Business

Safaricom reports 35.9% profit increase in half-year results

The telecommunications company's net profit reached Sh58.2 billion in the six months to September, according to Capital FM.

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Safaricom's net profit rose by 35.9 percent to Sh58.2 billion in the six months ending September, according to Capital FM.

The increase was driven by higher revenue from M-Pesa and growth in the company's Ethiopia operations, Capital FM reported.

Source: Capital FM · Business

Sources

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