Tag Archive for: Safaricom

Business Daily

Mayor’s Private Sector Conference

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https://www.youtube.com/watch?v=sYjwT8ErH3U
Telecom paper

Safaricom cuts interim dividend for first time after profit drop

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Safaricom has trimmed its interim dividend by Sh2.4 billion on the back of reduced earnings in the half-year period, marking the first cut since it started distributing profit to shareholders before the end of a financial year. The giant…
Business Daily

Ethiopia eyes Sh19bn fee for M-Pesa entry

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The Safaricom-led consortium in Ethiopia will pay $150 million (Sh18.9 billion) as license fees to roll out M-Pesa in the populous nation if the proposed regulations by the Horn of Africa country are passed. The amount referred to as…
Business Daily

Mystery Investor’s Purchase of Safaricom Shares Stops Plunge

A mid-week block purchase of Safaricom shares by an unknown local institutional investor has halted the slide in the telco’s shares that had hit a 69-month low, triggering bargain purchases. Nairobi Securities Exchange (NSE) data show…
Telecom paper

Safaricom to Lose Sh2bn in Call Tariff Cut

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Safaricom projects to lose Sh2 billion in the financial year ending March 2023 after the Communications Authority of Kenya (CA) cut mobile termination rates (MTR) by 41.4 percent. MTRs are the charges levied by a mobile service provider…
Business Daily

Safaricom Bonga points to expire as unclaimed liabilities hit Sh4.5 billion

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Safaricom has introduced an expiry date on its loyalty programme, popularly known as Bonga Points, in a bid to encourage redemption and unlock the underlying revenue that totalled Sh4.5 billion as of march this year. The listed telco…