Grameenphone (GP) paid the second and final installment of BDT10bn (USD117.6mn) to the Bangladesh Telecommunication Regulatory Commission (BTRC), according to reports. The court demanded BDT20bn (USD235.3mn, c16% of audit claim) from GP in Novem...

Safaricom and Vodacom have completed the acquisition of M-Pesa from Vodafone through a newly-created joint venture (JV). Safaricom paid EUR19mn, which equates to 0.8% of its reported FY 19 revenue and 4% of PAT.The acquisition gives both Vodacom and...

The Communications Authority of Kenya (CA) has released its quarterly statistics for the three months to December 2019. The statistics correspond to Safaricom's Q3 20 financial year.SAFCOM defended its market share despite competition from Airtel...

Cash is still king, but for how long? Prehistoric man used shells as proto-money, coins were introduced in modern-day Turkey from around 600BC and notes may have been used in China from as early as c800AD. Total cash in circulation at end-17 was...

The regulator has relaxed its stance in the wake of Covid-19The Cabinet Division and the Ministry of Public Administration asked the telecom operators to make services available throughout the Covid-19 outbreak. To ensure the uninterrupted telecom se...

The Ministry of Health yesterday confirmed a coronavirus (COVID-19) case in Nairobi – the first to be reported in Kenya. The Kenyan citizen who tested positive had travelled back to Nairobi from the US via the UK on the 5 March. The government...