Safaricom has explained how customers can reverse airtime bought accidentally from their M-PESA wallets, including cases where part of the airtime has already been used. The clarification comes after Kenyans raised concerns about mistakenly purchasing large amounts of airtime when they intended to send money through M-PESA. One customer contacted Safaricom on X after her
The Vodacom Group, South Africa’s telecommunications group, has formally assumed majority ownership of Safaricom after buying out a stake worth Ksh 244.5 billion ($2.1 billion), taking its effective ownership to 55%, the largest ownership change in the telecommunications giant’s history. The acquisition transaction, which took place on June 30, 2026, was preceded by months of
M-PESA, Safaricom’s flagship mobile money platform, is now processing approximately Ksh 100 billion every single day. The platform is also handling more than 500 million transactions daily, powered by an upgraded system capable of processing up to 10,000 transactions per second. Safaricom CEO Peter Ndegwa disclosed during the Connected Africa Summit held in Nairobi, where
Popular Posts
