The Capital Markets Authority (CMA) approved the operations of Ziidi, a money market fund (MMF) operated by Safaricom PLC and run as an M-Pesa product.

Telecommunications giant Safaricom PLC launched its Money Market Fund, following approval from the Capital Markets Authority (CMA) to establish the fund dubbed Ziidi last year. In November 2024, CMA ...

Safaricom officially launches Ziidi Money Market Fund, offering easy investments via M-PESA, while Mali faces outages and operational challenges.

Safaricom announced the official launch of Ziidi MMF in collaboration with two fund managers, Standard Investment Bank and ALA Capital Limited. Ziidi MMF is a unit trust, governed by the Capital ...

Safaricom’s new money market fund (MMF) has pooled Sh2.85 billion since debuting the market in December last year, overshadowing the initial fund that was marred by partnership wrangles. The telco ...

The Product allows Customers to control, grow and manage their finances and wealth with free deposits and withdrawals via ...