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Safaricom denies sharing customer information amid growing public concerns

Safaricom CEO Peter Ndegwa

Safaricom has stated that they do not share customer information amid rising public concerns regarding data privacy. Safaricom, in a statement issued on Thursday, October 31, 2024, denied sharing customer information with third parties. The telco stated that they respect their customers’ privacy and strictly adhere to the country’s data protection laws. Safaricom on sharing […]

Safaricom posts Sh74.7 billion net profit on mobile data, M-Pesa growth

Peter Ndegwa

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 […]