Browsing: Safaricom

• The telco sustained 190,273 direct and indirect jobs during the year
• Safaricom registered its first decline in full year profit in nine years, in the year ended March 2021
• The report seeks to illustrate how Safaricom is using a sustainable business model to address society’s needs

Safaricom’s latest sustainable business report indicates that the company created a total value of Sh664 billion for the Kenyan society in the 2020/2021 financial year, which is ten times greater than the profit made during the year.

According to the report’s ‘True Earnings’ highlights, the firm contributed Sh557.1 billion to the economy in the financial year, which is 5.2% of Kenya’s Gross Domestic Product (GDP).

The independent analysis of Safaricom’s true value to society identifies the socio-economic and environmental impacts of the company and quantifies them in financial terms.

“Our Sustainable Business report, which covers our last fiscal year from 1st  April 2020 to …

Kenya’s National Cereals and Produce Board has signed a Memorandum of Understanding (MOU) with Safaricom’s DigiFarm Kenya Ltd to help small-scale farmers in Kenya access post-harvest management services through the digital platform. 

The MoU comes at a time when a new survey has indicated that African farmers are missing out on agritech innovations that could supercharge the sector with opportunities for youth.

The board said it shall offer post-harvest management services to farmers present on the platform, while DigiFarm will connect NCPB to small-scale farmers, who will in turn, access NCPB services at prevailing rates.

DifiFarm bypasses middlemen, giving small-holder farmers direct access to low-cost seeds and fertiliser, credit providers, and bulk purchasers of their produce.

NCPB Managing Director J. Kimote said the MoU is aligned to the agriculture hub model that the board is required to establish under the Reforms.

“The hub shall provide a one-stop shop for farmers …

Africa’s healthcare sector is on the verge of digital transformation.

This is according to a policy paper that indicates that while governments are accelerating formal digital health strategies, 41 out of 54 African countries have a digital health strategy in place.

Vodacom’s e-health policy paper also finds that consumers are dramatically increasing their engagement with digital health services via their smartphones. Official data forecasts that by 2025, smartphone reach in sub-Saharan Africa will increase by almost 70 percent.

The policy paper indicates that as a result of increased smartphone reach, informal use of digital healthcare solutions has increased, with 41 percent of internet users across Africa regularly using their mobile phones to search for health information.

Overall, the policy paper notes that there has been an exponential rise in the number of people engaging with digital health services through their smartphones, creating vast potential for countries to deliver access to …

NAIROBI, Kenya, Jun 9 – East and Central Africa’s most profitable company Safaricom will help transform Ethiopia by positively impacting most sectors of the 112 million population economy.

This is according to Kenya’s President Uhuru Kenyatta who says the Kenyan telco’s entry into Ethiopia will help the economy make even greater strides in its areas of strength.

These include digital presence, mobile money, telephony, data and fibre connectivity, and business solutions among others.

Kenyatta spoke on Tuesday in Addis Ababa during the issuance of an operation license to the Safaricom led Global Partnership for Ethiopia consortium which won a Sh91.8 billion bid to operate in the country.

The licences are expected to bring an infusion of cash, jobs and infrastructure investment.

The consortium won a 15-year license in a competitive bidding process making it the first private telecoms player in the country.

It brings together Kenya’s Safaricom, South Africa’s Vodacom, …

As the initial cases of Coronavirus were bubbling under in China, a special event was happening in a Nairobi hotel. Safaricom, the biggest telco is the East African region was signing a deal that would allow South Korean telco Korean Telcom (KT) to introduce an epidemiological tracing technology in Kenya.

The two entities joined together with the Ministry of Health to launch disease surveillance and awareness project that will enhance the country’s epidemic preparedness and control.  Safiri Smart is part of Korea Telecom’s Global Epidemic Prevention Project and is aimed at helping the Ministry of Health prevent the transmission of infectious diseases such as Ebola from entering Kenya.

“This solution will see Safaricom subscribers who opt into the service receive important information about any epidemics that have broken out at their travel destination including prevention, measures, and symptoms. Such partnerships that help keep our communities safe are crucial in our …

Uganda Revenue Authority assistant commissioner IT James Kizza is the winner of the East Africa CIO of the Year Award 2019.

He has been recognized for his “crucial role” in the trail-blazing digital development of the URA.

READ ALSO:Uganda Revenue Authority(URA) disagrees with importers over payment method

According to the judges, the role of the chief information officer (CIO) continues to evolve at a breakneck pace, and only those executives who advance in lockstep will enjoy prolonged success and better the enterprises that they dedicate their energies to serve.

The 2019 East Africa CIO100 jury led by Professor Louis Fourie, former VC at the Western Cape Peninsula University of Technology, flanked by Alex Ntale CEO – Rwanda ICT Chamber, Bill Sangiwa, Digital Transformation Expert in Tanzania, Charles Musisi, a senior ICT expert in Uganda and Elizabeth Ochieng, ICT director- Deloitte appreciated the high level of submissions for the 2019 …

Amazon Web Services, Inc. (AWS), an Amazon.com company has announced  that it is launching an Amazon CloudFront Edge location in Kenya, which is expected to be operational in early 2020.

Amazon CloudFront is a highly secure and highly available Content Delivery Network (CDN) that accelerates the delivery of applications, data, and videos to users worldwide, with high transfer speeds.

READ ALSO:Kenya Space Agency intensifies use of science to curb drought

Kenya is the latest country to be connected to AWS’s global infrastructure network, which is designed and built to deliver the most flexible, reliable, scalable, and secure cloud computing environment with the highest quality network performance available today.

Customers across all industries in Kenya are benefitting from the flexibility, scalability, and security of the AWS cloud.

The improved and faster user experience, with local Amazon CloudFront infrastructure, will help in driving the development of even more web applications across …

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 …