Kenya's Safaricom launches network in Ethiopia as first private operator - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

ReutersAnwar Soussa, Managing Director of Safaricom Telecommunications Ethiopia PLC, with Safaricom Ethiopia Chairperson Michael Joseph, Safaricom CEO Peter Ndegwa, and Vodacom group CEO Shameel Joosub, hold Safaricom sim-cards during the Safaricom Ethiopia service launch in Addis Ababa, Ethiopia, October 6, 2022Anwar Soussa, Managing Director of Safaricom Telecommunications Ethiopia PLC, with Safaricom Ethiopia Chairperson Michael Joseph, Safaricom CEO Peter Ndegwa, and Vodacom group CEO...

Hours later Ethiopia’s finance minister, Ahmed Shide, said his government had granted the company a licence to operate a mobile money service. Its network was supposed to launch in April but was delayed because of the coronavirus pandemic and logistical challenges.

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Kenya: Business Activity in Kenya Rises As General Election Concludes PeacefullyBusiness activity in Kenya increased in September, helped by the conclusion of the general election The Purchasing Managers' Index (PMI) commissioned by Stanbic Bank shows that the growth in business activity in Kenya was the first recorded in seven months As a result, the headline index posted in September was at 51.7, up sharply from 44.2 in August. The reading signalled a renewed and modest improvement in overall business conditions.
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