Safaricom injects Sh315b into economy, KPMG report shows

Safaricom CEO Bob Collymore

Safaricom generated Sh315 billion in revenues during 2014/15 financial year. Global consultancy firm KPMG in a new report that quantifies the value of the mobile service provider said the amount accounted for 6 per cent of the Gross Domestic Product.

“The True Value report aims to discover an organisation’s value to both the economy and society beyond traditional financial reporting. It allows companies to identify how business leaders can better understand the impact their organizations have on an economy,” said Neil Morris, Director, KPMG.