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

Safaricom petitions Parliament for exemption from electronic tax invoices on M-Pesa fees

2025-01-11 (eastleighvoice.co.ke)

Safaricom petitions Parliament for exemption from electronic tax invoices on M-Pesa fees

The company revealed that the M-Pesa platform handles approximately 200 million transactions per month, a volume that has overwhelmed its systems as well as tho...

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Safaricom petitions Parliament for exemption from electronic tax invoices on M-Pesa fees

2024-11-26 (eastleighvoice.co.ke)

Safaricom petitions Parliament for exemption from electronic tax invoices on M-Pesa fees

The company revealed that the M-Pesa platform handles approximately 200 million transactions per month, a volume that has overwhelmed its systems as well as tho...

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Why paybill tax will drive nail in Safaricom casket

2024-10-10 (nairobilawmonthly.com)

Why paybill tax will drive nail in Safaricom casket

Safaricom stands to be the biggest loser should the Government implement the controversial proposal to turn till and paybill numbers into electronic tax registers.

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Ksh75 billion tax stalls M-Pesa's split from Safaricom

2024-04-06 (ippmedia.com)

Ksh75 billion tax stalls M-Pesa's split from Safaricom

KENYA’S plan to split Safaricom from its dominant mobile money unit, M-Pesa, has stalled on the significant tax cost to the company.

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Revealed: Sh75 billion tax stalls M-Pesa's split from Safaricom

2024-04-05 (standardmedia.co.ke)

Revealed: Sh75 billion tax stalls M-Pesa's split from Safaricom

Telco has been under pressure to separate its lucrative mobile money unit from its telecoms business. With its huge payment transactions, M-Pesa already gives considerable competition to banks.

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CBK says M-Pesa delinkage from Safaricom still on despite Sh75bn tax liability

2024-04-04 (capitalfm.co.ke)

CBK says M-Pesa delinkage from Safaricom still on despite Sh75bn tax liability

NAIROBI, Kenya, April 4 - Central Bank of Kenya (CBK) Governor Kamau Thugge says that the delinkage of Safaricom from M-Pesa faces a tax liability hurdle Kenya breaking news | Kenya news today |

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Kenyan lawmakers move to regulate, tax cryptocurrencies

2023-12-07 (intellinews.com)

Kenyan lawmakers move to regulate, tax cryptocurrencies

Law to regulate, tax cryptocurrencies

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Consider subsidy for Kenya-made phone

2023-10-31 (businessdailyafrica.com)

Consider subsidy for Kenya-made phone

The government should offer a subsidy or tax exemption to the Safaricom-led consortium that is assembling smartphones.

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Mobile snub by traders calls for tax policy audit

2023-10-18 (businessdailyafrica.com)

Mobile snub by traders calls for tax policy audit

The pain of the tax squeeze on businesses seems to finally manifest.

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In Kitarambwa, Safaricom responded to a customer who wanted to call a 'reverse rent deal'

2023-05-14 (tuko.co.ke)

In Kitarambwa, Safaricom responded to a customer who wanted to call a 'reverse rent deal'

Kenyans are happy with Safaricom's response after a customer submitted a funny request to the company to help him reverse the tax money he sent.

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Homa Bay tax collection halted, workers to be paid using cheques

2023-02-15 (standardmedia.co.ke)

Homa Bay tax collection halted, workers to be paid using cheques

Homa Bay tax collection halted, workers to be paid using cheques

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Ruto's allies demand audit of Kenyatta-owned companies over tax evasion

2023-02-01 (tuko.co.ke)

Ruto's allies demand audit of Kenyatta-owned companies over tax evasion

President William Ruto's allies are now asking to review three companies owned by the Kenyattas as the fresh war between the head of state and his predecessor .

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