Safaricom gets 25-year licence, pays Sh16bn fees

 Safaricom PLC headquarters in Westlands, Nairobi.

Photo credit: File | Nation Media Group

Safaricom Plc's spending on licences in Kenya rose by Sh1.7 billion for the financial year ended March 2026, as the firm secured a 25-year extension to its operating licence.

Disclosures from the listed telecoms operator show that direct costs on licence fees increased to Sh16.38 billion in the period from Sh14.66 billion previously.

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