Safaricom Challenges Sh930 Million Arbitration Award
Safaricom PLC is seeking a court order to suspend a Sh930 million
arbitration award granted to Popote Innovations Ltd. The dispute centers on
a proposed 2018 partnership agreement between Safaricom and Popote
Innovations for a payment application, where revenue sharing was contingent
on the application’s launch, which never occurred.
arbitration award granted to Popote Innovations Ltd. The dispute centers on
a proposed 2018 partnership agreement between Safaricom and Popote
Innovations for a payment application, where revenue sharing was contingent
on the application’s launch, which never occurred.
Safaricom contends among others that the arbitrator’s decision is flawed as
the partnership agreement was never fully executed.
Read more:
nairobitimez.co.ke/2025/02/08/safaricom-contests-sh930-million-award-to-software-developer/
