Peter Ndegwa

70 Articles
Peter Ndegwa Safaricom CEO - Safaricom half year profit
BUSINESS

Back to Double Digit Growth, Safaricom Half Year Profit Hits Sh34.bn

Safaricom half year profit strong performance comes on the backdrop of a price reduction in Kenya business allowing customers to do more for...

Safaricom Hook
TECHNOLOGY

3 Ways Safaricom Hook Seeks To Transform Lives Of Young Kenyans

Safaricom today launched Safaricom Hook, a new platform that seeks to empower the youth by leveraging the power of technology.

SMART MONEY

Safaricom Secures Region’s Biggest Sustainability Loan With 4 Kenyan Banks

Safaricom has announced the closure of a multi-billion Sustainability Linked Loan (SLL) to strengthen its Environmental, Social and Governance (ESG) agenda.

safaricom dividend 2023
STOCKS

Safaricom Shareholders Sh48 Billion Richer After Dividend Payout

Safaricom shareholders have approved a final dividend of Ksh0.62 per ordinary share with the dividend payout amounting to Ksh24.84 billion.

Safaricom CEO Peter Ndegwa
SMART BUSINESS

Safaricom Establishes Two New Companies To Invest In Tech Startups

Safaricom shareholders have approved two new subsidiaries, one dedicated to investing in seed-stage and another in growth-stage start-ups.

Safaricom Ethiopia CEO Anwar Soussa leaves
LEADERSHIP

Safaricom Ethiopia First CEO Anwar Soussa Pushed Out

Safaricom is back to the drawing board to find a substantive leader for its Ethiopian subsidiary after it emerged the current CEO, Mr...

Safaricom closed Thursday, May 18 trading at Ksh14.85, down from Ksh15.50 the previous day.
FEATURED STORY

Peter Ndegwa: Why Safaricom Shares Fell to Record Low

From an all-time high of Ksh44.95 per share in mid-2021, the stock has been on a steady downward spiral and touched Ksh13.00 per...

The Safaricom board recommended a dividend per share of Ksh1.20, a 13.7 percent decline from the previous year. [Photo/ Safaricom]
BUSINESSFEATURED STORYMARKETSSTOCKS

Safaricom Net Profit Falls to Ksh52.5 Billion

"This year, we all experienced tough headwinds, including high inflation, a depreciating shilling, severe drought, and failed rain seasons among others," noted Safaricom...

Joshua Oigara - Safaricom
BUSINESS

Former KCB CEO Joshua Oigara Rejects ‘Proposal’ To Join Safaricom

Mr Joshua Oigara has spoken out on the unsolicited proposal by some Kenyans to take over the biggest corporate job in Kenya and...