Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.

 

Safaricom: KES 7.8 billion half year profit

08 November 2012, 17:04

Nairobi - Telecom firm Safaricom has rebounded to post a 94 per cent jump in after tax profits in its half-year profits driven by a growing customer base, easing inflation and a stable exchange rate.

Announcing their results on Thursday reported KES 7.8 billion in profits, significantly higher than KES 4 billion made during a similar period last year, Daily Nation reports.

At the time, profit had fallen by more than 47 per cent as Safaricom experienced the ravages of a price war in the Kenyan telecom sector.

- For more visit Daily Nation

Share Print

Read News24’s Comments Policy

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Read more from our Users

Submitted by
Victor Tinto
Uhuru laughs off claims of human ...

President Uhuru Kenyatta has laughed off claims by human rights groups of violations in the ongoing war on terror. Read more...

Submitted by
Millicent Kawii
Obado confident he will avoid by-...

Migori governor Okoth Obado was handed a lifeline in his bid to save his position and hopes it will ensure he avoids the fate of a by election. Read more...

Submitted by
MyNewsKenyaEd
Policeman commits suicide in Nand...

Grief has engulfed a village in Nandi County after a police officer committed suicide in what is thought to be a domestic issue. Read more...

Submitted by
MyNewsKenyaEd
First ever Kenyan Digital Music A...

The East African music awards, hosted by one of the largest online music platforms Mdundo.com is set to take place. Here is a list of nominees for the awards. Read more...

Submitted by
MyNewsKenyaEd
Kalekye Mumo releases new track

Kiss 100’s very own Kalekye Mumo has just released a new track titled I’m OkayRead more...

Submitted by
William Korir
Insecurity, corruption blight Jub...

Insecurity and corruption have been mentioned by the opposition Coalition for Reform and Democracy CORD as the biggest ills of the Jubilee government. Read more...