Ernst & Young (EY)'s fees from auditing Safaricom doubled to Sh125.3 million in the financial year ended March, setting record earnings by an audit firm from a listed company in Kenya.
Safaricom's annual report covering the financial year ended March 2023 shows expenses towards auditor’s remuneration rose by 69.2 percent from Sh62.2 million, coming in the period the telco launched commercial operations in Ethiopia.
