Kenya’s listed telecommunications company Safaricom Plc spent less in the year ended March 2024 on its expatriate staff by 17.7 percent to $36.8 million. This is a signal that the company’s reliance on senior specialists drawn from its parent firm’s (Vodafone Group Plc) is shrinking. The drop in the expats’ pay and other administrative costs…...
Trending
- Daily African Financial Markets
- Astana-Muscat: when the Gulf and Central Asia invent a new financial corridor
- Burkina Faso: the 2027 budget under the banner of “economic sovereignty”
- Mauritania: Explosive conclusions of Ousmane Kane’s report on power cuts
- France: Bally Bagayoko, the icon of the living people and the dead kings
- Morocco: 2.2% increase in net banking income of Salafin company in the first half of 2026
- Morocco: 8.47% Increase in Maghreb Oxygène’s Consolidated Revenue in the First Half of 2026
- FAGACE Institute’s Executive Program: African financial expertise serving performance
Kenya: Expatriates staff costs in Safaricom falls 17.7 percent
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com