Why Safaricom is under fire from MPs - Nation
3 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 raises alarm over turning paybills into tax registries
4 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 ...
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.
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...
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.
Safaricom reports $1.07 billion in earnings, surpassing market …
May 10, 2024 · Safaricom has announced that it earned KShs 139.9 billion ($1.07 billion) before interest and tax in the fiscal year ending March 31, 2024. The earnings exceeded market expectations and the group's guidance range.
Safaricom receives license to offer insurance services to M-PESA …
Nov 7, 2024 · domestic 2 key measures Safaricom has taken to protect customer data. This milestone allows the company to offer insurance services through M-PESA, its popular mobile money platform. CEO Peter Ndegwa announced the news during the company’s H1 2024 earnings presentation. This move is part of Safaricom’s strategy to transform M-PESA into a ...
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.
Safaricom Profit Rises First Time in Two Years on Price Cuts
Nov 9, 2023 · Safaricom Plc, Kenya’s biggest company by market value, reported a profit increase for the first time in two years after lower prices lured users and helped offset higher expansion costs in ...
Kenya's Safaricom sees strong EBIT growth on Kenyan and …
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 ...
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