Sharp Daily
No Result
View All Result
Thursday, November 6, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

New Safaricom’s Plan to Foster Savings Among Children

Domenic Ntoogo by Domenic Ntoogo
November 11, 2022
in News
Reading Time: 1 min read

Kenyan telecommunication giant Safaricom has laid down a plan to foster savings among juniors by introducing SIM cards for the group.

Speaking during the release of the telco’s half-year result ending September 30 2022, the firm’s Chief Executive Officer (CEO) Peter Ndegwa said the move will help minors make calls, text and save money on their phones.

However, he stated that the lines will be registered under the juniors’ parents, after which the registration will switch to the former once they hit majority age.

“Going forward, the junior will be able to have their own number but under the parent account and that will convert to the junior automatically when they turn 18 rather than having that problematic element that used to happen before,”

RELATEDPOSTS

Back to class & back to business: how Kenya’s university reopening sparks an economic ripple

November 5, 2025

M-Shwari crisis Kenya: timeline, problems & what savers need to know.

November 3, 2025

Read: Safaricom To Start Charging Bank Transactions As Profits Dip

In addition to the ability to save, the lines will also have restricted access, such that children cannot engage in gambling, with the parents being able to monitor phone usage among their children.

“We have simplified the menu that the junior account will have so that they are not able to access certain services like betting,” said Ndegwa.

“The parent should be able to monitor what the child is able to do,”

The CEO further commended the Communication Authority of Kenya (CA) for allowing the firm to proceed with the initiative, saying that it will give more autonomy to parents over their children.

“So that has received very strong support from the regulator because it is about parental control of what juniors do rather than using an adult account,”

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Inside Japheth Koome’s KSh89 Million Assets

Next Post

CBK Issues New Directives On CRB Listing

Domenic Ntoogo

Domenic Ntoogo

Related Posts

News

President Ruto’s historic handover: amboseli national park empowers maasai community, boosting Kenya’s tourism future

November 6, 2025
Kenya power technicians install a transformer at Ibutuka Village in Mbeere North in Embu County (Murithi Mugo, Standard)
News

Kenya government confirms nationwide electricity rationing amid supply shortfalls

November 6, 2025
Economy

Kenya’s private sector gains momentum amid economic reform

November 6, 2025
Analysis

Back to class & back to business: how Kenya’s university reopening sparks an economic ripple

November 5, 2025
Trucks crossing the Namanga border between Kenya and Tanzania
Analysis

KAM warns of trade disruption as Tanzania election tensions threaten East African stability

November 5, 2025
News

Understanding Real Estate as a Cornerstone of Wealth Creation

November 5, 2025

LATEST STORIES

Safaricom’s profit jumps on revenue growth and operational efficiency

November 6, 2025

President Ruto’s historic handover: amboseli national park empowers maasai community, boosting Kenya’s tourism future

November 6, 2025
Kenya power technicians install a transformer at Ibutuka Village in Mbeere North in Embu County (Murithi Mugo, Standard)

Kenya government confirms nationwide electricity rationing amid supply shortfalls

November 6, 2025

Kenya’s private sector gains momentum amid economic reform

November 6, 2025

Reimagining Financial Engagement Through User Centered Design

November 6, 2025

Back to class & back to business: how Kenya’s university reopening sparks an economic ripple

November 5, 2025

Why urban Kenyans are turning to micro-homes and co-living spaces

November 5, 2025
Trucks crossing the Namanga border between Kenya and Tanzania

KAM warns of trade disruption as Tanzania election tensions threaten East African stability

November 5, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024