John Kibunga Kimani, a billionaire investor, has increased his ownership in telecommunications giant Safaricom by purchasing an additional 8.64 million shares, bringing his total holdings to 27.7 million units by December 2023. This move aligns with the strategy of several investors who capitalized on the stock’s lower price to expand …
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Safaricom has acknowledged the malfunction of its mobile payment service, M-Pesa PayBill. In a notice issued on Tuesday morning, the mobile network provider stated that it was facing recurring service intermittency, impacting certain PayBill payments. “We are currently addressing a recurring service intermittency affecting specific PayBill payments. Our technical team …
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In Mandera County, a security alert was triggered on Thursday as unidentified gunmen targeted and destroyed the Fincharo Safaricom communication mast. Around 4 am, the assailants used various explosives to damage the mast, including the generator, fuel tank, and solar panels. The attackers, whose number remains unknown, launched the assault …
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The Mpesa mobile phone-based money transfer service is currently experiencing an outage, affecting millions of its users across the country. On January 9, 2024, numerous Kenyans took to social media to report the unavailability of Mpesa services. Many users attempting transactions received apology messages from Mpesa, with one message stating, …
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The Lower Eastern Times Opening The Third Eye