SAFARICOM PLC
Location
Founded
1997-01-26
Website
Risk Signals
3270 news mentions monitored
Industry Context
This company is tracked across risk categories, including those related to its sector (e.g., Telephone Communications, Except Radiotelephone, Communications Services, Not Elsewhere Classified, Miscellaneous Retail Stores, Not Elsewhere Classified, Business Consulting Services, Not Elsewhere Classified), including supply chain integrity, ESG practices, labor disputes, and regulatory compliance.
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Recent Articles about SAFARICOM PLC
Live alerts from global media, monitored by Business Radar
2025-02-07 (sokodirectory.com)
NSE Market Slumps As Foreign Investors Exit And CBK Eases Policy
NSE closed on a subdued note today, as investors navigated a challenging trading environment marked by declines across key indices.
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2025-01-30 (tuko.co.ke)
Safaricom Charges Highest Voice, SMS and Data Rates in First Quarter of 2024/2025 FY - .co.ke
Kenya's telecommunications company, Safaricom, charged the highest data, SMS and voice call rates in the first quarter of the 2024/2025 financial year.
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2025-01-29 (tuko.co.ke)
Airtel Kenya Beats Safaricom in Calls as Mobile Subscriptions Rise to 70m - .co.ke
Airtel Kenya leads Safaricom in time spent on on-net calls as the country’s mobile subscriptions hit a record 70 million in the first quarter of 2024/2025 FY.
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2024-11-19 (kenyanwallstreet.com)
Explainer: How the Ethiopian Birr’s Devaluation Ate into Safaricom’s Earnings
On November 7, 2024, Safaricom PLC (SCOM) released its financial results for the half-year ending September 30, 2024 (HY25), revealing a 17.7% decline in net profits, which dropped to KSh 28.1 billion from KSh 34.1 billion in the same period the previous year.
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2024-11-09 (billionaires.africa)
Safaricom reaches 52 million subscribers in Ethiopia
The telecom giant reported this milestone with its half-year results, marking rapid growth in one of Africa’s biggest telecom markets.
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2024-11-08 (swalanyeti.co.ke)
Safaricom half year profit dips to Sh28 billion due to currency hit in Ethiopia
Safaricom has reported a 17.7 per cent drop in profit to Sh28.1 billion for the half year ending September 30, 2024 due to the effects of Ethiopia’s Birr currency depreciation.
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2024-11-08 (thekenyatimes.com)
Safaricom Records Ksh6B Revenue Drop in Half-Year Results
The 17.7 per cent fall by Safaricom is attributed to the depreciation of the birr, the Ethiopian currency as displayed by their post in their socials
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2024-11-07 (hapakenya.com)
Safaricom posts a Ksh. 27.1 Billion net profit for Half Year 2024
Safaricom has posted Ksh. 27.1 Billion in net profit for the six months ended September 30th 2024, this is as compared to Ksh. 10 Billion reported in a similar period last year.
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2024-11-07 (pulselive.co.ke)
Safaricom receives license to offer new product as M-PESA revenue hits Sh77.2 billion
Safaricom has released is half-year results with group service revenue increasing by 13.1% to reach Sh179.9 billion | Pulselive Kenya
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2024-11-07 (eastleighvoice.co.ke)
Kenyans’ increased M-Pesa, data usage sees Safaricom’s net profit surge to Sh36.7bn
The telco reported a 16.6 per cent growth in M-Pesa revenue in the first six months of the year, generating Sh77.22 billion, supported by an increase in average...
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2024-11-07 (kahawatungu.com)
Safaricom’s Net Profit Grows Amid Currency Shakeup in Ethiopia
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
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2024-11-07 (reuters.com)
Safaricom trims forecast on Ethiopia's birr depreciation
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.
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