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Role of Sh20 in Safaricom’s billions

Safaricom CEO Bob Collymore. (Photo: Jonah Onyango, Standard)

It might seem like a small amount to spend in a day but Sh20 is what the average Safaricom customer contributed each day to enable the firm to make its astronomical profits.

Safaricom CEO Bob Collymore Wednesday announced that his company made Sh213 billion from its 28 million customer base. M-Pesa and data were the key drivers of the record earnings.

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