Safaricom sued over Okoa Stima Trademark


stima loanKenyan IT services firm Colour Planet has sued Safaricom over its use of the Okoa Stima name to describe its mobile-based electricity loans, claiming a violation of its ownership right. Colour Planet said it registered the Okoa Stima trademark with the Kenya Industrial Properties Institute in May, the Business Daily reported.
The IT firm, Color Planet, claims it registered the Okoa Stima trademark name in May with the Kenya Industrial Properties Institute (KIPI). It then alleges that the Telco has violated its ownership rights to the name by using a similar name. Colour Planet says the name Okoa Stima is one of an electricity purchase software it developed and even introduced to Kenya Power seeking to partner in November 2013. The company further claims it has worked on the software since 2012 and that the infringement by Safaricom has in deed watered down the quality of the Okoa Stima trademark. The IT firm wants Safaricom barred from using the name until the case is resolved.

This blogger will be following the developments in this case.

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