A social interaction between Safaricom PLC and one of its clients has sparked discussions about the ownership and usage of Bonga Points, following the telecom giant’s justification for the deduction of Bonga Points from a client’s account to settle an outstanding Okoa Jahazi debt. The controversy came up after Movin Amboka took to LinkedIn to
Vodacom Group has completed the acquisition of an additional 20% effective stake in Safaricom PLC, increasing its ownership in Kenya’s leading telecommunications company to approximately 55% and taking control of the business. The South African telecommunications giant confirmed that the transaction, valued at $2.1 billion (about R35 billion and approximately Ksh 272.4 billion), has been
A new study on Safaricom’s Pochi la Biashara reveals that Kenyan female micro-entrepreneurs are using technology to improve business management, increase savings, and better control their finances. The study found that separating business finances from personal money has helped women track income, reinvest in their enterprises, and make more deliberate spending decisions. The report shows that
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