FEATURED ARTICLE

M-Pesa edges out Safaricom as strongest brand in East Africa

Share
M-Pesa customers transact at an agent shop. M-Pesa and Safaricom have been ranked as East Africa's top brand
Share

M-Pesa has for the third year running been voted Kenya’s leading Superbrand, ahead of its parent company, Safaricom.

The mobile money transfer service emerged as the strongest brand in East Africa in a survey conducted by research company Kantar TNS on behalf of brand arbiter Superbrands.

Safaricom, M-Pesa, Colgate, Pampers, Dasani, Citizen TV, Mumias, Tuskys, Supaloaf and Weetabix emerged as the country’s top 10 brands in the 2019/2020 survey.

Five brands made an entry into the top 10 as 5 others retained their positions among the top 10 from the previous year.

New entries include Weetabix, Dasani (both of whom were surveyed for the first time) Mumias and Supaloaf.

Superbrands is running its programme for the sixth time in East Africa. In this year’s survey, slightly fewer than 1,000 brands were shortlisted.

READ: BURUBURU PAINTER WINS ELECTRONICS WORTH SH500,000 IN SPORTYBET CONTEST

Consumers’ insights and results were derived based on globally used parameters including quality, reliability and distinctiveness.

Commenting on this year’s results, Superbrands Project Coordinator Jawad Jaffer said the decision to use consumer interviews as the methodology to determine top brands was informed by giving Kenyans a prominent role in deciding brands that resonate with them.

Key trends observed from the survey financial access and payments in which mobile money and payments are still mainstream and virtual wallets are considered to be bank accounts.

SEE ALSO: UON ONLY KENYAN UNIVERSITY IN TOP 1,000 ON GLOBAL RANKING.

Digital media was cited as key in the marketing of brands with social media playing a crucial role in ensuring visibility.

Convenience and convergence of services have also become a determining factor in how consumers interact with brands.

6 Comments

Leave a Reply

Your email address will not be published.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

PAST ARTICLES AND INSIGHTS

Related Articles
The Central Bank of Kenya (CBK) headquarters in Nairobi.
BUSINESS

CBK Raises KSh 63.3 Billion for Budgetary Support at July Treasury Bonds Auction

CBK (Central Bank of Kenya) accepted bids worth KSh 63.3 billion at...

AXYS Investment Bank
STOCKS

AXYS Investment Bank Partners with UK Firm to Offer Offshore Products

AXYS Investment bank has partnered with UK-based Janus Henderson Group, which has...

Jubilee Health Insurance CEO Njeri Jomo(seated left) and Bolttech Africa General Manager Bente Krogmann during the partnership signing deal as other officials look on.
BUSINESS

Jubilee Health Partners with Bolttech to Expand Access to Health Insurance Cover

Jubilee Health Insurance has partnered with global insurtech firm Bolttech to roll...

BUSINESSNEWS

SBM Bank Kenya Half-Year Net Profit Ups 88.2% to KSh 380.2Million

SBM Bank Kenya, a fast growing tier 2 lender with its Headquarters...