In Brief

Uber Safaricom
In Brief

Uber, Safaricom tie-up to ease M-PESA payments

Taxi hailing giant Uber and Safaricom partnered, launching a deal that will see riders across Kenya pay for travel via M-PESA. UberEats customers will also pay for deliveries through M-PESA even as the delivery people receive their earnings through M-PESA. The deal targets drivers, who lack bank accounts, with Uber’s data showing that about 20 percent of drivers on the platform do not have bank accounts and therefore lack the opportunity to fully leverage digital trips.  “Through the integration of M-PESA for trip payments, we are excited to bring the ease and convenience of mobile money to riders on our platform,” said Imran Manji, Head

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In Brief

July inflation falls within CBK target range

In July, Kenya’s inflation rate declined more than anticipated and reached the Central Bank of Kenya’s target range of 2.5 percent to 7.5 percent. The drop in the cost of living came despite increased taxes on pump prices that is manifesting in higher transport costs. The prices of most food products including potatoes, tomatoes, cowpeas, and cabbages declined in the month under focus. However, the prices of onions went up by 11.4 percent. Consumer prices rose by 7.3 percent annually in July, marking the slowest rate in 14 months. Kenya posted 7.9 percent inflation in June, data from the Kenya National Bureau of Statistics shows.

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Gomoka Go Monthly
In Brief

Clinical officer first Sh1 million winner in Safaricom drive

Eric Musyoki Musembi, a Clinical Officer from Machakos County, is the first winner of the Kes1 million monthly grand prize in the ongoing Gomoka na Go Monthly Promotion by Safaricom. Musyoki says he will use the money to finish up personal projects, settle a few debts and possibly start some small income generating activities in their home. Safaricom launched the promotion in June to empower customers with affordable data packages as well as the opportunity to win prizes. The prizes include data bundles; instant M-PESA cash prizes ranging between Kes250 and Kes10,000 with a grand prize of Kes1,000,000 every month. Additionally, customers get more control

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