Safaricom CEO Dr. Peter Ndegwa credit efficiency to strategic investments in know-how, enlargement into Ethiopia, and a diversified digital providers portfolio.
Group Earnings Earlier than Curiosity and Taxes (EBIT) rose sharply by 29.5 per cent to KES104.1 billion.
Telco to pay shareholders a complete of KES48.08 billion in whole dividend for the 12 months.
Nairobi-based Safaricom has made regional enterprise historical past, turning into the primary firm in East Africa to submit over $3 billion in annual income. The corporate’s whole earnings rose by 11.2 per cent to KES388.7 billion for the monetary 12 months ending March 31, 2025, pushed by strategic investments in know-how, enlargement into Ethiopia, and a diversified digital providers portfolio.
The telco big’s web revenue surged by 10.8 per cent to KES69.8 billion, marking one in all its strongest monetary years but. As a reward to shareholders, the corporate introduced a ultimate dividend of KES0.65 per abnormal share, including to an interim dividend of KES0.55, bringing the full dividend payout for the 12 months to KES48.08 billion.
“These outcomes aren’t nearly previous efficiency—they mirror the long run we’re constructing as Africa’s main purpose-driven tech firm,” stated CEO Dr. Peter Ndegwa throughout an investor briefing.
The outcomes mark the conclusion of Safaricom’s five-year strategic cycle, which noticed the corporate bear a big transformation from a conventional telecom operator to a fully-fledged know-how firm. With heightened give attention to digital innovation, Safaricom has embedded know-how into each side of its operations, from buyer expertise to monetary providers and social affect.
This shift has not solely helped drive income but additionally elevated the corporate’s relevance in a quickly evolving market, particularly as digital options develop into extra central to African economies.
Group Earnings Earlier than Curiosity and Taxes (EBIT) rose sharply by 29.5 per cent to KES104.1 billion, underlining the effectivity and profitability of the corporate’s new working mannequin.
Safaricom Ethiopia operations present sturdy promise
A significant development spotlight was Safaricom’s Ethiopia operations, which contributed almost 10 per cent to the group’s whole income. The Ethiopian subsidiary doubled its buyer base to eight.8 million and now operates greater than 3,141 cellular websites.
Whereas nonetheless in its early phases, the Ethiopian enterprise has seen exceptional traction. Safaricom Ethiopia now has 2.8 million energetic M-PESA customers, who transacted over KES20.6 billion through the 12 months. Administration indicated that the enterprise has exited the height funding section and is projected to show worthwhile by FY 2027.
The entry into Ethiopia, Africa’s second-most populous nation, is seen as a daring however strategic transfer that would considerably increase Safaricom’s long-term development trajectory.
M-PESA and cellular information energy Kenya revenues
In its residence market of Kenya, service income grew by 10.5 per cent to KES364.3 billion. M-PESA, the corporate’s flagship cellular cash platform, generated KES161 billion—accounting for 44.2 per cent of the full service income. The 15.2 per cent year-on-year development in M-PESA revenues displays its increasing function past easy peer-to-peer transactions into areas like wealth administration, financial savings, and credit score.
The connectivity section additionally grew steadily, with income rising 6.5 per cent to KES185.2 billion. Cellular information was a significant driver, growing by 15.2 per cent to KES72.9 billion, fueled by increased 4G smartphone penetration and growing information consumption. Voice providers, surprisingly, additionally confirmed a modest 1.6 per cent uptick to KES80.8 billion—defying world declines in voice site visitors.
Social affect on the core
Past monetary efficiency, Safaricom’s group affect remained a cornerstone of its technique. Over the previous 5 years, the corporate has invested greater than KES18 billion in packages centered on schooling, well being, environmental sustainability, and financial empowerment.
Dr. Ndegwa emphasised that objective stays central to the corporate’s evolution: “We’re coming into a brand new section of development, and we are going to proceed harnessing innovation for social good whereas shaping the way forward for Kenya, Ethiopia and past.”
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