Safaricom PLC provides telecommunication services in Kenya and Ethiopia. The company offers voice, mobile and fixed data, messaging (SMS), and M-PESA financial services, as well as internet for business; internet of things; and cloud services. It also provides Kifaru Net; and value-added services, such as Skiza Tunes, a ringback tunes service; Bonga points, a loyalty points programme; Stori Ibambe, a platform for mobile content creators; and device products. In addition, the company offers corporate postpay and value pack; Zidisha Plus; Shiriki Postpay and Prepay; bulk date, airtime and SMS; Biashara Smart; sponsored data; and education data pass. Further, it provides mobile and home internet; domain and hosting, google workspace, microsoft 365, virtual server, AWS services, and backup and disaster recovery; business training, network and professional services, protection and cloudflare services; vulnerability assessment, SSL certificates, mobile device management, business surveillance; and server colocation services. Safaricom PLC was incorporated in 1997 and is based in Nairobi, Kenya.
Q4 2025 is off to a flying start with record highs being printed left, right, and center. US and Japanese stocks made fresh new highs, while the gold price powered through $4,000 for the first time, and Bitcoin crossed the $126k level. Is this all a case of USD weakness, irrational exuberance, or solid fundamentals? This week, we are reviewing Q3 market performance, Q2 earnings season, and the outlook heading into the end of 2025…
Over the last 7 days, the market has dropped 3.3%, driven by a pullback of 6.2% in the Communication Services sector. In contrast to the last week, the market is actually up 60% over the past year. Earnings are forecast to grow by 23% annually. Market details ›