Bob Collymore News

Rita Okuthe, Director of Enterprise Business, Safaricom

Safaricom Sees Amazon as Model for Kenya E-Commerce Platform

Safaricom Ltd. of Kenya plans to introduce an e-commerce platform within eight months targeting formal retail and informal online trading in East Africa’s biggest economy.

M-Pesa

M-Pesa, Safaricom, Kenya regulators and Vodacom could be about to open up mobile money in Africa

M-Pesa, the mobile money system that is the pride and anchor of Kenya’s homegrown technology community, has had plenty of hype and excitement since its 2007 launch.

Bob Collymore, CEO, Safaricom

Vodafone slams proposed split of Kenya's M-PESA as 'ridiculous'

Safaricom Ltd, East Africa’s biggest mobile-phone company, would have to reconsider future investment in Kenya if proposals to break up the company are implemented.

A Jumia office: In 2016, Jumia became Africa's first "Unicorn". Credit: qz.com/Reuters/Akintunde Akinleye

Here's what could happen if Africa's top mobile operators and start-ups work together

Telecom operators across the African continent continue to face significant risks when it comes to revenue growth.

Bob Collymore, CEO, Safaricom

Safaricom in talks with five firms on M-PESA's future

Mobile service provider Safaricom has announced that it is in discussions with five companies to broaden the availability of M-PESA services.

Kenya's Little Cab app is set to take on Uber in Uganda and Nigeria

Safaricom's Little Cab, Kenya's Uber rival, is launching in Nigeria and Uganda

Little Cab, the ride-hailing app backed by telecoms operator Safaricom, is slowly giving Uber a run for its money in Kenya.

James Mwangi, CEO, Equity Bank (L); James Mworia, CEO, Centum Investment Group; Bob Collymore, CEO, Safaricom

Centum's James Mworia beats Mwangi, Collymore as Kenya's best paid CEO

James Mworia, Centum Investment Group’s Chief Executive, is corporate Kenya’s best paid CEO with an annual compensation of Sh201.1 million (Approximately $2 million).

Bob Collymore (Right), CEO, Safaricom. Safaricom launched Uber rival Little Cabs earlier this month. Credit: techcrunch.com

In Kenya, Safaricom's Little Cabs app goes head to head with Uber

Even as a deal is imminent between Uber and its closest competitor Didi Chuxing in the immense Chinese market, competition in ride-sharing continues to intensify around the globe.

M-PESA customers will soon be able to use debit cards for quicker transactions. Credit: Reuters/Thomas Mukoya/qz.com

Safaricom's M-PESA is getting its own debit card to compete with banks

Safaricom, parent of the M-PESA mobile money platform, is eyeing a piece of the $13.5 billion in annual transactions in Kenya’s payment cards industry with a new debit card.

With Kenya's Safaricom, Uber will face a rival it won't be able to beat so easily

With Kenya's Safaricom, Uber will face a rival it won't be able to beat so easily

In Africa, local taxi companies and startups have been working hard to compete with Uber but the ride hailing company has managed to outmaneuver most of them.

Kenya's Safaricom to launch local rival to Uber.

Little Cabs: Kenya's Safaricom to launch local rival to Uber

Kenya’s biggest telecoms company Safaricom is joining up with a local software firm to launch a ride-hailing company to take on Uber as it seeks new sources of revenue, its CEO said.

Safaricom's M-PESA

The battle between Africa's mobile phone companies and banks is a boon for financial inclusion

Another week and another bank in Africa is entering the mobile money space.

James Mwangi, CEO, Equity Bank

Kenya's Equity Bank starts mobile money service Equitel to challenge Safaricom

Kenya’s Equity Bank said it would press ahead with offering mobile phone transfer services, stepping up competition to telecoms firm Safaricom’s money transfer product.

M-PESA. (Reuters/Noor Khamis)

Kenya's Safaricom might have to spin off M-PESA, the world's largest mobile money business

The Kenyan government is introducing new regulations this week in parliament that could lead to the break-up of Safaricom, the country’s leading telecom company.

M-PESA dominates mobile money in Kenya. (Reuters/Thomas Mukoya)

Safaricom and Airtel Kenya are taking their latest mobile money spat to court

The battle over Kenya’s mobile money space just got a little uglier.

Bob Collymore, CEO, Safaricom

What's next for Kenya's mobile money revolution (Videos)?

Eight years ago, when your phone buzzed you knew it was probably a text message. But then Kenyans started sending money to each other on their mobile phones — and everything changed.

Safaricom theBIGbox

theBIGbox: Kenya's Safaricom launches video on demand (VOD) set-top box service

Kenyan telecommunications service provider, Safaricom, has announced the launch of a video on demand (VOD) service. The service will be available for purchase in all major cities across Kenya.

Bob Collymore, CEO, Safaricom

Kenya's Safaricom to expand its mobile and fiber optic network

Kenya’s Safaricom Ltd plans to expand its mobile and fibre optic network and will launch a home broadband service to boost growth after posting a 17 percent rise in annual earnings.

Joshua Oigara, CEO, KCB

Kenya's KCB sees growth from new M-PESA-based mobile phone accounts, says CEO Joshua Oigara

Kenya’s largest lender KCB has launched a new service that allows depositors to open mobile phone-based accounts, which it’s CEO said could make up to nearly a third of its business in two years.

Bob Collymore (Left), Safaricom's CEO, and Pamela Patsley (Right), MoneyGram International CEO

MoneyGram joins Western Union to partner with Safaricom, targeting over $1B in remittances sent to Kenya annually

Kenya’s Safaricom (SCOM.NR) and U.S. company MoneyGram International (MGI.O) have agreed a deal for money to be sent from abroad to Kenya through their money transfer services, targeting more than $1 billion sent in remittances every year.

Slim SIMs Illustration

Disrupting mobile banking in Kenya: Slim SIMs

EQUITY Bank, whose micro-loans offerings have helped increase the number of Kenyans using formal financial services, is looking to break into Kenya’s booming mobile telecoms market.

US-Africa Business Forum - Africa is Building a Better Business Landscape

US-Africa Business Forum: Africa is Building a Better Business Landscape (Video)

Data + Transparency = Market Confidence

Equity Bank

Banks Vie for a Piece of Africa's Mobile Banking Market

George Kabiria, who makes decorative sculptures for this city’s lush garden homes, recently sold a small iron frog to a customer through M-Pesa, Kenya’s most popular mobile-payments service.

Bob Collymore, CEO, Safaricom

Safaricom restarts $120M bid to acquire yuMobile assets

Kenya’s biggest mobile network Safaricom is making progress in acquiring the infrastructure of smaller rival yuMobile.

Mobile Phone User in Africa

Africa's telecoms frontier (Video)

Sub-Saharan Africa is the fastest growing region in terms of mobile subscriptions.