Safaricom PLC has announced the departure of its M-PESA Managing Director, Sitoyo Lopokoiyi, after a 15-year tenure with the company. In a statement dated Tuesday, February 10, 2026, the telecommunications giant said Lopokoiyi will leave his role on March 31, 2026, to take up a new position outside Vodacom, Safaricom’s parent company. “I would like
The Capital Markets Authority (CMA) has licensed two intermediary service platform providers and a dealing online forex broker. In a public notice released on December 22nd, 2025, CMA announced the approval of Safaricom PLC, Airtel Money Kenya Limited to operate as Intermediary Service Platform Providers (ISPPs). CMA also said they licensed Kenya Securities Limited to
Treasury Cabinet Secretary, John Mbadi, has defended the government’s plan to sell part of its Safaricom shares, saying the move is aimed at unlocking resources for long-term national infrastructure projects rather than filling budget gaps. “We are at a point in this country where we still need infrastructural development. That’s a fact,” Mbadi said, insisting
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