SAFARICOM PLC

Location

Founded

1997-01-26

Risk Signals

3273 news mentions monitored

Industry Context

This company is tracked across risk categories, including those related to its sector (e.g., Telephone Communications, Except Radiotelephone, Communications Services, Not Elsewhere Classified, Miscellaneous Retail Stores, Not Elsewhere Classified, Business Consulting Services, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.

Recent Articles about SAFARICOM PLC

Live alerts from global media, monitored by Business Radar

DCI seeks to detain police officer over colleague's murder for 14 days -

2025-03-05 (k24.digital)

DCI seeks to detain police officer over colleague's murder for 14 days -

The Directorate of Criminal Investigations (DCI) is seeking to detain Ezekiel Kipkoech Tarus at the Ruaraka Police Station

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Police officer in murder of his colleague detained for seven days pending probe -

2025-03-04 (kahawatungu.com)

Police officer in murder of his colleague detained for seven days pending probe -

A Nairobi court Tuesday ordered a police officer arrested for the killing of his colleague be detained at Ruaraka police station for seven days pending completion of investigations. The Directorate of Criminal Investigations had through a miscellaneous application sought to detain Police Constable Kipkoech Tarus for 14 days. Tarus, an officer attached to the VIP

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Monday Stories: Digitalization on the Fast Track |

2025-01-22 (stockmarket.et)

Monday Stories: Digitalization on the Fast Track |

IMF disburses $248M to Ethiopia under the ECF program. Wegagen Bank launches E-Birr wallet; Dashen Bank debuts a Super App.

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Concerns Raised Over Central Bank of Kenya’s Proposed Fast Payment System |

2025-01-17 (newsghana.com.gh)

Concerns Raised Over Central Bank of Kenya’s Proposed Fast Payment System |

Safaricom and Kenyan commercial banks are voicing strong concerns over the Central Bank of Kenya’s (CBK) proposal to create a Fast Payment System (FPS), a project estimated to cost $200 million and take up to four years to implement. While the FPS aims to enhance interoperability across payment platforms and…

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Top 20 CEOs Across All Sectors Crafting A Better Kenya Everyday For Us All

2024-11-14 (sokodirectory.com)

Top 20 CEOs Across All Sectors Crafting A Better Kenya Everyday For Us All

In a dynamic economy like Kenya's, leadership at the highest levels has a profound impact on both corporate growth and national development.

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Safaricom Takes KSh 17b Hit as Ethiopian Birr Continues to Weaken

2024-11-07 (tuko.co.ke)

Safaricom Takes KSh 17b Hit as Ethiopian Birr Continues to Weaken

Safaricom has reported a significant financial setback as it grapples with a KSh 17 billion hit due to the depreciation of the Ethiopian birr against the US dollar.

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Safaricom trims forecast on Ethiopia's birr depreciation

2024-11-07 (reuters.com)

Safaricom trims forecast on Ethiopia's birr depreciation

Kenya's biggest telecoms operator, Safaricom , lowered its full-year earnings guidance on Thursday, after reporting a sharp fall in net income due to the depreciation of Ethiopia's birr currency.

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Ethiopia’s Digital Economy to Contribute ETB 1.3 trillion to GDP by 2028, Unlocking Jobs and Growth through Telecom and Policy Reforms

2024-10-28 (technologyforyou.org)

Ethiopia’s Digital Economy to Contribute ETB 1.3 trillion to GDP by 2028, Unlocking Jobs and Growth through Telecom and Policy Reforms

Ethiopia’s digital economy could add over ETB 1.3 trillion to GDP by 2028, according to the GSMA’s new report, ‘Digital Economy Ethiopia Report: Opportunities, policy reforms and the role of mobile‘. The report highlights how telecom reforms and investments in mobile technology are catalysing growth

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Ethiopia’s Digital Economy Poised to Add ETB 1.3 Trillion to GDP by 2028, GSMA Report Reveals

2024-10-24 (techafricanews.com)

Ethiopia’s Digital Economy Poised to Add ETB 1.3 Trillion to GDP by 2028, GSMA Report Reveals

Ethiopia's digital economy could add ETB 1.3 trillion to GDP by 2028, driving growth in agriculture, manufacturing, and public services.

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Safaricom Ethiopia Lauded for its Contributions to Ethiopian Economy

2024-10-15 (techafricanews.com)

Safaricom Ethiopia Lauded for its Contributions to Ethiopian Economy

Safaricom Ethiopia's CEO receives award from Prime Minister Abiy Ahmed for the company's consistent tax contributions to Ethiopia's economy.

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Ethiopia Currency Drop Distances Safaricom’s Break-Even Target

2024-08-15 (norvanreports.com)

Ethiopia Currency Drop Distances Safaricom’s Break-Even Target

Ethiopia Currency Drop Distances Safaricom’s Break-Even Target East Africa’s biggest company by market value may take longer to break even

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Is Safaricom’s M-Pesa ready and able to go it alone?

2024-05-03 (african.business)

Is Safaricom’s M-Pesa ready and able to go it alone?

An enormous tax liability stands in the way of the Central Bank of Kenya's bid to separate Africa's most successful mobile money service from its telecoms parent.

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