Safaricom takes hit from Ethiopia biz but stays upbeat on long-term potential
More tumult from Safaricom’s Ethiopian venture as local currency depreciation pummels the Group’s earnings in H1 FY24–25, but Chief Executive Peter Ndegwa keeps eye on long-term prize from growing market.
This article includes:
- Geographic: Ethiopia; Kenya; USA.
- Organisations: Ethio Telecom; M-PESA; Safaricom; Safaricom Telecommunications Ethiopia; Telebirr.
- People: Dilip Pal; Peter Ndegwa; Wim Vanhelleputte.
- Themes: 4G; EBITDA; Ethiopian Birr; GDP; M-PESA
Register for free to continue reading this article
Join the TelcoTitans community and continue reading this article
By registering for a free account, you will get immediate access to the rest of this article, plus:
- Enhanced access to TelcoTitans with three free article views per month
- TelcoTitans Daily and Weekly newsletter briefings
“The detail is very good. Better than we get internally.” – GM, Vodafone OpCo
Want full access to TelcoTitans content? Check out our subscription options.