BUSINESS

Safaricom Slashes Prices For New Business Fibre Connections

The move is aimed at enabling more enterprises connect to the internet to spur their growth

Share
Business Fibre Stephanie Mwega
Ms Stephanie Mwega, Enterprise Marketing Lead, Safaricom Business.
Share

Safaricom has announced a 25% discount on all new fibre connections for businesses located within fibre-ready buildings for the next two months.

The announcement was made during the Nairobi edition of the Grow with Safaricom Business forum that is designed to empower entrepreneurs with the knowledge and skills that can help them to sustainably accelerate their growth through affordable finance, digitisation and enhanced market access.

“Our commitment at Safaricom Business is to power business growth through products and solutions that matter to entrepreneurs. This offer on fibre to the business will ensure MSMEs have access to the fastest, most reliable internet that matches their ambitions,” said Frankline Okata, Ag. Chief Enterprise Business Officer, Safaricom PLC.

The Grow with Safaricom Business Forum held under the theme ‘Fuelling Financial Growth Through Innovation’ brought together a diverse range of entrepreneurs from Nairobi’s vibrant SME sector, all united by a shared ambition to grow, innovate, and overcome the unique challenges faced by small businesses in a rapidly changing economic landscape.

Data by the Kenya National Bureau of Statistics show that more than 70% of small businesses fail within the first three years, largely due to cash flow or market issues.

“These challenges present an opportunity for collaboration and growth. We have introduced business credit solutions that leverage transaction history and real-time business performance to offer practical, accessible, and flexible credit solutions tailored to the needs of entrepreneurs,” Okata said.

The Grow with Safaricom Business forums have positively impacted on thousands of entrepreneurs across the country through physical and virtual forums.

> TV Channel That Will Showcase All Football Leagues in Kenya

Written by
BT Reporter -

editor [at] businesstoday.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
National Treasury building. PHOTO/@KeTreasury/X
BUSINESS

Treasury Upgrades IFMIS as State Shifts from Cash to Accrual Accounting

The National Treasury has stepped up plans to transition Kenya from a...

President William Ruto
BUSINESS

Ruto Promises Reliable Electricity for Mandera Through Ethiopia Partnership

After years of endless blackouts and noisy diesel generators, Mandera County could...

Outside Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

CBK Raises Ksh100.5B as Treasury Bond Sale Is Heavily Oversubscribed

Investors turned out in large numbers for the Central Bank of Kenya’s...

Bura Irrigation Scheme
NEWS

CS Mugaa Issues Update on Large-scale Sugarcane Project at Bura Irrigation Scheme

Cabinet Secretary for Agriculture and Livestock Development Eric Mugaa has inspected ongoing...