South Africa Highlights
Safaricom highlights | Strong results support guidance upgrade
Key indicator¹
1H24
(KES'bn)
KES
% change
1H24
(R'bn)
Rand
% change
Service revenue
159 136
9.9
21 079
5.2
Key
milestones
Data revenue
29 598
12.6
4 093
7.8
M-Pesa revenue
66 232
16.5
8 777
11.6
EBITDA
79 673
7.6
10 781
5.2
EBITDA (Kenya only)
90 494
13.0
M-Pesa customers ('000)
32 135
3.1
1. The Group's effective interest of 34.94% in Safaricom Group PLC (Safaricom) is accounted for as an investment in associate. Results represent 100% of Safaricom and is for
information purposes only.
M-Pesa
•
Contribution increased to 41.6% of
service revenue from 39.3% in PY
Strong FTTx growth
•
Fixed revenue growth of 9.1%
FTTH customers grew 28.8%
Guidance upgraded
•
Strong 1H supports Kenya upgrade
•
Peak EBITDA losses for Ethiopia
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