Tag: Safaricom

Stanbic Bank Kenya has appointed former Safaricom executive Michael Mutiga as its chief executive, bringing in a telecom and banking veteran to lead the lender as Kenya’s financial sector increasingly converges with digital financial services. Mutiga will assume the role on August 1, subject to regulatory approval, the bank said in a statement on Thursday.

The High Court has scheduled a date to deliver its judgment on a petition accusing Safaricom PLC of overseeing a massive data breach that reportedly impacted over 11.5 million subscribers. The court reached this stage following the conclusion of both oral and written submissions from all involved parties...

Safaricom is set to invest nearly $500 million in Artificial Intelligence infrastructure across East Africa, according to Cynthia Kropac, Chief Enterprise Business Officer, Safaricom. Kropac was speaking at the Connected Africa Summit 2025 in Diani, Kwale County, Kenya. According to Kropac, “Safaricom is investing nearly $500 million over the next three years in AI infrastructure

The expansion is part of Safaricom’s strategy to diversify beyond its traditional telecom business, which faces slowing revenue growth...

In December last year, Safaricom revamped its 5G WiFi for Business bundles to provide SMEs with faster, more reliable connectivity that supports their growing digital needs, such as real-time collaboration, seamless online transactions, and remote operations. Just three months later, consumers on Safaricom’s 5G WiFi for Business internet are reporting steady business growth due to