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HomeDaily NewsThursday, June 12, 2025Safaricom's Promotions and Financial Milestones
Technology & Innovation2 stories from 1 sources

Safaricom's Promotions and Financial Milestones

Safaricom offers cashback on flight bookings via the M-PESA app, while CDSC reports immobilization of 16 billion shares.

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TTechish KenyaFirst

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Thursday 3:15 PMTechish Kenya

Safaricom Offering Cashback If You Book a Flight via Trips on M-PESA App for a Limited Time

Safaricom Offering Cashback If You Book a Flight via Trips on M-PESA App for a Limited Time

Safaricom is offering a KES 2,000 cashback for the first 40 bookings daily made via the Trips app on the M-PESA Super App, valid until July 10, 2025.

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Key Highlights

Safaricom is offering a KES 2,000 cashback for the first 40 bookings daily made via the Trips app on the M-PESA Super App, valid until July 10, 2025.

  • KES 2,000 cashback available daily
  • Safaricom launching this offer as part of the M-PESA Sokoni Festival starting June 16 in Nairobi
  • The Trips app enables easy flight bookings while integrating with M-PESA for convenient mobile transactions
Wednesday 7:09 PMTechish KenyaFirst

CDSC Achieves Major Milestone with Immobilization of 16 Billion Safaricom Shares

CDSC Achieves Major Milestone with Immobilization of 16 Billion Safaricom Shares

The Central Depository and Settlement Corporation (CDSC) has successfully immobilized 16 billion shares of Safaricom PLC, enhancing Kenya's shift toward digital securities.

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Key Highlights

The Central Depository and Settlement Corporation (CDSC) has successfully immobilized 16 billion shares of Safaricom PLC, enhancing Kenya's shift toward digital securities.

  • 40 billion total Safaricom shares now held electronically, increasing total immobilized shares by 66%.
  • CDSC CEO Jesse Kagoma highlighted the significance of institutional trust and modernization in capital markets.
  • This transition eliminates risks associated with physical certificates, improving liquidity and market efficiency.
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