Safaricom reported a 52.1% increase in group net income to KES 42.8 billion for the half year ended September 2025, driven by solid performance in Kenya and reduced losses in its Ethiopia operation.
Group service revenue rose 11% year-on-year to KES 199.9 billion, supported by growth in M-Pesa, mobile data and fixed services. The operator said its Ethiopia business continued to gain traction, with customer additions and cost efficiencies helping to narrow losses.
CEO Peter Ndegwa said the results reflect “resilient demand across our core services and continued progress in Ethiopia”, as the company advances its regional growth strategy.
Safaricom added that investment in network expansion and new digital services remains a priority as it works to support Kenya’s digital economy and extend connectivity across its footprint.
