Safaricom PLC (NAI:SCOM) (H1 2025) Earnings Call Highlights: …
5 days ago · Safaricom PLC reported strong financial performance in Kenya with double-digit growth in both top and bottom lines. The company achieved a 12.9% growth in service revenue, reaching KES177.5 ...
Why Safaricom is under fire from MPs - Nation
4 days ago · The legislator further wants the Senate’s Committee on Information, Communication and Technology (ICT) to establish whether it is mandatory for Safaricom to collect and store subscriber data, such as location and to monitor calls to provide its services and clarify why similar practices are not required for other telecom providers.
Safaricom raises alarm over turning paybills into tax registries
4 days ago · Safaricom says it is deeply concerned about the State’s plans to turn mobile money paybills and till numbers into a tax collection registry to weed out tax evaders and boost revenue by billions ...
Safaricom posts Sh48b profit amid regulatory headwinds - The …
6 days ago · Safaricom has recorded Sh28 billion profit after tax in the first six months of the 2024-25 financial year, boosted by strong performance in Kenya where profit increased to Sh47.5 billion.
Safaricom's records 22% growth in net profit - The Star
Nov 7, 2024 · Safaricom CEO Peter Ndegwa. FILE. Kenya's leading telco, Safaricom PLC, has posted a 21.7 per cent growth in net earnings for the first six months of the year, with the Group service revenue ...
Safaricom receives license to offer insurance services to M-PESA …
Nov 7, 2024 · CEO Peter Ndegwa announced the news during the company’s H1 2024 earnings presentation. ... Safaricom has reported notable growth in revenue and earnings, with group service revenue increasing by 13.1% to reach Sh179.9 billion, while Earnings Before Interest and Taxes (EBIT) grew by 1.8% to Sh42.2 billion for the six months ending September ...
Safaricom First-Half Profit Drops as Ethiopian Birr Plummets
Nov 7, 2024 · Safaricom Plc, Kenya’s biggest company by market value, said first-half profit fell 18% because of the devaluation of Ethiopia’s currency.
Safaricom Newsroom | News & Stories of Lives Transformation
Oct 16, 2024 · The Safaricom Newsroom is a one-stop shop for stories about the nexus between technology and people and stories about how Safaricom is transforming lives in Kenya.
Kenya's Safaricom posts 139.9 billion Kenyan shillings earnings for ...
May 9, 2024 · Kenya telecoms operator Safaricom said on Thursday its group earnings before interest and tax, excluding Ethiopia, was 139.9 billion Kenyan shillings ($1.07 billion) in its full year to end-March.
Safaricom, News, Safaricom Twaweza
Sep 2, 2024 · At Safaricom, the cost of rolling out 5G is four times higher than what it would have used to upgrade a site from 3G to 4G. Additionally, not all devices are 5G-ready, meaning consumers need to upgrade to 5G-compatible devices to take advantage of the network.