Thread by @SafaricomPLC

.@PeterNdegwa_ I want to highlight some of the key impacts on our business from the pandemic that continue to inform our assumptions.
#SafaricomHYresults #TwendeTukiuke

.@PeterNdegwa_ The most immediate and dire impact continues to be how the pandemic will play out in Kenya, its economy and the consumer wallet especially with the recent spike in the infections being recorded in the country. #SafaricomHYresults #TwendeTukiuke

.@PeterNdegwa_ The second is when we resume charging on M-PESA, and the third is the consumer behaviour regarding elasticity on pricing when we do return to charging.#SafaricomHYresults #TwendeTukiuke

.@PeterNdegwa_ In view of this, we expect EBIT to be in the range of 91-94 billion Kenya Shillings, a decline of 10.5 to 7.5 percent.#SafaricomHYresults #TwendeTukiuke

.@PeterNdegwa_ We expect CAPEX to remain in the range of 35-38 billion shillings, with this year’s spend remaining largely in line with the previous years in absolute terms. #SafaricomHYresults #TwendeTukiuke