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

Telkom 4G CPE router. Connect your home, business or office with secure high speed internet.

Do you want to connect your office or business premises with internet and probably looking for a router that will give you fast, stable secure and affordable internet? Telkom CPE router could be the exact device you have been looking for. With its simplicity and multiple connection options, it gives you strong secure high quality internet without any complications or hiccups. It's a pluck and use WiFi router. And Telkom's affordable data bundles makes this router stand out among it's close competitors. The router can support up to 32 users at a go either through WiFi or LAN, for either internet browsing or voice calls, making it ideal for SME's, cyber cafes, offices and home. Since it's rebranding from orange, Telkom Kenya   has been restructuring itself in order to regain it's place as the market leader when it comes to internet service provision in the country and the region at large. To achieve this, Telkom has been heavily investing in upgrading it's inf

Unbeatable Prices And Speeds: Zuku internet Plans, Packages Prices And Coverage.

Zuku, a brand under Wananchi Group LTD is one of the leading  Fixed internet providers  in the country and the entire East African region. It provides fixed internet services for homes and offices, Digital Satellite TV  as well as digital telephony services. In Kenya Zuku have a wide network coverage in Nairobi, parts of Mombasa and Nakuru with more areas within these regions added now and then in order to keep expanding their reach and connect more people to unlimited home internet. Zuku is mostly preferred for it's wide range of home internet packages which are highly affordable compared to other such service providers. According to the Fourth quarter Sector Statistics Report for the financial year 2019/2020(April-June 2020) by the Communications Authority Of Kenya, Zuku came second after Safaricom in the fixed internet category with 201, 605 connected customers being 32.5% of the market share, 1% behind the market leader Safaricom with a market share of 33.5%. Some key Features

How To Buy Safaricom Tunukiwa Offers including Minutes, SMS And Data.

Safaricom Tunukiwa daily  has now become part and parcel of Kenyan life and many Safaricom customers have embraced it due to it's  high affordability as compared to normal rates be it on data, SMS or call minutes. For instance, instead of buying 150 Mbs at ksh.50 daily you can get Tunukiwa 180 Mb daily at the same price. What are Tunukiwa Bundles? Tunukiwa is a Swahili term for 'rewarded'. Safaricom Tunukiwa, therefore, is one of the many Safaricom' s loyalty programs aimed at rewarding their customers for staying loyal and using Safaricom products and services. Others are : Safaricom bonga.  Allows you to earn bonga points when you buy various Safaricom products and services. You can later on redeem the points for various goods and services including Bonga Points Phones . Storo bonus. where you get free airtime to be used for SMS and calls once you reach your daily storo target. Tunukiwa was introduced in April 2017, immediately after Airtel Kenya launched a produ