Safaricom Shareholders in For a Shock.
“We are relieved to have recovered from the damaging price wars. We are now focusing on customer growth” – Bob Collymore, Safaricom CEO. The company’s shareholders are in for a shock as Safaricom shares may not yield the dividends many are hoping it will. The 94% increase in net income…
Could Shares Have Made you Money This Year?
With 50,000 shillings, just how much would have made from the stock market from late last year? We play out this scenario using a selection of shares.
Safaricom Shares Up Again, Same To Kenya Airways?
Performance in the Nairobi Securities Exchange took another leap forward today. The 20-Share Index closed at 4159.73, up 10.94 points from yesterday. The All-share index followed suite closing at 92.94, up 1.11 point from yesterday. HIGHEST VOLUMES Safaricom was the highest performer with a stunning 7.98 million…
Safaricom Recovers from 3 billion Loss to Post 94% Profit
Safaricom has recovered from a loss of over KES 3 billion to post, what the company Chairman describes as, impressive results. Kenya’s leading mobile phone service provider posted a 94% profit after tax of KES 7.8 billion for the half year ended September 2012 from KES 4 billion…
Safaricom Performance Pushes Stock Price Up
Performance in the Nairobi Securities Exchange was generally better. The NSE 20-Share Index closed at 4148.79, up 27.66 points from yesterday. The All-share index followed suite closing at 91.83, up 0.01 point from yesterday. HIGHEST VOLUMES Kenya Commercial Bank was the highest performer with 3.08…
The Stocks We Are Watching Today
The 20-share index performed better yesterday as it closed at 4121.13 points. The All-share also improved performance and closed at 91.84 points. We shall focus on Kenya Airways and Safaricom Limited. Safaricom is to make an announcement on their results thus far and it could lead to significant changes in…
M-Pesa Loophole Remains Unsealed
. In addition to buying yourself data bundles, the service allows you to purchase bundles for other subscribers using your M-Pesa account.
And that’s where the loophole lies.
Earnings Season
Safaricom Ltd (SCOM) Recently Bob Collymore, Safaricom’s Chief Executive Officer announced a dividend of KES 0.20/share after the he announced SCOM’s KES 18.4 billion in profit before tax for the 2010/2011 financial year.
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