Brand hub
BusinessSafaricom's appointment of two senior Vodacom executives is more than a routine board refresh. It shows how the telco's new majority ownership is beginning to shape governance.
MAMBO TakeAirtel Money's Bizna Wallet challenges Safaricom's Pochi La Biashara with free merchant payments and cashback as M-Pesa cuts selected fees.
MAMBO TakeVodacom's reported 55 percent stake now comes with stronger board and executive influence over a company that carries Kenya's communications and money.
MAMBO TakeThe record payout shows renewed confidence after years of Ethiopia investment. It also raises the question of how much cash Safaricom should return versus reinvest.
BusinessSafaricom shareholders will vote on fourteen resolutions that turn Vodafone Kenya's 55 percent stake into formal boardroom control.
BusinessKenya has received about Sh244.5 billion from the Vodacom Safaricom transaction, with the money headed into the National Infrastructure Fund.
BusinessVodacom now controls about 55% of Safaricom after completing a $2.1 billion transaction, while Kenya's government keeps a 20% stake.
Should you care?Kenya used about 800 million GB of mobile data in one quarter as smartphones crossed 50 million and 5G subscriptions kept rising.
