Safaricom

Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 245 Billion (UGX 6.6 Trillion) Deal

Paul MurungiCompany NewsEast AfricaThe Big StoryDecember 4, 2025December 4, 2025

Kenya Gov’t to Sell 15% Safaricom Stake to Vodacom in KShs 241 billion (UGX 6.5 Trillion Deal) The Kenyan government Kenya has officially begun the process of selling a 15…

Building Africa’s Fintect Sovereignty: What we Learn from M-PESA’s Ambitious Vision and the Risk of a Possible New Wave of Digital Colonialism

Jeff WintersThe Big StoryOctober 24, 2025October 23, 2025

At the 2025 Fintechs Annual Gathering in Kampala, Sitoyo Lopokoiyit, the M-PESA Africa managing director, delivered one of the event’s most compelling keynotes, part warning, part vision, and wholly inspiring….

NCBA Shares Surge as Standard Bank’s Two-Year Courtship Nears the Finish Line

Paul MurungiBanking & InsuranceThe Big StoryOctober 15, 2025October 22, 2025

Shares of NCBA Group Plc have hit an all-time high of KSh 75.25, rising 8.27 percent from KSh 69.50, after confirmation that Africa’s largest lender, Standard Bank Group Ltd., is…

Mobile Phone @30: Women Breaking Barriers and Redefining Leadership in Uganda’s Telecommunications Sector

Trevor LutaloProfilesThe Big StoryJune 3, 2025June 3, 2025

In May 1995, Celtel hit the ground running with the launch of the first mobile phone in Uganda, a rare opportunity in the country’s history that has gone on to…

Airtel Africa to list its Airtel Money unit to counter growing dominance of mobile money and other fintechs

Paul MurungiAfricaNews & AnalysisThe Big StoryMay 9, 2025May 9, 2025

Airtel Africa has announced plans to list its Airtel Money unit to secure more capital as it seeks a top spot in the growing digital payments ecosystem across Africa, and…

Former MTN CEO Wim Vanhelleputte Set to Take Over as Safaricom Ethiopia CEO

Jonathan N. LubwamaCEOsCompany NewsEast AfricaNews & AnalysisAugust 31, 2023August 31, 2023

Safaricom Ethiopia has announced the appointment of Wim Vanhelleputte as its new Chief Executive Officer, effective from September 1st, 2023. Vanhelleputte, the former CEO of MTN Uganda, will succeed Anwar…

Wim, the ex-MTN Uganda CEO who quadrupled profits in 6 years, appointed Safaricom Ethiopia CEO

Muhereza KyamuteteraCEOsCompany NewsThe Big StoryJune 28, 2023July 1, 2023

Hardly a year into his new role as Operating Executive for the MTN Group’s WECA Markets of Liberia, Guinea-Conakry, Guinea-Bissau, and Congo-Brazzaville, Wim Vanhellepute, has been picked by Safaricom Plc,…

MTN Values Mobile Money Arm at UGX18 trillion (US$5b), Considers IPO

CEO ReporterCompany NewsApril 13, 2021April 13, 2021

MTN Group Ltd. values its mobile money arm at about US$5 billion (UGX18 trillion) and will consider a listing of the division, joining African wireless carriers trying to monetize a…