The telco reported a 16.6 per cent growth in M-Pesa revenue in the first six months of the year, generating Sh77.22 billion, supported by an increase...

The Telco announced plans to refund the transaction fee for the first M-Pesa send money transaction of the day.

M-Pesa remained a standout performer, contributing 42 per cent of Safaricom’s service revenue.

The increased M-Pesa usage earned Safaricom Ethiopia Sh44.9 million in revenue in the period between mid-August and the end of December.