Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya. It is the largest telecommunications provider in Kenya, and one of the most profitable companies in the East and Central Africa region. The company offers mobile telephony, mobile money transfer, consumer electronics, ecommerce, cloud computing, data, music streaming, and fibre optic services. It is most renowned as the home of MPESA, a mobile banking SMS-based service.
Safaricom controls approximately 64.5% percent of the Kenyan market as at 2020 with a subscriber base estimated at approximately 35.6 million.In terms of voice market and SMS market share Safaricom controls 69.2% and 92.2% respectively.Safaricom was formed in 1997 as a fully owned subsidiary of Telkom Kenya. In May 2000, Vodafone Group PLC of the United Kingdom acquired a 40% stake and management responsibility for the company. In 2008, the government offered 25% of its shares to the public through the Nairobi Securities Exchange.
Safaricom was ranked as Africa's Best Employer, 67th in the World by the Forbes Global 200 list of World's Best Employers. In March 2018, Safaricom was ranked as the #1 company to work for in the annual BrighterMonday Best 100 Companies to Work for in Kenya according to career professionals and job seekers.
As of 2020, Safaricom employed over 4,500 people permanently and over 1900 people on contract. 75 per cent of the company's employees were based in Nairobi, the Headquarters, with the remainder based in other big cities like Mombasa, Kisumu, Nakuru and Eldoret, in which it operates retail outlets. It has nationwide dealerships to ensure customers across the country have access to its products and services.
In November 2012, Safaricom partnered NCBA Bank and came up with a revolutionary banking product, M-Shwari, which allows M-Pesa customers to save and borrow money through mobile phone while earning interest on money saved tapping into an underdeveloped financial services market.Michael Joseph served as the founding CEO between July 2000 and November 2010. He transformed the telecom from a subscriber base of less than 20,000 to over 16.71 million during his previous tenure. In his last full year as CEO, Safaricom posted a 37 percent rise in pretax profit.Bob Collymore took over at Safaricom in November 2010, replacing Michael Joseph who currently sits in the telco giant’s board as the Chairman. Collymore oversaw the introduction into the market of various mobile money products that have given the company leverage among its competitors. Collymore was also been at the forefront in leading the charge against regulatory efforts to clip the company’s wings due to its size and dominance. After a two-year battle with cancer, Bob, the longest-serving executive died on July 1st 2019 leaving behind a company with doubled user base and profits increased by 380%, turning it into a $10.8billion. Michael was appointed as interim chief.
Peter Ndegwa was appointed as CEO on effective April 1st 2020
Habari zenu wanajamvi.! Nipo Dar nahitaji line ya Safaricom ili niweze kufungua account paypal nipokee malipo mtandaoni.
Kuna ambaye anauza hapa dar au wakala au namna yoyote ambayo mtu anafahamu anielekeze niweze kupata.
Natanguliza Shukrani zangu. 🙏
Safaricom inafanya mashirikiano na kampuni ya Apple kuiunganisha M-Pesa na PayPal ili kuongeza wigo wa shughuli za M-Pesa kimataifa.
Ruto asema wana nia ya kuzitumia fursa zilizoletwa na kampuni za Microsoft, Intel, IDM, Oracle na Google vizuri ili kuboresha uwezo wao katika mambo mbalimbali...
Kamouni ya Mawasiliano ya Simu ya Safaricom leo Alhamisi imezindua mtandao wa 5G Wi-Fi mbadala wa huduma za nyumbani na huduma ya 4G Wi-Fi.
Kampuni inalenga makazi na ofisi za biashara katika maeneo ambayo kwa sasa hayahudumiwi na mtandao wake wa Fibre.
======================
Safaricom will...
Abdi Zeila amefungua kesi ya madai dhidi ya kampuni hiyo ya Mawasiliano akiituhumu kufanya mabadiliko hayo kitendo kilichopelekea kutolewa fedha kupitia Benki ya NCBA bila ridhaa yake.
Zeila amesema wizi huo usingewezekana bila kuwepo mtu mwenye kibali cha kuifikia mifumo ya Taarifa Binafsi za...
Ethiopia Thursday morning on his first tour of the region since taking office.
President Ruto is also set to travel to Uganda and Tanzania. The agenda for the regional tour includes talks on business and political ties, according to a dispatch from State House.
On his arrival in Addis Ababa...
Safaricom Ethiopia has begun a large-scale customer pilot of its network in Dire Dawa, four months after it missed operational launch in the Horn of Africa nation.
The pilot in Ethiopia’s second biggest city after the capital Addis Ababa, with an estimated population of half a million, is part...
Telecoms operator Safaricom has doubled the price of SIM cards to reflect the impact of new taxes.
Consumers will from Friday pay Ksh.100 for a SIM card purchase from Ksh.50 previously following the introduction of a Ksh.50 excise duty on imported SIM cards through the 2022 Fianance Act...
Safaricom on Thursday announced that it will start commercial services in Ethiopia in August.
The company, part of the Vodafone group, has been under mounting pressure over its failure to meet previous launch target in April 2022.
At a press conference on Thursday in the Ethiopian capital...
Mpaka leo Voda wanahangaika hawajapata mkurungenzi wa kudumu, kila wanayemteua anageuza na kurudi kwao baada ya muda mfupi, na wameshindwa kumpata mwenye sifa za maana ndani ya Tanzania.
Walipomteua Mkenya ile awamu ya tano kwa zile chuki zao alikataliwa tena kwa makelele mengi.
Sasa kuna huyu...
Safaricom, the newest telecom operator in Ethiopia, has signed a five-year lease agreement with state-owned power utility to share dark fiber-optic infrastructure in the Horn of African nation, the first infrastructure deal with Ethiopia.
The agreement was signed between Mr Ashebir Balcha, CEO...
Safaricom is set to pay an interim dividend of Sh25.64 billion equivalent to Sh0.64 per share.
The dividend will be 42.44 percent higher or Sh7.64 billion more compared to a year earlier when it paid a first-ever interim dividend of Sh18 billion equivalent to Sh0.45 per share.
The telco said...
Safaricom has unveiled its first China-assembled data centre in Addis Ababa as it gears up to launch its commercial operations in Ethiopia.
Built for $100 million, the facility was deployed less than a year after the consortium led by Safaricom, South Africa's Vodacom and Japan's Sumitomo was...
by providing a policy framework, that can help a lot. Why do young people especially those who grew up in rural areas not attracted to pick up agriculture from their parents and advance it? Most of our farmers are small scale farmers that are ageing, not conversant with technology or...
Kenyan telecommunication company Safaricom continues its drive to diversify the revenue stream away from voice business by taking a stake in a gas company.
Safaricom’s latest annual report shows it bought a stake in UK firm Circle Gas Limited at Sh384 million ($3,585,079) last December, giving...
Kampuni mpya ya Safaricom itakayoitwa Safaricom Ethiopia, itatumia nambari ya simu ya 07..... ambayo inatumika hapa Kenya. Kila la kheri kwa Safaricom wanapoanzisha kampuni ya pili ya mawasiliano katika historia nzima ya Ethiopia.
Safaricom set to use 07 prefix for Ethiopia phones...
Wajameni najua wengine wataleta dhihaka hapa ila nahitaji masaada kwa ambaye ameweza kutumia laini ya Safaricom Kenya kwa minajili ya internet , inafanyaje , charges zake?
JamiiForums uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.