I saw M-Shwari trending on twitter but there doesn't seem to be any official communication from SafCom. Thanks for the info!

2012/11/27 kelvin githira <kgithira@gmail.com>

M-Shwari is the revolutionary new banking product for M-PESA customers that allows you to save and borrow money through your phone while earning you interest on money saved. With M-Shwari, you are also entitled to affordable emergency loans.

This is a product for everyone who feels that banking should be hassle-free. No forms to fill in, no branches to visit. Just one click on your phone and you have a savings account! 

How to update your M-pesa menu.
1. Go to your M-pesa Menu.
2.click on my account
3.click update menu 
4.enter your pin number
5.wait for safaricoms confirmation sms (will or might take time )
6.Go to your mpesa menu
7.go to m-shwari
8. read the terms and conditions (carefully)
9.if you accept you have access to your menus

10. the rest you explore by your self.

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Grace L.N. Mutung'u (Bomu)
Kenya
Skype: gracebomu
Twitter: @Bomu
Website: http://www.diplointernetgovernance.org/profile/GraceMutungu