SAFARICOM PLC
Location
Founded
1997-01-26
Website
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.
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Recent Articles about SAFARICOM PLC
Live alerts from global media, monitored by Business Radar
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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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...
Read more
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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2024-09-05 (hapakenya.com)
M-PESA Foundation to pay Ksh. 6.4 Million in taxes as Tax Appeals Tribunal dismisses appeal
KRA contended that the payments made by M-PESA Foundation to Safaricom Plc were contractual management or professional fees.
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2024-08-28 (jedcamedia.com)
Family Bank Posts Sh2.2B Profit Before Tax In First Six Months Of 2024
August 28, 2024 Family Bank has posted Sh2.32 billion Profit Before Tax in the first six months of 2024 making 15.4% increase compared to same period in 2023.
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2024-06-28 (nouvelles-du-monde.com)
Kenyan President William Ruto says anti-tax protests were 'hijacked' and five people killed in crackdown
The finance bill aims to raise an additional $2.7 billion in taxes in the…
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2024-06-14 (eastleighvoice.co.ke)
Treasury reverses the excise duty hike on mobile money transfers
Safaricom had argued that raising the tax on mobile money transfers would undermine financial inclusion efforts and could potentially drive users towards black market money transfer services, thereby harming tax collection efforts.
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2024-06-08 (nation.africa)
Safaricom wants eTIMS out of M-Pesa transaction fees
Safaricom seeks changes to the Income Tax Act to exempt M-Pesa transaction fees.
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2024-05-22 (monitor.co.ug)
How airtime cards, and chasing away snakes, created magic
Last week in “Why Uganda tax needs the toilet paper fix”, we argued that, at the end of the day, it is not really a big deal if a tax is high or low. What is more important, is if the economy is good, and taxpayers are getting a bang for their buck.
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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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2024-04-05 (telcotitans.com)
Vodafonewatch Weekly: Phones 4u legal battle reignite, satcomms remain grounded, enforced M-PESA spin-out hits tax challenge
Latest from Vodafone and its partners, including revived legal wranglings in the UK over Phones 4u collusions claims, Vodafone-backed SpaceMobile still struggling to launch, Safaricom $0.5bn+ tax exposure complicating state-enforced divestment of M-PESA jewel. Plus much more...
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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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