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The Standard e-Paper
Kenya's Bold Newspaper
The Standard Group Plc is a multi-media organization with investments in media
platforms spanning newspaper print operations, television, radio broadcasting,
digital and online services. The Standard Group is recognized as a leading
multi-media house in Kenya with a key influence in matters of national and
international interest.
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Safaricom has reported an 18 per cent drop in net profit for the half year to September attributed to set-up costs of its Ethiopian subsidiary, inflation and the recent general election that slowed down consumer spending.
This saw the leading telco's profit after tax for the 2023 half-year stand at Sh Sh30 billion compared to Sh37 billion recorded over a similar period last year.
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