President William Ruto will have a heavily packed weekend starting today as he is waited in three Eastern African countries to attend high profile events. Today, the president will fly out to Addis Ababa, Ethiopia where he has been invited to attend the launch of Safaricom Ethiopia services in the country.
During his campaign President William ruto promised that calls and internet connectivity in the country will be at zero rate when he takes over office and become the next president of Kenya. It seems this a dream is about to be fulfilled after the latest news revealed that the state which is under the leadership of William ruto as acquired a telecommunication company that has been in existence for the last close to 10 years.
Political Analyst Herman Manyora has reacted days after President William Ruto met with CEOs from Safaricom, NCBA and KCB. Manyora said there is nothing to celebrate after Safaricom announced that its Fuliza customers will not pay a daily maintenance fee for the first three days when they borrow money for transactions below Sh1,000.
Photo courtesy: Head of State, President William Ruto Jubilation rocks Ruto's new administration as the state makes a multi-billion move which will help both the government and tax payer's money. Today, the state has fully acquired a business entity that will see the government making billions of money in terms of profits and also employing youths.
Photo courtesy of Safaricom Chief Executive Officer Mr Peter Ndegwa. It will not be a walk in the park for all Safaricom Customers who will not have registered their SIM Cards before elapse of the instituted deadline date after disturbing details emerged disclosing what will happen to their respective M-PESA Service.
Safaricom, Telkom, Airtel Declare Mega Crackdown on All SIM Cards, Gives All Kenyans 15 Days to This
Photo courtesy of SIM cards. Three leading mobile network operators namely Safaricom, Airtel and Telkom have announced a major crackdown on all SIM cards. Speaking via a joint press briefing today, the three mobile network operators articulated that all SIM cards which will not been registered before the instituted deadline date will be disconnected.
Safaricom is the Kenyan mobile operator and the largest telecommunications provider in Kenya and the most profitable in East and Central Africa region. It has great services as money transfer,savings and loan applications. According to Tuko.ke post on facebook safaricom shares have dropped below 1 trillion for the first time on Nairobi Security Exchange ( NSE).
Today, Fuliza reduced its service charges for loans under 1000 Kenyan Shillings. With a disbursement of nearly 1.5 billion sha, the facility has proven to be the best mobile loan. The daily loan interest will decrease from 10 shillings to 6 shillings for amounts up to 1,000 shillings.
Safaricom, one of the leading telecommunications companies in Kenya and East Africa, today announced a major push for all Safaricom SIM cards. According to official data, 15 million mobile subscribers did not register their SIM cards by August 30, a week before October 15. According to the data, 80.7 percent of Safaricom's 42.53 million subscribers had registered for SIM cards by the end of August, with 8.2 million still waiting.
Millions of mobile phone users run the risk of mass termination when the Communication Authority's (CA) window for registering SIM card registrations closes the next week. Approximately 15 million mobile customers, according to official statistics obtained by Nation, had not registered their SIM cards by August 30, several weeks before the deadline of October 15.
Kenyans have faith in President Ruto's government because of the promises he made to together with his allies during campaigns. He also made it clear that he is going to be an exceptional leader after he won the elections. He even mentioned a number of things he will do in the first one hundred days in office and gave a time frame for other projects.
Photo courtesy of Safaricom CEO Peter Ndegwa. It won't be a romp for any Safaricom customers who fail to register their SIM cards before the expiration of a set period after troubling details emerge revealing what will happen to the service. their respective M-PESA. According to an announcement by Radio Jambo, M-PESA service for all unregistered Safaricom SIM cards will be blocked after October 15, 2022, the deadline set for the registration of all SIM cards.
On Sept 28th, 2022 president Ruto held a meeting with top leadership of Safaricom, NCBA Bank, and KCB Bank. During the meeting, it emerged that safaricom has agreed to cut off interest rate by 40% on all fuliza loans. This is a big win for the borrowers since they will be paying less.
Safaricom borrowers under the famous Fuliza platform have something to smile about after the company said that they will reduce their daily interest rates on loans taken by their customers. The Fuliza borrowing programme enables Safaricom customer to continue with their transaction even though they have insufficient cash depending on their borrowing limits.
Over the remaining couple of quarters, we began out noticing that the Communications Authority of Kenya (CA) became reporting much less at the kingdom of cellular cash in Kenya. It started out while the Authority kicked Equitel out of the statistics, however for appropriate purpose – which became that the product became connected to number one banking products (so, now no longer cellular cash), and ties to its mom enterprise, Equity enterprise.
Safariom is the largest company in Kenya that provides telecommunications services and money transfers. Mpesa is the most crucial component in Safaricom's success. Since the Safariom company brought Fuliza to Kenya three years ago, it has helped millions of Kenyans get emergency loans of 500 to 10,000 Kenyan Shillings.
President William Ruto has made tremendous changes in his Government since he took the mantle as the 5th President of Kenya on 13th September, 2022. From removing the Fuel products subsidy, subsidizing the fertilizers, swearing in the 6 judges refused to be approved by retired President Uhuru Kenyatta, reverting port operation to Mombasa, naming his new cabinet and yesterday through a joint consultation with KCB, NCBA and Safaricom, fuliza is now operating on 50% discount, and loan takers will enjoy the first three days free from interests.
The new government is now in shape and we are expecting them to deliver on their promises. President Ruto assembled his cabinet secretaries including creating a prime cabinet position through an executive order. The head of state did so to satisfy all who assisted him to ascend to presidency.
Safariom is the largest company in Kenya that provides telecommunications and money transfers. Mpesa is the most important factor in Safaricom's success. Fuliza, which was launched in Kenya three years ago by the Safariom firm, has helped millions of Kenyans gain access to emergency loans ranging from 500 to 10,000 Kenyan Shillings.
Boss Williams Ruto has lamented about the betting companies, they operate in an opeque way by not paying taxes to the kenya revenue authority, speaking during a meeting with Safaricom, KCB, and NCBA CEOs, doctor Williams Ruto asked the central bank of kenya governor ngoroge to moderate the companies so that they can also pay taxes just like other well functioning companies in Kenya.