Safaricom PLC has reported a robust 52.1 per cent rise in group net income to KSh 42.8 billion for the half-year ended September 30, 2025, buoyed by strong growth in its Kenya business and improving performance in Ethiopia.
The company’s Kenya operations continued to anchor the group’s profitability, recording a 22.6 oer cent growth in net income to KSh 58.2 billion, alongside a 9.3 per cent increase in service revenue to KSh 194.0 billion and a 13.1 per cent rise in EBIT to KSh 89.5 billion.
In Ethiopia, Safaricom recorded a 20.1 per cent reduction in losses to KSh 15.5 billion, signaling steady progress despite pricing and currency reform challenges in the new market.
“This is a strong set of results, and a solid start to our Vision 2030 strategy cycle, maintaining our FY26 guidance,” said Peter Ndegwa, Safaricom Group CEO. “We remain focused on executing our strategy through segment-led execution and integrated solutions.”
Beyond its financial performance, Safaricom has deepened its commitment to community empowerment and sustainable growth. The telco recently unveiled the Citizens of the Future program, an ambitious education and digital inclusion initiative that will benefit 500 schools, provide 10,000 scholarships, and reach over 56,000 learners with digital literacy programs over the next five years.
“It has been 25 years of transforming lives through innovation and community empowerment, a journey powered by purpose and collaboration,” Ndegwa noted. “We have transformed the lives of over 22 million Kenyans through the Safaricom and M-PESA Foundations. We remain anchored in purpose, driving sustainable growth and positive change.”
The company has also expanded its social impact footprint beyond Kenya with the launch of the Safaricom Ethiopia Foundation in July 2025. The foundation has committed over ETB 650 million to projects in education, youth empowerment, and economic inclusion, underscoring Safaricom’s ethos of “purpose before profit.”
Safaricom’s performance reflects its continued investment in technology, innovation, and inclusive development as key pillars of Kenya’s and the region’s digital transformation story.