Safaricom shareholders approve Sh80.1bn dividend
The approval was granted at the company's 18th Annual General Meeting, where shareholders backed a final dividend of Sh1.15 per share, bringing the total dividend for the year to Sh2.00 per share, including an interim dividend of Sh0.85 paid in March...
✨ Key Highlights
Safaricom shareholders have approved a record-breaking dividend of Sh80.13 billion for the financial year ended March 2026. This follows a period of strong financial performance and anticipation of profitability from its Ethiopian operations.
- The approved dividend is the largest in the company's history, representing Sh2.00 per share in total for the year.
- The decision was made at the 18th Annual General Meeting, with key figures including Safaricom Group Chief Executive Officer Peter Ndegwa and Board Chairman Adil Khawaja.
- Shareholders also approved a change in ownership, with Vodacom Group now holding 55% of Safaricom.
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Taifa Gas Launches East Africa's Largest LPG Terminal in Mombasa - August 2026
Tanzania's Taifa Gas is nearing the launch of its Sh16 billion LPG terminal in Mombasa, which will become East Africa's largest cooking gas facility and significantly alter the regional market. Meanwhile, Safaricom shareholders have approved a record-breaking dividend of Sh80.13 billion for the financial year ended March 2026, following strong financial performance and anticipation of profitability from its Ethiopian operations. Additionally, Centum Investment Company announced a total dividend payout of Sh521 million for the same financial year, boosted by a significant special distribution from recent investment exits.
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