Safaricom PLC (NSE: SCOM) Home Fibre is now inclusive of mobile data, calls and a preferential home insurance cover in a new partnership with Jubilee Insurance. This means customers will not be required to compile an inventory of their household goods to benefit from the policy. “This partnership with Safaricom is just the beginning and we will continue to disrupt the industry so as to reach more people with our insurance solutions so they can live free,” said Winnie Njau, General Manager – General Insurance Business, Jubilee Insurance. Read: Five Kenyan Stocks To Watch Out For In The Insurance Sector Equally,…
Author: David Indeje
David Indeje
David Indeje serves as the community engagement editor at Khusoko, a digital platform covering East African business news. He manages editorial content, engages audiences, and amplifies diverse voices while consulting on digital strategy for brands in agriculture, governance, technology, and health. Indeje explores AI’s impact on journalism and works as a communications officer at KICTANet.
Safaricom Plc has launched M-PESA Global, a first-of-its-kind service that allows all M-PESA customers to send money to virtually anyone worldwide. This can be done through various channels, including direct transfers into bank accounts and pick-ups at over 500,000 Western Union agent locations. M-PESA Global enables customers to make and receive payments from over 200 million PayPal customers across 200 global markets. According to Safaricom’s Chief Financial Services Officer, Sitoyo Lopokoiyit, M-PESA Global aims to connect Kenyans to global opportunities by facilitating seamless transactions between Kenyans and the rest of the world. Sylvia Mulinge stated during the launch that M-PESA…
Kenyan business people and students traveling to South Africa has been made easy with the removal of short-term Visa requirements. Kenyans will now be issued with multiple entry visas valid for up to 10 years. Frequent travelers will be eligible for 3-year multiple entry visas starting December 1, 2018. Government officials traveling on official business to South Africa will be granted three months free visa with immediate effect. The country agreed to ease visa application rules and entry conditions for the above categories following deliberations between Interior Cabinet Secretary Fred Matiang’i and South Africa Home Affairs Minister Malusi Gigaba in…
Safaricom PLC has appointed Ms. Sylvia Mulinge as its Chief Customer Officer (CCO), charged with bringing together key customer-facing functions. “Sylvia will be responsible for leading Safaricom’s customer obsession and will be in charge of consumer business, sales operations, customer care service, brand marketing & experience, digital and market development,” said Mr Bob Collymore, Safaricom chief executive. Until then, Mulinge was serving as the telco’s director in charge of special projects at Safaricom. Other changes effected by the Safaricom boss include the confirmation of Mr. Charles Wanjohi as the direct consumer business unit. Chief Special projects officer, Joseph Ogutu, will…
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We like being ahead of GDP growth, it’s the first time we’re not in double-digit growth, but at the bottom line, on EBITDA its good. We only guide on EBIT and CAPEX,” Bob Collymore, Safaricom CEO. Safaricom Plc (NSE: SCOM) has recorded a 20.2 percent growth in net profit to Ksh 31.5 billion for the six months ended September 30 (2018/2019) on the back of a strong performance in mobile money M-Pesa and data. “I’m pleased with the progress we made on a number of fronts in the first half of the year. We achieved solid results driven by strong…