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Nov 12 • 4 tweets • 3 min read
.@SafaricomPLC's net profit for the six months ended September fell by 10% to Sh33.5B on the impact of a cut on the mobile termination rate (MTR) and higher costs associated with the entry into Ethiopia. - @BD_Africa

#SafaricomHYResults
Total revenue rose by 4.6% to Sh153.4B in the period, helped by an 8.7% increase in M-Pesa revenue to Sh56.9B, and an 11.3% jump in data earnings to Sh26.3B.
#SafaricomHYResults
Voice revenue fell by 3.8% to Sh39.9B, while total costs rose by a third to Sh31B, largely on the back of the firm's investment in its new Ethiopia subsidiary @SafaricomET

#SafaricomHYResults
#SafaricomHYResults: @SafaricomPLC half-year profit drops by 10% to KSh33.5B due to a reduction on the mobile termination rates by the regulator and the @SafaricomET associated costs bit.ly/3UyoG2I by @BD_Africa

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More from @mmnjug

mmnjug™ Profile picture
Nov 12
Police in Kisii are holding a man suspected of killing his mother in a tussle over ugali. bit.ly/3g2M9Kr
Police in Murang'a are holding a woman suspected of killing her four-year-old baby so as to be free to fly out to Saudi Arabia to work as a domestic helper. bit.ly/3Tpy2fS
A man in Mombasa County who stabbed an eight-year-old boy several times, leading to his death, was beaten up and his body set on fire by an irate mob. bit.ly/3WWY64N
Read 12 tweets
mmnjug™ Profile picture
Nov 12
The sentencing of three police officers and a civilian found guilty of killing a lawyer and two other people six years ago has been pushed to December 16 as the judge responsible is away. - @NationAfrica
This came as one of the accused officers, Stephen Cheburet, complained of ill health and bad prison food.
Cheburet wants the court to direct @kenyaprisons authorities to serve him milk, potatoes and cabbage.
Justice Jessie Lessit, now a judge of the Court of Appeal, found them guilty of killing rights lawyer Willie Kimani, his client Josephat Mwenda and taxi driver Joseph Muiruri on June 23, 2016.
Read 4 tweets
mmnjug™ Profile picture
Nov 12
Details are now emerging of the plot that culminated in the demolition of Niraj Shah’s home and the eviction of his family from their land in Nairobi. - @NationAfrica
Investigations by @NationAfrica now reveal that the scheme to kick out Mr Shah, a Kenyan of British origin, and his wife, Avani, a Kenyan citizen, started in 2015 when suspected fraudsters halted the issuing of a land rate receipt to Shah, 54.
It was set in motion last week when senior @NPSOfficial_KE officers slapped the family with a fake court order.
Read 25 tweets
mmnjug™ Profile picture
Nov 11
Coming up in a few: @SafaricomPLC announces their Half Year results.

#SafaricomHYResults
Live on YouTube: bit.ly/3UAimrG
.@SafaricomPLC Board chairman John Ngumi

#SafaricomHYResults
Live on YouTube: bit.ly/3UAimrG
Issues affecting results:

Ukraine war
Drought in Kenya
50/- fee on SIM cards. - @SafaricomPLC Board chair John Ngumi

#SafaricomHYResults
Live on YouTube: bit.ly/3UAimrG
Read 20 tweets
mmnjug™ Profile picture
Nov 10
Among the very first red flags that SGR project was to be bulldozed by all means necessary despite its huge economic ramifications was the exclusion of key players in government from its planning. - @NationAfrica
For a project of its magnitude, public participation would have been a natural pre-requisite, considering that the government had to acquire large tracts of land and the railway would cut through towns and villages, affecting many livelihoods.
This was not even the most shocking aspect of the secrecy of the project that would saddle Kenyans with a Sh417B debt to China for the Mombasa-Nairobi leg alone.
Read 34 tweets
mmnjug™ Profile picture
Nov 10
Kenya and Pakistan have differed on how journalist Arshad Sharif met his death. - @NationAfrica
While @NPSOfficial_KE say the shooting was a case of mistaken identity, a Pakistani government official said the incident is being treated as murder, though he added that investigations are ongoing.
The Independent Policing Oversight Authority @IPOA_KE said yesterday that investigations show police officers were involved in the killing.
Read 11 tweets

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