Kenya's Safaricom Sued Over Alleged Intellectual Property Breach
The country's largest mobile operator Safaricom has failed to stop the hearing of the infringement of intellectual property case which could cost them millions of U.S. dollars.
Peter Nthei Muoki and Beluga Ltd said the product Safaricom planned to roll out is similar to an idea they shared with the top communications firm's officials in 2021.
Muoki said he approached Safaricom in March 2021 to discuss his idea, but after a meeting, he was told that it would be difficult to implement the product since it would target teenagers without identification cards, a move that would need approval from the Central Bank of Kenya.
Muoki said he was shocked to see Safaricom conducting a test run of a product that is a copy and paste of his innovation - but under a different name - a few months after their meeting.
In a new development,Safaricom, will be developing a partnership with U.S. telcos giant Apple Inc. to integrate MPESA and its Paypal platform.
MPESA now operates in seven countries, serving over 51 million customers. Other Safaricom global partnerships include AliExpress and Western Union, which enable customers to receive and send money globally.
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Kenya:
Safaricom Sued for Alleged Intellectual Property Theft
allAfrica, 22 September 2023
Kenya's largest mobile operator Safaricom failed to stop the hearing of the infringement of intellectual property case which could cost them millions of US dollars, reports… Read more »
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Kenya:
Safaricom and Apple to Work on MPESA Partnership, President Ruto Says
Capital FM, 17 September 2023
Telecommunication giant, Safaricom, will be developing a partnership with Apple Inc. to integrate MPESA and its Paypal platform. Read more »
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Kenya:
Safaricom Announces Outages on M-Pesa, Safaricom Apps
Capital FM, 27 July 2023
Safaricom has announced that M-Pesa services on its apps are currently unavailable. Read more »
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Kenya:
Safaricom's Ethiopian Venture Records Loss, Management Eyes Fresh Capital
Reporter, 13 May 2023
Safaricom's parent company is feeling the effects of its startup investment and operational costs in Ethiopia, seven months after its successful launch. The costs are negatively… Read more »
InFocus
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Kenyans are scrambling to meet the requirement that, if not adhered to, will lead to the permanent switching off of thousands of Safaricom, Telkom and Airtel SIM cards intended to ... Read more »
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Safaricom has officially obtained a telecoms licence from Ethiopian authorities, paving the way for its consortium to begin operations.
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A customer checks her mobile money wallet at an M-Pesa booth in Nairobi (file photo).