Kenya’s largest telecom, Safaricom Plc, has reported a net profit of $354.3 million (Ksh45.8 billion) for the year ended March 2025, representing a 7.3 percent growth from the previous year. The company faced an income tax expense of $384.5 million (Ksh49.7 billion) from its Ethiopian business, which reduced its profit before tax to $720.99 million…...
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Safaricom posts $354 million net profit, seeks satellite internet partners
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.
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