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Meria

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Safaricom Records KES 250.35 Billion Service Revenue In Tough Financial Year

Safaricom (NSE: SCOM) has recorded a flat growth in the financial year ending March 2021 despite the tough economic conditions triggered by the covid19 pandemic. During this period, Safaricom enabled Kenyans to reduce the impact of the pandemic by waiving fees for transactions below a KES 1,000, which saw free transactions worth KES 4.4 billion processed. Service…

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Safaricom Records KES 250.35 Billion Service Revenue In Tough Financial Year

Safaricom (NSE: SCOM) has recorded a flat growth in the financial year ending March 2021 despite the tough economic conditions triggered by the covid19
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This guy has had a very good year, He got the best job in kenya during the pandemic, He has the highest recognisable salary in Kenya he will even get an award from KRA because of his taxes....plus he only work is to manage politics...the business will still grow either way
 
The.Black.Templar said:
This guy has had a very good year, He got the best job in kenya during the pandemic, He has the highest recognisable salary in Kenya he will even get an award from KRA because of his taxes....plus he only work is to manage politics...the business will still grow either way
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Safaricom has recorded a 6.8% drop in full-year to March 2021 net profit to hit Sh. 68.7 billion, blaming it on free M-PESA transfers during COVID; Now to pay Sh. 0.92 final dividend.

Service revenue hit Sh. 250.35 billion with mobile data business growing by 11.5%
 
The.Black.Templar said:
But that is not a true reflection kwa ground, James Mwangi anacheza kiyeye chini ya maji
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Eeeh coz hii ni mshande, not dividends za shareholder kama yeye. Kuna CEOs especially mayolo who opt for the One-dollar salaries that are used in situations where an executive wishes to work without direct compensation, but for legal reasons must receive a payment above zero, so as to distinguish them from a volunteer.
 
mzeiya said:
Eeeh coz hii ni mshande, not dividends za shareholder kama yeye. Kuna CEOs especially mayolo who opt for the One-dollar salaries that are used in situations where an executive wishes to work without direct compensation, but for legal reasons must receive a payment above zero, so as to distinguish them from a volunteer.
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Like former google founders. Larry Paige and Sergy Brin. My fellow Jews.
 
Aviator said:
Porojo isiyo na msingi.
James Mwangi got over 230m in salary over the past year. His dividend is in the tune of ½bn annually.
So the above no story za mogoka base.
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Quoted figures were for mshande ya 2019.
Jana it was revealed that he earned 213M (17M monthly) which would still place him in 3rd.
Besides, pesa ya wenyewe ilete porojo kwa nini :LOL:
 
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