Safaricom posts Sh74.7 billion net profit on mobile data, M-Pesa growth
Safaricom’s net profit for the year ended March 2020 jumped to Sh74.7 billion, an increase of 19.5 percent from last year’s earnings. The telco firm attributed the rise in profit to double-digit growth in mobile data and M-Pesa services, with total revenue hitting Sh262.56 billion. “Service Revenue in the year grew 4.8 percent to KShs […]