Business

Safaricom Launches Ziidi MMF for Smart M-PESA Investments

By Eddah Waithaka Safaricom, in collaboration with Standard Investment Bank and ALA Capital Limited, has officially launched the Ziidi MMF today. This money market fund utilizes the convenience of M-PESA, providing customers with an easy, quick, and intelligent method to invest and build their wealth. Ziidi MMF is a unit trust enabling customers to earn […]

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Safaricom PLC Reports KES 28.1 Billion Net Income, Driven by 12.9% Surge in Kenyan Service Revenue

By Eddah Waithaka Safaricom PLC has reported a robust net income of KES 28.1 billion attributable to equity holders for the six months ending September 30, 2024, reflecting a significant boost in financial performance. The company’s impressive results were fueled by a double-digit growth of 12.9% in service revenue within its Kenyan operations, which soared […]

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MultiChoice and Safaricom Join Forces for Unmatched Entertainment

By Eddah Waithaka Today, MultiChoice  unveiled an impactful collaboration with Safaricom, paving the way for Safaricom subscribers to enjoy specialized access to a wealth of captivating content including exclusive TV series, movies, sports programming, and documentaries on both Showmax and DStv Stream. This innovative partnership introduces elite entertainment offerings to Safaricom clientele, elevating their viewing […]

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Safaricom Shines with KShs 139.9 Billion EBIT in Stellar Financial Report

By Eddah Waithaka On 9th May Kenya’s telecoms giant Safaricom PLC announced robust financial results with an impressive earnings before interest and tax (EBIT) of KShs 139.9 billion for the period ending 31st March 2024. This figure underscores the company’s financial strength and market resilience. In particular, the Group’s expansive outlook, taking into account start-up […]