The Tax Appeal Tribunal has barred the Kenya Revenue Authority (KRA) from taxing the salaries of Safaricom employees seconded to the telco’s subsidiary in Ethiopia. The tribunal set aside the ...

M-PESA Safaricom has signed an international money transfer agreement with Onafriq, Africa’s largest digital payments network. The partnership will help streamline remittance flows to Ethiopia.

The number of M-Pesa customers in Safaricom's Ethiopian subsidiary more than tripled from 3.1 million to 10.8 million in the 12 months to December 2024, driven by increased use of the platform for ...

Giant telco Safaricom already operates in the populous country following the opening up of Ethiopia's telecoms market a few years ago. The new draft banking laws also outline measures to ...