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Safaricom signals higher dividend on better-than-expected profit
From left: Safaricom Telecommunications Ethiopia CEO Wim Vanhelleputte, Safaricom Chief Executive Peter Ndegwa and Chief Finance Officer Dilip Pal during the firm's 2023/2024 half-year financial results briefing on November 9, 2023, at Michael Joseph Centre.
Safaricom Plc has signalled a raise in its dividend payout to shareholders under the current financial year after posting a better-than-expected profit for the half year to September despite significant startup costs in Ethiopia.
