Today's Bulletin: Fri, April 26, 2024
Safaricom has announced that they have seen a 10% drop in its First-half net income.
Upon releasing their financial results Safaricom witnessed a 10% drop in the net income in their first half. This drop was cited because of a higher cost of living, and an expensive network rollout.
It (the price cut) is not inconsequential or trivial … it has a substantial impact on our business.
Peter Ndegwa, CEO, Safaricom
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