Thursday, April 14, 2005

5 billion profit at Safaricom?

Any day now, Safaricom will announce their results for the year ended March 31 2005, and they should be a bonanza. Barclays bank earned 3.7 billion profit last year and East African Breweries made 3 billion. Meanwhile Safaricom was already at 2.7 billion profits after only six months this year - will Safaricom pass the 5 billion profit mark? Maybe.

Good news yes, but bad because they don’t share their good fortune with Kenyan shareholders - unlike Barclays or East African Breweries.


Ms K said...

I love your blog. Incisive and to the point. Just in case you think we're not reading! ;-)

bankelele said...

thank you,

I enjoy your blog too

Anonymous said...

we all enjoy the blog...bookmarked it and everything...check it out daily with my email.sometimes even before my email.


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