Bob Collymore – image c/o Safaricom
Safaricom shares fell the most in four months after East Africa’s biggest company by market value said profit growth will slow even as the wireless carrier expands its popular mobile banking service.
Earnings before interest and taxes will rise by as much as 9% in the year to March, compared to a 13% increase in the prior period, the Nairobi-based company said in a statement …
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This article originally appeared here: https://techcentral.co.za/safaricom-slides-on-weaker-earnings-outlook/89367/
