Nairobi, May 8 -- Safaricom has been ordered to pay innovator Peter Nthei Muoki Sh1.4 billion in compensation after the High Court found the telco liable for copyright infringement over an M-Pesa child account product.
The court also directed Safaricom to pay Mr Muoki and Beluga Ltd 0.5 percent of its gross M-Pesa revenue in each financial year from March 31, 2025, for as long as it continues to operate the Manage Child Account, M-Pesa Go, or any similar parent-child control functionality.
However, Safaricom secured a 30-day suspension of the judgment to allow it to challenge the ruling at the Court of Appeal.
Mr Muoki sued the telco in 2022, seeking compensation for profits allegedly derived from infringement, royalties and licensing ...
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