Safaricom shrugs virus concerns to declare Ksh.18B shareholder pay

By Kepha Muiruri,

Leading telecom operator Safaricom has shrugged off virus concerns on operations to approve a Ksh.18.03 billion half year dividend pay out to sharehol...

coronavirus , Safaricom

Mighty Salim among top Google search trends for Kenyans in January

By Citizen Reporter,

Google search trends in January reveal that the deaths of renowned ‘Mugithi’ musician Mighty Salim and American television and radio host Larry Ki...

google search , killing eve , Mighty Salim , mugithi , warunge

Safaricom reduces M-Pesa transaction charges by nearly half

By Kepha Muiruri,

Leading telco operator Safaricom has trimmed M-Pesa transfer costs by up to 45 per cent ahead of the end of the waiver on free cash transfers below Ks...

M-pesa , Peter Ndegwa , Safaricom

End of free mobile-money transfers dims light for cashless economy

By Kepha Muiruri,

The end of free mobile-money transfers below Ksh.1000 which comes into effect on January 1, 2021 has dimmed the quest for a cashless economy. This ...

CBK , M-pesa , mobile money

CBK announces end of free mobile-money transfers

By Citizen Reporter,

The waiver of fees on mobile-money transfers below Ksh. 1,000 is to cease from January 1, the Central Bank of Kenya has said. Also Read: Mobile mon...

Airtel Money , CBK , coronavirus , M-pesa , Mobile Money transfers

Morocco says Covid-19 vaccine will be free to all citizens

By Reuters,

Morocco’s King Mohammed VI ordered that all Moroccans should receive a coronavirus vaccine for free, the Royal palace said on Tuesday. Morocco plan...

coronavirus , Morocco

Investors in publicly listed firms at NSE set for barren dividends season

By Kepha Muiruri,

Investors in publicly listed firms at the Nairobi Securities Exchange (NSE) are set for barren dividends returns for the year as companies continue to...

dividends , nse , profits

‘Corona ikianza tulikuwa na kazi, lakini sasa hatuna’: Why Albert Otieno and Beatrice Mbendo now depend on social protection

By Rachel Ombaka,

Albert Otieno, 32, lives with his mother, two children and a cousin in Kayole, one of Nairobi County's most densely populated estates. Also Read: T...

coronavirus , Oxfam

Free cash transfers take Ksh.6billion from Safaricom’s M-Pesa purse

By Kepha Muiruri,

The roll out of free mobile money transactions has punched a Ksh.6.1 billion revenue hole in Safaricom's M-Pesa service in six months to September 30....

coronavirus , free cash transfers , M-pesa , Safaricom

Safaricom half-year profit falls for the first time since 2012

By Kepha Muiruri,

Leading telco operator Safaricom PLC has reported a reduced Ksh.33 billion half year profit representing a six percent slide in earnings from Ksh.35.2...

M-pesa , Peter Ndegwa , Safaricom

Free mobile cash transfers to eat into Safaricom’s profit cake

By Kepha Muiruri,

Free mobile money transfers below Ksh.1000 implemented in mid-March are expected to curve a part of Safaricom’s profit when the company publishes it...

Central Bank of Kenya (CBK) , M-pesa , Safaricom

OPINION: Women facing domestic violence during COVID-19 need access to safety now more than ever

By Guest Writer,

By Christine Ogutu and Wangu Kanja “My husband beat me up and threw me out into the streets in the wee hours of the night with my two children,�...

coronavirus , domestic violence , GBV

Safaricom projects Ksh.19B hit to M-Pesa revenues

By Kepha Muiruri,

Giant telco operator Safaricom expects to lose a total of Ksh.19 billion from its mobile-money service M-Pesa following the waiver of fees on transact...

M-pesa , Safaricom

CBK extends free mobile money transactions below Ksh.1000 for the rest of 2020

By Kepha Muiruri,

Kenyans will continue enjoying free mobile money transactions below Ksh.1000 for the rest of the year. This follows the Central Bank of Kenya (CBK)...

Central Bank of Kenya (CBK) , coronavirus , mobile money

Meet the man serving Kenyans with free mobile money transactions

By Kepha Muiruri,

Tekwane Mwendwa is the founder and current operations manager at Asilimia Kenya, an application freeing up fees on all mobile money transactions. T...

Asilimia , mobile money , Tekwane Mwendwa

List of Safaricom services that will be unavailable on Sunday morning

By Citizen Reporter,

Safaricom has announced that some of its services will be unavailable on Sunday morning. The telecommunications company said this is because of sys...

mpesa , Safaricom

Court freezes accounts of companies Sonko allegedly used to steal county funds

By Dzuya Walter,

High Court judge Mumbi Ngugi has issued orders freezing accounts of two companies that the Assets and Recovery Agency alleges were conduits used by Go...

Hardy Enterprises , Mike Sonko , Toddy Civil Engineering Company Limited

Gov’t burdens economy with Ksh.201 billion pending bills

By Kepha Muiruri,

The government has seemingly failed in its role as an enabler of growth in the economy as it saddles businesses with Ksh.201.2 billion in unpaid dues....

Kenyan economy , National Treasury , NPLs , pending bills

China, U.S. to hold more trade talks as Trump ratchets up tariff threat

By Reuters,

China and the United States have agreed to hold more trade talks in Beijing, Vice Premier Liu He said, as U.S. President Donald Trump ordered his trad...

Budget 2017/2018: Biggest Winners and Losers

By Wangui Ngechu,

Kenyans can now breathe a sigh or relief after the government announced a zero-rate tax on bread and maize flour. This comes amid complaints from a...

bread , budget , Cost Of Living , maize flour , National Assembly , Sh2.6 trillion , tax exempt , Treasury Cabinet Secretary Henry Rotich