Its service revenue grew 4.8 per cent to Sh251.2 billion, meaning, it was generating revenues of Sh20.9 billion every month on average or Sh690 million daily. Safaricom net profit jumped 19.5 per cent to Sh74.7 billion for the year ended March 2020, extending its lead as East Africa’s most profitable company. This means that the firm was making profit of Sh6.2 billion every month or Sh200 million every day. Its service revenue grew 4.8 per cent to Sh251.2 billion, meaning, it was generating revenues of Sh20.9 billion every month on average or Sh690 million daily. The company said the profits were mainly driven by M-Pesa revenue, which grew by 12.6 per cent to Sh84.4 billion.

Source: Daily Nation April 30, 2020 11:11 UTC