Small businesses (MSMEs) eligible for discounted fiber connection plans

Small businesses (MSMEs) eligible for discounted fiber connection plans

Safaricom, Kenya's leading telecommunications company, has announced a 25% discount on all new fibre connections for Micro, Small, and Medium Enterprises (MSMEs) located within fibre-ready buildings. This offer is valid from August to September 2025 [1][2][3][4][5].

The discount is aimed at providing MSMEs, which employ over 80% of the working population in Kenya [1][2], with access to fast and reliable internet essential for business growth and competitiveness.

The announcement was made by Safaricom’s Acting Chief Enterprise Business Officer, Franklin Okata, at the "Grow with Safaricom Business" forums held in Nairobi, themed "Fuelling Financial Growth Through Innovation." These forums focus on equipping entrepreneurs with digital tools, affordable financing, and growth strategies [1][2][3][4].

Okata stated that the company is here to help businesses grow, empower them, share knowledge, and innovate together. He also mentioned that the discount offer is part of a larger Safaricom initiative to help MSMEs digitize operations and improve market reach [2][3][5].

Safaricom aims to support MSMEs, as they face high failure rates, with more than 70% failing within the first three years due to cash flow and market access challenges [1][2][3][4]. To address this, the company has introduced business credit solutions that leverage transaction history and real-time business performance to provide practical, accessible, and flexible credit tailored to entrepreneurs' needs [2][3][5].

The "Grow with Safaricom Business" forum is designed to equip MSMEs with tools and knowledge to digitize operations, improve customer experience, and scale their ventures. Since its inception in March 2024, the forum has reached over 1,000 businesses in various regions [1][2][3].

Through physical and virtual business forums, Safaricom is driving positive growth, impacting thousands of entrepreneurs across Kenya and paving the way for further innovative solutions. By taking advantage of this discount offer, MSMEs can lower barriers to reliable internet access, helping small businesses grow through improved internet connectivity and supportive financing options [1][2][3][4][5].

[1] Kenya National Bureau of Statistics reports [2] Safaricom's ongoing Grow with Safaricom Business forum is themed Fuelling Financial Growth through Innovation [3] The forum brings together entrepreneurs from Nairobi's MSME sector [4] The discount applies to new business fibre connections only [5] The discount is running from August to September

1. The discount offer from Safaricom on fibre connections could potentially benefit MSMEs in Kenya's technology sector, as reliable internet is crucial for businesses in that field.
2. Alongside the discount offer, Safaricom has also introduced business credit solutions, aiming to alleviate cash flow and market access challenges that many MSMEs face in the finance sector.
3. The epaper reports indicate that Safaricom's initiatives in politics (through supporting MSMEs) and business (through offering discounts and credit solutions) are positely impacting various sectors across Kenya, contributing to economic growth and competitiveness.

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