The telco took a Sh17.5 billion hit after the birr depreciated by 106.3 percent over last year, forcing Safaricom to revalue ...

Safaricom has released its new half-year financial report leading to September 2024 recording a profit fall of 17.7% from KES 34.1 billion to KES 28.1 billion citing it as a result of the decline of ...

Safaricom has invested over Sh34 billion to facilitate the transition from the National Health Insurance Fund (NHIF) to the ...

Safaricom Group Plc net profit from the first six months of this year to September has declined by 18pc owing to the currency reforms in Ethiopia.

Safaricom: The company, partially owned by South Africa's Vodacom , also posted a 14.0% increase in group service revenue to 181.4 billion shillings, while its net income climbed 21.7% to 36.7 billion ...

Kenya’s biggest telecoms operator, Safaricom, lowered its full-year earnings guidance on Thursday, after reporting a sharp fall in net income due to the depreciation of Ethiopia’s birr currency. The ...

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 ...

Safaricom PLC has posted a 27.1 per cent growth in net earnings for the first six months of the year, with the Group service revenue ...

Safaricom Telecommunications Ethiopia is readying to open a regional office in Jigjiga, seat of the Somali regional administration.

Safaricom’s voice service has recorded revenue growth of 4.8 per cent, generating a whooping Sh40.55 billion in half-year results announced on Thursday. This was driven by increased usage with minutes ...

Safaricom’s mobile money service platform M-Pesa revenues have continued to grow after recording a Sh77.22 billion growth in the first six months of the year. The growth signifies a 16.6 per cent ...

Giant telco Safaricom’s half-year profit to September 2024 has significantly dropped to Ksh 28.1 billion from Ksh 34.1 billion, thus recording a Ksh 6.3 billion loss. The 17.7 per cent fall by ...