Showing posts with label Safaricom. Show all posts
Showing posts with label Safaricom. Show all posts

Wednesday, May 26, 2010

Kenya’s Safaricom Reports $300Million Profit, Drives Data Growth in Africa

Sub-Saharan Africa remains the fastest growing mobile market in the world. External market expectations are that the Kenyan market penetration will increase to 65 percent over the next three to four years, a significant opportunity for future growth for mobile service providers in Kenya -- further boosting Kenya’s mobile service provider Safaricom's earnings which has reported a 37 percent rise in full-year pretax profit. READ MORE

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Thursday, May 20, 2010

Kenya’s Safaricom and Equity Bank Score another First

The Teyie Report| The partnership between a mobile firm and a bank in Kenya has revolutionized the global mobile banking industry. The new service dubbed ‘M-Kesho’ (Swahili for future money) will allow users to operate interest earning bank accounts in their cell phones. It is a first and will, indeed go, down history books as the most innovative financial product yet. READ MORE

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Friday, March 19, 2010

Michael Joseph of Safaricom highlights the promise—and peril—of doing business in Africa

When Mr Joseph arrived at Safaricom in 2000, the company had 20,000 customers. Mr Joseph arrived in Kenya in 2000 having spent a freezing winter in Hungary, where he had set up that country’s third mobile-phone network. He quickly decided to go after “pay as you go” customers, who pay for mobile airtime in advance, and therefore....READ MORE on Teyie.com

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