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Originally published by The Standard Business
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October 1, 2026
4h ago

Safaricom sues firm over Sh540m Okoa bundle debt

Safaricom sues firm over Sh540m Okoa bundle debt

Safaricom alleges that Kubwa Capital is now seeking to walk away from the agreement without settling the outstanding amount...

✨ Key Highlights

Safaricom has filed a lawsuit in the High Court, demanding Sh540.2 million from Kubwa Capital for allegedly unpaid Okoa bundle loans.

  • Sh540.2 million is the total sum Safaricom is seeking.
  • The key organizations involved are Safaricom, the mobile network operator, and Kubwa Capital, a firm accused of failing to honour its debt absorption agreement.
  • The dispute centers on Kubwa Capital's alleged failure to cover the risk of bad debts from subscribers as per their agreement.

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