Safaricom yet to agree with Vodafone on M-Pesa royalty charges Safaricom is yet to agree with Vodafone on new M-Pesa royalty fees nearly a year since the two telcos opened talks following the migration of M-Pesa servers from Germany. The relocation of M-Pesa servers to Kenya…

Ex-KRA boss bets big on KQ with 1.1m share deal Michael Waweru is now the seventh-largest local individual shareholder of Kenya Airways, holding a stake valued at about Sh5.1 million at current market price. He joins billionaire investor Chris Kirubi who acquired 2.1 million shares of…

Vodafone launches M-Pesa Ghana in Africa expansion bid UK telecommunications company Vodafone, which holds a 40 per cent stake in Safaricom, has launched M-Pesa services in Ghana —completing the spread of mobile money in all African countries where the British firm has a presence.