Wednesday, September 1, 2010

About Safaricom

Safaricom, which started as a department of Kenya Posts & Telecommunications Corporation, the former monopoly operator, launched operations in 1993 based on an analogue ETACS network and was upgraded to GSM in 1996 (license awarded in 1999)

Safaricom Limited was incorporated on 3 April 1997 under the Companies Act as a private limited liability company. It was converted into a public company with limited liability on 16 May 2002.

By virtue of the 60% shareholding held by the Government of Kenya (GoK), Safaricom was a state corporation within the meaning of the State Corporations Act (Chapter 446) Laws of Kenya, which defines a state corporation to include a company incorporated under the Companies Act which is owned or controlled by the Government or a state corporation. Until 20 December 2007, the GoK shares were held by Telkom Kenya Limited (“TKL”), which was a state corporation under the Act.

Following the Offer and sale of 25% of the issued shares in Safaricom held by the GoK to the public in March 2008, the GoK ceased to have a controlling interest in Safaricom under the State Corporations Act and therefore the provisions of the State Corporations Act shall no longer apply to it.

6 comments:

  1. What is the vision and mission of safaricom

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  2. ON 29TH DECEMBER 2014 I VISITED AGENT TILL STRATEGIC MOBILE OL KALOU TOWN WHERE I WAS ASSISTED IN RENEWING MY CELL PHONE LINE NUMBER 0716523712) IN THE PROCESS I GAVE THE AGENT MY PIN NUMBER AND SECRET WORD HOWEVER ON 1/1/2015 KSHS 24,00/= WAS TRANSFERED FROM MY MSHWARI ACCOUNT TO NUMBER 0723442703 REGISTERED UNDER THE NAME STEPHEN NDIRANGU NO ARREST NOR RECOVERY HAVE BEEN MADE BUT INVESTICATION ARE IN PROGRESS .I ALSO WENT TO NAKURU CUSTOMER CARE BUT THEY SEND ME TO HEADQUARTER NAIROBI KINDLY ASSIST ME TO RECOVER MY MONEY .
    FROM:MARY WANJIKU
    MOBILE:0716523712
    ID NO:23741068
    PLACE: OLKALOU

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  3. a matter of concern that my mpesa agent is suspended and when icall c/care it resumes with no explanation on the cause.could someone be interferering with it.this happened on 2/6/2015 between 1pm to 3pm.my till is 401696.could someone check it for me.idont feel safe.

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  4. My Name Fred Juma and my Line is +254 706257869. I am currently in Juba South Sudan and lost my phone. I have cash in my Mpesa account which obviously I need to access. I then approached one of the Mpesa agents here in Juba who was ready to replace my line through contacting your Customer Care but the problem now is your published direct line: +254722002200 is like permanently not going through. The other line ending with 100 is constantly on advert mode and despite the numerous times we have not managed to go through. Kindly justify why we should refer to you as the better option with all these frustrations .... with of course loosing a lot of money (charges) without getting Someone services. Can someone help

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  5. Hello there! Am Nicholas Bundi, i have a new safaricom line that I bought and
    registered as my second saf line. I
    cant make calls nor send messages. I've tried call barring setting but rejected . airtime top up n browsing is Ok.my new line is 0746628769. Please help.

    nichobundi@gmail.com

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