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Safaricom valuation hits Sh1tr mark

Safaricom CEO Dr Peter Ndegwa during the official launch of Taasi, a credit term product by Safaricom’s M-PESA at Safaricom HQ in Nairobi. May 23, 2025. [Wilberforce Okwiri, Standard]

Safaricom Plc’s valuation at the Nairobi Securities Exchange (NSE) crossed the psychological barrier of the Sh1 trillion mark on Thursday last week, after its share price crossed Sh25.5 in inter-day trading on the bourse, adding Sh266 billion of shareholder wealth.

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