Lucy Kiai, Head of Credit - Financial Services at Safaricom PLC addressing Entrepreneurs and the attendees of the GROW with Safaricom business Launch event.
Lucy Kiai, Head of Credit - Financial Services at Safaricom PLC addressing Entrepreneurs and the attendees of the GROW with Safaricom business Launch event. Photo/Safaricom.

Safaricom Launches Revamped 5G for Business

Safaricom has announced a revamped 5G for Business to provide SMEs with faster, more reliable connectivity that supports their growing digital needs, such as real-time collaboration, seamless online transactions, and remote operations.

The announcement was made at the ‘Grow with Safaricom Business’ Western Kenya edition, a platform that aims to equip SMEs with the knowledge that will enable them to scale their businesses through technology. The Western Kenya edition is part of the Sambaza Furaha na Safaricom Caravan.

OLD SPEEDS NEW SPEEDS PRICE (KES)
10 Mbps 50 Mbps 4,000
20 Mbps 100 Mbps 5,000
50 Mbps 250 Mbps 10,000

The upgraded 5G for Business will deliver speeds that are five times higher and aims to improve customer experience.

The new 5G for Business will ensure that SMEs can access enterprise-grade internet performance without stretching their budgets. This will empower them to enhance productivity, improve customer interactions, and scale operations efficiently in today’s increasingly connected marketplace,” said Peter Ndegwa, CEO, Safaricom PLC.

Lucille Aveva, Director Customer Obsession, SafaricomPLC addressing Entrepreneurs from Great Western Kenya at the GROW with Safaricom Business launch event held in Kisumu County
Lucille Aveva, Director Customer Obsession, Safaricom PLC addressing Entrepreneurs from Great Western Kenya at the GROW
with Safaricom Business launch event held in Kisumu County. Photo/Safaricom.

Additionally, there will be an offer from 29th November to 31st December 2024 where businesses that sign up for the 5G plan will get 25% off all 5G plans.

According to the Kenya Institute of Public Policy, Research and Analysis, there are over 7.4 million MSMEs, employing approximately 14.9 million Kenyans in various sectors of the economy, generating 30% of the GDP.

About Safaricom

Safaricom is the leading telecommunication company in East Africa with the purpose is to transform lives by connecting people to people, people to opportunities and people to information.

The company has over 45.9 million customers connected and plays a critical role in society, supporting over 1.1 million jobs both directly and indirectly while our total economic value was estimated at Ksh 542 billion for the 12 months through March 2023.

Listed on the Nairobi Securities Exchange and with annual revenues of close to Ksh 335.4 billion as of March 2024. Safaricom provides connectivity through a wide range of technology, 2G, 3G, 4G and 5G in aggregate covering over 99% of Kenya’s population.

It also runs the world’s largest mobile payment system and Africa’s largest Fintech, M-PESA, the world’s first mobile money transfer system. By empowering over 32.1 million customers to transact, save or borrow money through their mobile phones, M-PESA has driven financial inclusion in Kenya to 83.7% in 2021 of the adult population from a low of 26.7% in 2006 and generated over KES 139.9 Billion in revenue as at FY24.

Our subsidiary, Safaricom Telecommunications Ethiopia, has deployed world class network and services to contribute to Ethiopia’s digital transformation.

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