Safaricom pumps Sh601bn into economy in one year

A Safaricom shop in Nairobi:. FILE PHOTO | NMG

Safaricom #ticker:SCOM injected Sh601 billion into the Kenyan economy in the year ended March 2019, making the telecommunications giant one of the single-biggest contributors to the country’s GDP.

The economic contribution came in the form of jobs, value chain opportunities for other businesses, taxes and dividends to shareholders.

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Note: The results are not exact but very close to the actual.