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Safaricom 2019/2020
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xtina
#651 Posted : Wednesday, November 10, 2021 9:45:25 AM
Rank: Member

Joined: 6/26/2008
Posts: 399
Ericsson wrote:
Phttps://www.businessdailyafrica.com/bd/corporate/companies/safaricom-evacuates-staff-ethiopia-amid-unrest-3612454

Safaricom has evacuated some of its employees from Ethiopia because of armed conflict and civil unrest in what could disrupt the firm’s operations in the populous nation.

Safaricom, whose consortium aims to start operations in Ethiopia next year, got the employees out of the country on Wednesday and Friday.


USG is also delaying the release of USD 500 million to Safcom because of that whole mess. Things are thick and it keeps getting worse.
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Ericsson
#652 Posted : Thursday, November 11, 2021 12:26:26 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
HY Results;
Service revenue grew by 16.9% to ksh.138.43bn
Profit before tax ksh.54.68bn
Profit after tax ksh.37.05bn

Mpesa Revenue grew by 45.8% to ksh.52.3bn
Voice Revenue grew by 3.2% to ksh.41.5bn
Messaging revenue declined by 18.3% to ksh.5.87bn
Mobile data revenue grew by 6.3% to ksh.23.6bn
Fiber to the home revenue grew by 22.9% to ksh.2bn
Fiber to the building revenue grew by 15.8% to ksh.2.9bn

As at 30 September 2021 borrowing stood at Ksh.77bn of which ksh.43bn is for the Ethiopia venture.Safaricom took a one year bridge facility of USD400mn to finance the Ethiopia venture.The company is seeking to term out the bridge facility through a long term debt arrangement so as to manage working capital requirements in the short term and minimize currency risk for the dollar loans.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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kmucheke
#653 Posted : Thursday, November 11, 2021 1:20:34 PM
Rank: Member

Joined: 3/16/2019
Posts: 313
Ericsson wrote:
HY Results;
Service revenue grew by 16.9% to ksh.138.43bn
Profit before tax ksh.54.68bn
Profit after tax ksh.37.05bn

Mpesa Revenue grew by 45.8% to ksh.52.3bn
Voice Revenue grew by 3.2% to ksh.41.5bn
Messaging revenue declined by 18.3% to ksh.5.87bn
Mobile data revenue grew by 6.3% to ksh.23.6bn
Fiber to the home revenue grew by 22.9% to ksh.2bn
Fiber to the building revenue grew by 15.8% to ksh.2.9bn

As at 30 September 2021 borrowing stood at Ksh.77bn of which ksh.43bn is for the Ethiopia venture.Safaricom took a one year bridge facility of USD400mn to finance the Ethiopia venture.The company is seeking to term out the bridge facility through a long term debt arrangement so as to manage working capital requirements in the short term and minimize currency risk for the dollar loans.

Quote:
Betting is now the second-largest business line by revenue under M-Pesa’s payments and betting unit after consumer-to-business (C2B), which generated sales of Sh5.1 billion in the six months to September.


Kenyans place Sh83.2bn M-Pesa bets in six months
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My 2 cents
#654 Posted : Friday, November 12, 2021 1:45:49 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,089
kmucheke wrote:
Ericsson wrote:
HY Results;
Service revenue grew by 16.9% to ksh.138.43bn
Profit before tax ksh.54.68bn
Profit after tax ksh.37.05bn

Mpesa Revenue grew by 45.8% to ksh.52.3bn
Voice Revenue grew by 3.2% to ksh.41.5bn
Messaging revenue declined by 18.3% to ksh.5.87bn
Mobile data revenue grew by 6.3% to ksh.23.6bn
Fiber to the home revenue grew by 22.9% to ksh.2bn
Fiber to the building revenue grew by 15.8% to ksh.2.9bn

As at 30 September 2021 borrowing stood at Ksh.77bn of which ksh.43bn is for the Ethiopia venture.Safaricom took a one year bridge facility of USD400mn to finance the Ethiopia venture.The company is seeking to term out the bridge facility through a long term debt arrangement so as to manage working capital requirements in the short term and minimize currency risk for the dollar loans.

Quote:
Betting is now the second-largest business line by revenue under M-Pesa’s payments and betting unit after consumer-to-business (C2B), which generated sales of Sh5.1 billion in the six months to September.


Kenyans place Sh83.2bn M-Pesa bets in six months


If only that same enthusiasm by the youth could be carried across into the NSE we would have a more vibrant capital market
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Ericsson
#655 Posted : Friday, November 12, 2021 2:03:37 PM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
My 2 cents wrote:
kmucheke wrote:
Ericsson wrote:
HY Results;
Service revenue grew by 16.9% to ksh.138.43bn
Profit before tax ksh.54.68bn
Profit after tax ksh.37.05bn

Mpesa Revenue grew by 45.8% to ksh.52.3bn
Voice Revenue grew by 3.2% to ksh.41.5bn
Messaging revenue declined by 18.3% to ksh.5.87bn
Mobile data revenue grew by 6.3% to ksh.23.6bn
Fiber to the home revenue grew by 22.9% to ksh.2bn
Fiber to the building revenue grew by 15.8% to ksh.2.9bn

As at 30 September 2021 borrowing stood at Ksh.77bn of which ksh.43bn is for the Ethiopia venture.Safaricom took a one year bridge facility of USD400mn to finance the Ethiopia venture.The company is seeking to term out the bridge facility through a long term debt arrangement so as to manage working capital requirements in the short term and minimize currency risk for the dollar loans.

Quote:
Betting is now the second-largest business line by revenue under M-Pesa’s payments and betting unit after consumer-to-business (C2B), which generated sales of Sh5.1 billion in the six months to September.


Kenyans place Sh83.2bn M-Pesa bets in six months


If only that same enthusiasm by the youth could be carried across into the NSE we would have a more vibrant capital market

Not to the NSE but to vote out the current crop of mpigs,governors and senators then the future will be bright for kenya.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#656 Posted : Monday, November 15, 2021 1:05:22 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Safaricom led consortium has signed a deal with China's Huawei for network infrastructure construction for Safaricom Ethiopia.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Ericsson
#657 Posted : Tuesday, November 16, 2021 12:54:00 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
https://www.businessdail...times-to-sh76bn-3619028

That debt will surpass $1bn or ksh.112bn soon
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Queen
#658 Posted : Monday, November 22, 2021 1:38:59 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
37 bob prints. A falling knife. I speak in code.
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  | | Edit by user: Monday, November 22, 2021 2:06 PM | Reason: Not specified
Sir invest
#659 Posted : Monday, November 22, 2021 2:05:48 PM
Rank: Member

Joined: 8/19/2015
Posts: 125
Anyone with the inside information on what is happening at Safaricom??
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Queen
#660 Posted : Monday, November 22, 2021 2:08:29 PM
Rank: Member

Joined: 11/21/2018
Posts: 564
Location: Britain
Sir invest wrote:
Anyone with the inside information on what is happening at Safaricom??


There is no inside information, everything is in the public domain. After Safaricom entered the Ethiopian market, civil strife happened.
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  | | Edit by user: Monday, November 22, 2021 2:09 PM | Reason: Not specified
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