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The Standard Group Plc is a
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Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Safaricom said on Monday it aims to expand its M-Pesa financial services across Africa after South Africa's Vodacom buys a 35 percent stake in the Kenyan telecoms operator from Britain's Vodafone.
Safaricom, which dominates mobile telephony in Kenya with 28 million subscribers, said in a statement that Vodafone had offered "appropriate assurances" to the Kenyan government, which is also a shareholder in Safaricom, before the deal was announced.
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