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Peter Ndegwa, appointed as Safaricom incoming CEO, will become the first Kenyan at that position

On Thursday, October 24, 2019, evening, through a press release signed by the Chairman of the board, the board of directors of Safaricom PLC confirmed that it had settled for Mr. Peter Ndegwa, a technocrat with more than 25 years’ experience in various business areas, as the CEO to take office from April 1, 2020.…

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Safaricom and PayPal are partnering to boost e-commerce in Kenya

PayPal and Safaricom have announced a collaboration that will allow Kenyans to move money between their M-PESA and PayPal accounts. The new service aims to eliminate barriers that had slowed the growth of global eCommerce in the country. “PayPal’s collaboration with M-PESA is part of the company’s long-term strategy to enable eCommerce and democratise financial…

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