Safaricom seeks 'critical infrastructure' status for fiber network to save 500 million shillings annually
Safaricom is lobbying for its fiber optic network to be designated as critical infrastructure under Kenya’s 2024 bill, aiming to save 500 million shillings annually by reducing damages and service disruptions.
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Safaricom reports mixed results for H1 2025, faces challenges in Ethiopia, Kenya
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Revenue for the period grew from $61.54 million in 2023 to $82.76 million in 2024, a 9 percent increase.
Craig Arnold makes $24 million from Eaton stake
The recent surge builds on an earlier gain of $43.57 million from Sept. 6 to Oct. 23, when the value of his holdings climbed from $210.04 million to $253.6 million.
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Medhat Khalil loses $2.96 million from Raya Holding
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