A customer conducts a mobile money transfer, known as M-Pesa, at a Safaricom agent stall in downtown Nairobi, Kenya October 16, 2018. REUTERS/Thomas Mukoya/File Photo
Safaricom (SCOM.NR), Kenya’s biggest telecoms operator, expects core earnings to return to growth this year after the coronavirus crisis hit revenue from financial services and calls in the year to the end of March.
Growth will come from a recovery in the company’s financial services platform, M-Pesa, and a focus on increasing 4G network coverage, the company said.
“We are not slowing down investments,” CEO Peter Ndegwa told…
