East African Business Week

Kenyan Mobile operator Safaricom has entered into a partnership with the Kenya Bankers Association (KBA) that will see it provide converged data services to banks in Kenya.
Through its Enterprise Business Unit, Safaricom will provide connectivity solutions for cheque truncation in all banks that are members of the Kenya Bankers Association.
The cheque Truncation Project is expected to result in a reduction of the time required for payment of cheques, a cut in the associated cost of transit thus speeding up the process of realization of cheques, a big plus to the Banking industry players, stakeholders and the general public.
These services are also available to small and medium enterprises and individual clients.
Speaking during the signing ceremony, Safaricom's General Manager for the Enterprise Business Unit, Sylvia Mulinge said the company was best placed to offer converged telecommunications solutions ranging from voice, data to general IT service, given its wide and robust infrastructure.
"Through our state-of-the-art infrastructure underscored by our deep investment in fibre optic systems and redundancy satellite equipment, Safaricom is best placed to offer and deliver managed services and data centres in the areas of storage, video conferencing and most recently, cloud computing. In dealing with our diverse customer base ranging from individual, corporate to government, Safaricom has put in place mechanisms aimed at providing tailor-made services that meet the specific needs of each segment," said Ms Mulinge.
Early this year, Safaricom launched commercial TelePresence suites targeting corporate and government entities in partnership with TATA Communications, Cisco and the Serena Hotels.