[kictanet] Secrets of Safaricom’s Sh25bn profit and huge market share

[Grace Githaiga]

N SUMMARYSmall investors hold a 25-per cent stake in the company, Vodafone Plc of the United Kingdom has 40 per cent and the Kenyan government owns 35 per centThe company’s total revenue stood at Sh124 billion (from Sh107 billion in 2012), meaning it has an average daily income of Sh336 million. This is the biggest daily turnover in Kenya and the region, according to Safaricom chief executive Bob CollymoreSafaricom was launched as a department of Kenya Posts & Telecommunications Corporation based on an analogue network
http://www.nation.co.ke/business/news/Secrets-of-Safaricoms-super-profit/-/1006/1856692/-/f90eal/-/index.html 		 	   		  
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