business Services
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.
Vodacom Control Rights Take Effect After Safaricom AGM Vote | The Kenyan Wallstreet
Safaricom shareholders approved 14 special resolutions giving Vodafone CEO nomination rights, board appointment rights and formal post-buyout governance control
Safaricom Plans 300 New Masts and Bigger Data Bundles
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 Raises Pochi la Biashara's Free Payment Limit to KSh200
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 Makes Big Cuts on M-PESA Merchant Charges from this August
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 Formalizes Vodacom's Governance Rights After Shareholder Vote
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 Pays a Record Dividend For 2026
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's Ethiopia Investment Climbs to KSh159.6 Billion
Safaricom has increased its investment in Ethiopia to KSh159.6 billion, highlighting continued confidence in a business targeting EBITDA break-even by March 2027.
Safaricom invests extra Sh1.4bn in Ethiopia unit
New disclosures from Safaricom place its total funding contribution to the business at Sh159.6 billion at the end of June 2026.
Safaricom Ethiopia Adds One Million Customers in Three Months as Profitability Draws Closer
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 Adds Prepaid Electricity Payments to Super App for EEU Smart Meter Users
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 taps Ex-Safaricom Boss Michael Joseph to Join its Board
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 […]
Safaricom Ethiopia reaches 14.7m customers in race to profitability
The increased number of active customers improves the operator’s ability to generate revenue across its telecoms business.
From 600,000 to 2.2 Million Users: The Playbook Behind Safaricom's Pochi la Biashara Success
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.
Why Vodacom Is Raising Its Growth Targets After Taking Control of Safaricom
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.
Inside Esther Waititu's journey from graduate trainee to 'Mama M-Pesa'
Her departure from Safaricom has sparked speculation that she is finally on the cusp of leading a major company.
Rising agent numbers cut average M-Pesa commissions to record low
Reduced earnings is pushing them to seek additional income through rival services such as agency banking and Airtel Money.
Courts to track KPC, Safaricom sale cash proceeds
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 Brings Gebeya's AI Tools to Its Mini App Platform
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 Repay Loans Using Safaricom Bonga Points
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 Expands Youth Skills Programme to Prepare Students for Digital Economy
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 Esther Masese Waititu Resigns After Leading Major M-PESA Initiatives
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 Loses Bid to Block Safaricom’s Low Call Tariffs as Competition Authority Closes Case
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.
Safaricom Chief Financial Services Officer Esther Waititu quits
She will leave Safaricom on July 31, 2026, ending a tenure that began in 2023.
Safaricom Hook Circle Empowers Students with Future-Ready Skills at Kiambu National Polytechnic
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 Turns Its First Operating Profit as Platform Reaches 60 Million Users
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.
Why Safaricom Adds Extra Steps to Keep Your M-PESA Account Secure
Learn how Safaricom helps keep your M-PESA account secure with PIN protection, stronger authentication, SIM safeguards and fraud prevention tips.
M-Pesa joint venture in first Sh102m profit
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 Hook Circle Equips 5,000 Students With Future-Ready Skills
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 to Connect Government Affordable Housing Projects With Fibre
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.
Airtel's Challenge to Safaricom's Discounted Calls Falls Short at CAK
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.
Safaricom wins affordable housing internet deal
The affordable housing units will be connected through Wi-Fi Bamba, a tokenised fibre broadband service
Stanbic Bank Kenya Appoints former Top Safaricom Executive as its New CEO
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 […]
Airtel loses fight against Safaricom's 10 cents tariff
Globally, the MTR is viewed as the lowest cost possible for a voice call, deeming any tariffs below the rate as undercutting rivals.
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