Saturday, April 27

Telcos

Safaricom Ethiopia
  • Safaricom targets a customer base of at least 10 million across 25 cities in the next year.
  • Since Safaricom Ethiopia switched on its mobile telecommunications network, it has grown coverage from an initial 11 to 22 cities.
  • Safaricom Ethiopia is building a wholly-owned mobile network and also has infrastructure sharing deal with state-owned Ethio Telecom.

Safaricom is now targeting a customer base of at least 10 million in Ethiopia in the next one year. The move is tailored to shake up the country’s telecommunication industry. Latest developments follows huge investments in the country, with cash transfer service M-PESA now on the table.

Since Safaricom Telecommunications Ethiopia switched on its mobile telecommunications network and services in Addis Ababa in October last year, major inroads have been made in the second-most populous country in Africa.

It has grown coverage from an initial 11 cities when it launched to 22. The telco with …

Read More
chatgtp 1
  • Kenyan workers were paid less than $2 to make ChatGPT less toxic, a new investigation by Time Magazine has revealed. 
  • OpenAI hired an outsourcing firm Sama who tasked workers to help build a filter system that would make ChatGPT suitable for everyday use with workers taking home an exploitive wage of between around $1.32 and $2 per hour depending on seniority and performance,
  • Time reports that the workers were forced to read graphic detail like child sexual abuse, beastiality, murder, suicide, torture, self harm, and incest.

It has now emerged that Kenyan workers were paid less than $2 to make ChatGPT less toxic, a new investigation by Time Magazine has revealed. 

According to the investigation, OpenAI hired an outsourcing firm Sama who tasked workers to help build a filter system that would make ChatGPT suitable for everyday use with workers taking home an exploitative wage of between around $1.32 and

ngumi three
  • Safaricom Limited Chairman John Ngumi has resigned as the Chairman of the board effective 22nd December 2022 six months after his appointment. 
  • Ngumi leaves the Board to focus on developing green energy generation across Africa with an emphasis on green hydrogen. 
  • The company has also appointed veteran lawyer Adil Arshed Khawaja as a director of the board, effective 22nd December 2022. 

Safaricom Limited Chairman John Ngumi has resigned as the Chairman of the board effective 22nd December 2022, six months after his appointment. 

Safaricom Company Secretary Kathryne Maundu says Ngumi leaves the Board to focus on developing green energy generation across Africa with an emphasis on green hydrogen. 

“We take this opportunity to thank John for his service, dedication, sound advice and commitment to the Company. The Board wishes him the very best for the future,” Maundu said in a public notice released on Friday.

She says in the brief

Safaricom has marked 19 years since the company launched by unveiling a new strategy and renewed its commitment to its customers.

Kenya’s leading telecommunication company-Safaricom on Wednesday marked 19 years since the company launched.

During the celebrations, the Nairobi Securities Exchange (NSE) listed telco unveiled a new strategy and renewed its commitment to its customers.

Under the new structure, Safaricom is committing to be ‘simple, transparent and honest’ across all its products and operations.

READ ALSO:Majority of Kenya’s job-seekers dream of working at Safaricom

As part of its efforts to simplify its products, the company has unveiled a new data plan, and a new calling and SMS plan that will respectively offer data bundles and calling minutes with no expiry.

Both data bundles, calls and SMS with no expiry are immediately available on *544#

“Over the last 19 years, we have come a long way together with our customers. As we celebrate our anniversary, it is a unique opportunity to reevaluate our operations to ensure that we remain relevant to …

Tanzania’s smartphone’s network—Airtel Tanzania, has ushered a new mobile money service branded “Send With a withdraw fee”, emerging with a rather customized competitive advantage within the growing mobile money industry in Tanzania.

According to Tanzania Communications Authority (TCRA) June quarterly statistics, there are over 22.9 million mobile money accounts in Tanzania, responsible for around 260 million mobile money transactions.

Further, TCRA report shows that, there are over 43 million telcom subscribers, while Airtel Tanzania owns 26 per cent of the market share (over 11 million subscribers) and 18 per cent of the mobile money share.

The service which was launched on October 16, will enable Airtel Money customers in Tanzania, to send money to their counterparts differently compared to other networks, this time—all transactions will be executed with a built-in calculated sending fee, unequivocally offering a seamless service necessary for a mobile money take over, as elaborated by …

Sustainable development can’t be realized in Tanzania without a healthy population, that’s why the health sector has acquired a rather vital financial support from its development partner Germany to ameliorate, Information and Communications Technology (ICT) within the National Health Insurance Fund (NHIF) parameters.

According to a report by The Citizen, the grant was signed on 16th October, at Ministry of Finance’s premises in commercial city—Dar es Salaam, witnessed by ministry’s Permanent Secretary, Dotto James and Acting Germany Ambassador Jorg Herrera.

The grant comes at the time when insurance services are slated for adoption by the insurance industry in Tanzania. Per ministry of health records, more than 2 million households have been reached by the Tanzanian Community Health Fund (CHF), and more than 12.5 million beneficiaries, equivalent to 25 percent of the entire population in Tanzania.

READ: Tanzania focus on maternal health bears fruits as mortality drops

Patently, the grant …

The Southern African Development Community (SADC) envisions to create a region with an industrial complex driven economy, but also a excel in utilizing the telecommunication potential for a unique African development success story.

The SADC region which hosts more than 345 million people, took its 2019 high-end summit and meetings to Tanzania—one of the populous, fast-growing economy and trader, member state in the region.

Member states conversed on industrializing Africa on inclusive fast-growing sustainable grounds while, including intra-regional trade, but also ICT, information, transport, and meteorology.

In this context, the ICT, information, transport and meteorology member states meeting brought forth , rather essential aspects, that might stimulate the region’s economic strategies.

The meeting was hosted by the government of the United Republic of Tanzania and was attended by ministers (or their representatives) from Angola, Botswana, Eswatini, Lesotho, Malawi, Mauritius, Mozambique, Namibia, South Africa, United Republic of Tanzania, Zambia and Zimbabwe.…

Vodacom Tanzania Plc – the leading and fastest mobile data network in Tanzania, has recently paid its equity shareholders $23.7 million in dividends.

The payout, in other words, came out rather delightful, due to salient features from the telecom company’s annual reports, showing a $39.1 million annual (end of the year) net profit increase.

Vodacom Tanzania became the first telecom company in Tanzania to get listed in Tanzania’s stock-exchange (Dar es Salaam Stock Exchange -DSE) on August 15th 2017.

According to Vodacom Tanzania, which has over 14 million subscribers, 32.4 per cent of market share and 38.6 per cent of mobile money share, the respective profit was fetched from a significant increase in service revenue which reached $442.9 million, alleviated by firm growth of mobile money, mobile data and messaging services.

And yet, Vodacom Tanzania preliminary report (2019) show, an increase of 1.2 million customers (9.6 per cent increase), …

LB Investment
Subscribe to Our Newsletter

STAY INFORMED

Unlock Business Wisdom - Join The Exchange Africa's Newsletter for Expert African Business Insights!

Stay ahead of the game with our weekly African business Newsletter
Recieve Expert analysis, commentary and Insights into the enviroment which can help you make informed decisions.