Safaricom has revealed that M-Pesa processes around Sh100 billion in transactions day, highlighting the vast scale of Kenya’s digital payments landscape. CEO Peter Ndegwa said the platform facilitates nearly 500 million transactions daily. Speaking at the Connected Africa Summit 2026, he noted that M-Pesa’s system is capable of handling up …
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Safaricom has reported a 10.8% increase in its net profit for the year ending March 2025, reaching Sh69.8 billion, driven by strong growth in M-Pesa and data services. M-Pesa revenue grew by 15.2% year-on-year, contributing Sh161 billion, or 44.2% of the company’s total service revenue, which amounted to Sh388.7 billion. …
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Safaricom has introduced Ziidi, a fresh investment platform integrated with its flagship mobile financial service, M-Pesa, designed to make wealth creation more accessible for its users. Click here to join our WhatsApp Channel This launch coincides with M-Pesa’s 18th anniversary, marking its debut in March 2007. Today, M-Pesa stands as …
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The Lower Eastern Times Opening The Third Eye