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Resolved1 update Updated May 4

Safaricom taken to court over copyright Infringement

Caught stealing: Peter Ndegwa, CEO Safaricom PLC. Kibo Capital Group Limited has taken Safaricom PLC to court over copyright infringement. MPESA Bill manager for businesses that was launched on January 26th, 2021 by the Telco resembles KIBO Capital’s Utility Model that has been in use since 2017. Cnyakundi.com has

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Caught stealing: Peter Ndegwa, CEO Safaricom PLC. Kibo Capital Group Limited has taken Safaricom PLC to court over copyright infringement. MPESA Bill manager for businesses that was...

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Caught stealing: Peter Ndegwa, CEO Safaricom PLC. Kibo Capital Group Limited has taken Safaricom PLC to court over copyright infringement. MPESA Bill...

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Safaricom taken to court over copyright Infringement

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Caught stealing: Peter Ndegwa, CEO Safaricom PLC. Kibo Capital Group Limited has taken Safaricom PLC to court over copyright infringement. MPESA Bill manager for businesses that was launched on January 26th, 2021 by the Telco resembles KIBO Capital’s Utility Model that has been in use since 2017. Cnyakundi.com has learnt that Kibo Capital had in September 2017 presented the idea to Safaricom's Senior Product's Manager for M-PESA to discuss the biller and e-Recepting solutions. Material facts regarding the innovation by Kibo Capital were discussed but the contract never materialized only for Safaricom to implement the same idea 3 years later without involving Kibo. The Telco has previously been accused of stealing copyrights from youthful...

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