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Safaricom positive about Ethiopia operations despite war
A member of the Ethiopian military force holds the Ethiopian national flag whilst sitting on the shoulders of newly recruited members of the military during a farewell ceremony for new recruits joining the Ethiopian military force to Tigray, organised by the Mayor in Addis Ababa on July 27, 2021. AFP PHOTO | NMG
Kenyan telecommunication giant Safaricom #ticker:SCOM said on Wednesday the Ethiopia crisis might have a long-term impact on its operations but maintained it was positive about its long-term outlook.
Safaricom expected to break even in the fourth year of its Ethiopia operations, said Safaricom chief executive Peter Ndegwa on Wednesday at a virtual investor briefing.
