Skip to main content

Safaricom PLC minting Ksh.2010.40 per second according to their financial statement for the year ended march 31st 2019

Safaricom profits 2019
Safaricom PLC is making approximately Ksh.2,010 per second according to their financial report released today in Nairobi.
According to the statement, Safaricom made a profit of 62.49 billion for their financial year ended 31/03/2019, a 17% increase from last year's 45.1 billion.
According to Safaricom's CEO Bob collymore:
The success of our business is heavily dependent on our ability to connect people to people, to knowledge and to opportunities wherever they are in Kenya and the world.
This to me is quite true, many opting to use Safaricom products due to their wide network coverage and innovative products including M-PESA.
Currently Safaricom PLC has a 3G network coverage of 93% and 4G coverage of 57% with an initiative to accelerate their 4G rollout to 5,000 sites within the next 12 months.
Their largest revenue contributors are voice calls and M-pesa, with data stagnating, majorly due to stiff competition from its rivals Telkom and Airtel.
(More details soon)

Comments

Most Popular

Airtel Zawadi points-Everything you need to Know.

Zawadi is a Swahili term for a gift or to reward. Airtel Zawadi therefore is a loyalty program by Airtel Kenya aimed at rewarding its customers for staying loyal to the brand by using their various products and services .  The service closely resembles Safaricom bonga and Telkom Ziada , both also rewarding customers for using their lines to make calls, browse or send SMS as well as transacting on mpesa. How to register for Airtel Zawadi . Initially Airtel was giving it's subscribers an opportunity to register for Airtel Zawadi by dialing *326# and selecting the option for ' registration'.  Then later couldn't see the option to register and when we contacted Airtel they told us new customers we're automatically enrolled to the program on successful registration of their lines so that they could begin earning from their first top up.  However it seems Airtel are not enrolling their Subscribers for the program anymore, and when I tried to check my points balance

Safaricom Bonga Points phones.

  Safaricom's Jisort Na Bonga Points promotion is back and is now live at all Safaricom shops countrywide and online on Masoko.com. This is the first round of this year's Jisort Na Bonga Promotion, a regular Safaricom's promotion that seems to reward it's loyal subscribers with highly discounted devices including Smartphones, Power banks, memory cards, headphones and so much more. Safaricom bonga points phones. One major advantage of Safaricom's Bonga loyalty program as compared to  Airtel Zawadi  or Telkom Ziada is their long list of redeemable products. With Bonga points you can get almost everything including free flights, cement,electronic devices, fuel and even pay for goods and services at selected stores countrywide. There is also a long list of smartphones that you can redeem at any Safaricom shop with Bonga points starting from budget devices to high end smartphones like Samsung Galaxy S series, Note series or iPhones. The phones are grouped into two; t

Telkom Kenya Home Wi-Fi bundle plans and how to get connected 2021.

  Telkom Home is a product that connects homes  with super fast uninterrupted 4G internet. This product targets heavy internet users who would like to stream movies, shows or connect to the internet for whatever reason. Telkom Kenya have been working hard to regain it's position in the Kenyan telecommunications space that has been largely dominated by Safaricom, and in order to remain competitive it has had to come up with some of the best Data deals in the country only rivaled by Airtel and faiba. Telkom home is a great product for homes or Small offices while for businesses there is a different product for them known as Telkom business. If you are living in a Telkom LTE zone, then you can get unlimited internet connectivity at affordable prices. What you need to enjoy Telkom home plans. If you are a new subscriber, then all you need is a 4G enabled router. The router will come with: A 4G SIM card on home profile.(you cannot access home plans on your normal Telkom SIM unless y