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Originally published by The Standard BusinessMay 8, 2026
6h ago
Mpesa drives growth as Safaricom hits record Sh99.7b profit
M-Pesa remained the key driver of revenue performance in the period, contributing 59.2 per cent of total revenue growth, expanding its revenue mix to 45.6 per cent. ..
✨ Key Highlights
Safaricom has announced a record net profit of Sh99.7 billion for the financial year ending March, marking another year of top performance.
- Sh99.7 billion net profit achieved.
- Key player: Safaricom, East Africa's most profitable company.
- Driving force: The company's mobile money service, M-Pesa, is credited with fueling this growth.
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