Safaricom is the Kenyan mobile operator and the largest telecommunications provider in Kenya and the most profitable in East and Central Africa region. It has great services as money transfer,savings and loan applications.
According to Tuko.ke post on facebook safaricom shares have dropped below 1 trillion for the first time on Nairobi Security Exchange ( NSE). The shares that traded at Ksh. 38:15 had dropped to Ksh. 24.45 per share.
Due to poor performance,safaricom recorded a paper loss of 82% since the start of the ye Due to inflation problem affecting most countries,this has forced even Central Bank to raise it's interests.
Most companies that rely on Safaricom for their operation have been hardly hit by the inflation problem giving rise to fuel and foodstuffs.
What do you think about Safaricom since everything seems to be dropping? Will we continue using Safaricom just for money transfer? Kindly give your views and share.
Source link
https://www.facebook.com/438216603021915/posts/pfbid02Qs9urh1F7EgBBERFGc8Ze5BhZcShzvSY1moTCR2pkVdGdTHCfuU5LHTgvJ4VwRvSl/?app=fbl
Content created and supplied by: CayPol (via Opera
News )
Opera News is a free to use platform and the views and opinions expressed herein are solely those of the author and do not represent, reflect or express the views of Opera News. Any/all written content and images displayed are provided by the blogger/author, appear herein as submitted by the blogger/author and are unedited by Opera News. Opera News does not consent to nor does it condone the posting of any content that violates the rights (including the copyrights) of any third party, nor content that may malign, inter alia, any religion, ethnic group, organization, gender, company, or individual. Opera News furthermore does not condone the use of our platform for the purposes encouraging/endorsing hate speech, violation of human rights and/or utterances of a defamatory nature. If the content contained herein violates any of your rights, including those of copyright, and/or violates any the above mentioned factors, you are requested to immediately notify us using via the following email address operanews-external(at)opera.com and/or report the article using the available reporting functionality built into our Platform
See More
COMMENTS