Safaricom denies theft of M-Shwari concept

What you need to know:

Faulu's claims:

  • Faulu Kenya alleges that it signed a non-disclosure agreement with Safaricom when it presented the concept paper in 2011.
  • The deal, it says, restrained either party from disclosing information on the concept to a third party or using the information to gain competitive advantage over the other.
  • Faulu has accused Safaricom of breaching the agreement and contravening it’s trade secrets and copyright.

Mobile phone service provider Safaricom, has denied allegations that it stole the M-Shwari concept from Faulu Kenya. Read (Safaricom stole our idea to roll out M-Shwari, Faulu Kenya says)

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