Competition Authority of Kenya (CAK) News

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, Safaricom, Kenya

Kenya's Safaricom is ordered to share M-PESA agents with rivals

The Competition Authority of Kenya (CAK) has gazetted an order requiring mobile operator Safaricom to share its mobile money transfer agents with other telecommunication firms.

Madhur Taneja, CEO, yuMobile

Safaricom and Airtel acquire yuMobile for $120M

Kenyan mobile operators Safaricom and Airtel have signed an agreement to acquire the telecom business of yuMobile for $120 million, it was announced on Monday.

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.

Airtel Kenya

Airtel loses bid to force Safaricom to cut M-PESA fees

The Competition Authority of Kenya (CAK) says it doesn’t have jurisdiction to order Safaricom to cut M-Pesa cross network transaction fees.

Safaricom

Safaricom agrees to open up M-PESA agent network to competitors

A battle to open up Kenya’s M-Pesa agents network in Kenya has come to an end.