Why Safaricom is under fire from MPs - Nation
2 days ago · Safaricom PLC headquarters in Westlands, Nairobi. Safaricom has found itself in the eye of a storm over allegations of breach of confidential subscriber data with MPs hot on the telco’s heels. The lawmakers have also accused the telco giant of aiding State agents to track and abduct citizens, coming at a time when cases of abductions are on ...
Safaricom PLC (NAI:SCOM) (H1 2025) Earnings Call Highlights: …
4 days ago · Safaricom PLC (NAI:SCOM) is committed to sustainability, with efforts to achieve 95% of sites powered by green energy by 2030. Economic recovery in Kenya is fragile, with constrained fiscal space ...
Safaricom raises alarm over turning paybills into tax registries
2 days ago · Show plans. 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 ...
Safaricom First-Half Profit Drops as Ethiopian Birr Plummets
5 days ago · Free-floating birr is positive for Safaricom in long term: CEO. Earnings from mobile-money product M-Pesa now account for about 43% of service revenue. Safaricom Plc, Kenya’s biggest company by ...
Ethiopia: Safaricom to renegotiate leases to offset birr slide
4 days ago · Safaricom CFO Dilip Pal says lease adjustments could offer relief, but securing favourable terms from Ethiopian partners like Ethio Telecom may prove challenging. Safaricom Plc is weighing the option of renegotiating its lease agreements – mainly those priced in foreign currencies – with key infrastructure owners in Ethiopia should the birr ...
Kenya's Safaricom sees strong EBIT growth on Kenyan and …
5 days ago · November 07, 2024 at 12:45 am EST. (Reuters) -Kenya's biggest telecoms operator Safaricom said on Thursday its earnings before interest and taxes (EBIT) grew 31.9% year-on-year to 61.6 billion Kenyan shillings ($479.38 million) for the first half of the year to the end of September. The company, partially owned by South Africa's Vodacom, also ...
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...
09/05/2024 - Safaricom Earnings Hit KES140 Billion, Becoming …
Safaricom (NSE: SCOM) PLC has announced a KShs 139.9 Billion in its earnings before interest and tax in the period ending March 31 st 2024. At a group level, incorporating the startup costs and investments in Safaricom Ethiopia, the group closed at an EBIT of KES.94.9 billion, a 3.5% growth year on year.
Safaricom signals higher dividend on better-than-expected profit
Nov 10, 2023 · Safaricom Plc has signalled a raise in its dividend payout to shareholders under the current financial year after posting a better-than-expected profit for the half year to September despite significant startup costs in Ethiopia.
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