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Safaricom

30 April 2020

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Safaricom loses Sh1.9 billion due to ban on Betting

Written by on 30 April 2020

Mobile service provider Safaricom lost Sh1.9 billion in revenues after the government banned sports betting last year. This comes even as the company made Sh84 billion from M-Pesa in the 2019/2020 financial year. This is against another Sh600 million revenue loss due to a waiver of sending charges on transaction amounts of less than Sh1,000. […]

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2 April 2020

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Peter Ndegwa, first Kenyan CEO for Safaricom

Written by on 2 April 2020

Peter Ndegwa is set to take over as Chief Executive Officer at Safaricom. He is to succeed Bob Collymore, who died of cancer on July 1, 2019, making him the first Kenyan CEO to run the company. Ndegwa is taking over from founding CEO Michael Joseph, who has been holding the position in acting capacity […]

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