One of Safaricom’s most defining milestones came in 2006 with the launch of M-Pesa, the world’s first mobile money transfer service. Safaricom’s entry into Ethiopia, Africa’s second most ...

Midrand - Vodacom shareholders voted in favour of acquiring a 34.94% indirect stake in Kenya’s Safaricom. The shareholders voted at an annual general meeting, with the majority of shareholders (99.59% ...

Safaricom's Kenya business continued to be the main profit driver last year, while the company invested in rolling out operations in Ethiopia. This year, the company expects negative EBIT of ...

Safaricom PLC, on May 9, 2025, announced it will pay out Sh48.08 billion in dividends to its shareholders for the year ending March 31. This follows the telco's report of Sh69.8 billion in net ...

On May 9, 2025, Safaricom attributed the strong performance to sustained innovation across its TechCo product portfolio, expansion into Ethiopia, and continued support for community initiatives.

REUTERS/Monicah Mwangi/File Photo NAIROBI, May 9 (Reuters) – Kenyan telecoms firm Safaricom SCOM.NR said on Friday that its earnings could surge as much as 50% this financial year as it ...

NAIROBI - Kenyan telecoms firm Safaricom said on Friday that its earnings could surge as much as 50% this financial year as it projected that losses in key expansion market Ethiopia would fall steeply ...

Safaricom has partnered with iXAfrica Data Centre, Kenya’s hyperscale-ready data center operator, to provide enterprise and cloud solutions clients with East Africa’s first AI-ready data ...

Safaricom has reported a 10.8 per cent rise in net income to Sh69.8 billion for the year ending Monday, March 31, as total revenue surged past $3 billion (Sh390 billion) — the first time any ...

May 9, 2025 Safaricom sees earnings surge as Ethiopia startup losses fall Kenyan telecoms firm Safaricom said on Friday that its earnings could surge as much as 50% this financial year as it ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...