techtrendske

As Samsung rolls out its Connected Living Experience in Kenya, Sam Odhiambo, Head of Consumer Electronics Business at Samsung Kenya, explains how SmartThings, AI-powered appliances and energy monitoring are being positioned as practical tools for everyday households rather than luxury upgrades. For most Kenyan households, the television, fridge, washing machine and smartphone...

Safaricom wants M-PESA to play a larger role in how businesses operate, with plans to extend its merchant services into credit, invoicing, reconciliation and business administration. The strategy builds on a reported merchant population of 4.5 million and reflects the company’s ambition to make its payments platform more useful to small traders and businesses beyond …

...

Safaricom’s My OneApp has reached 4.5 million monthly active users following a launch that CEO Peter Ndegwa acknowledged disappointed some customers. The company reported 7.3 million downloads and KSh2 trillion in transactions processed through the platform as it works to bring users of its standalone M-PESA and MySafaricom applications into one digital environment. Ndegwa to...

Safaricom Ethiopia narrowed its EBITDA loss by 96.5% to KSh434.4 million in the six months ended September 2026, as service revenue rose 71.6% to KSh10.6 billion. The improvement brings the operation closer to its target of achieving EBITDA breakeven by the end of FY27, following several years of network investment, customer acquisition and the establishment …

The post...

M-PESA processed 12.9 billion chargeable transactions in the first half of FY27, an increase of 48.2%, while revenue from the mobile money business grew 13.6% to KSh100.1 billion. The gap between transaction activity and revenue growth captures a central part of Safaricom’s current M-PESA strategy: encourage more people and businesses to use the platform, even …

The po...