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Kiosk economy: How small traders fuelled Safaricom’s Sh100b profit

Standard Business · May 12, 2026 at 03:00 · 8h ago
Kiosk economy: How small traders fuelled Safaricom’s Sh100b profit
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📋 Summary 52 words
Safaricom's record Sh99.7 billion profit was driven largely by Kenya's informal "kiosk economy", with millions of small traders using M-Pesa till numbers and digital lending services. Safaricom's record Sh99.7 billion profit was driven largely by Kenya's informal "kiosk economy", with millions of small traders using M-Pesa till numbers and digital lending services.
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