BusinessKenya Business News2 months ago33 Views


Safaricom finds itself under scrutiny regarding its strategic approach in Ethiopia, particularly as it navigates the complex landscape of share pricing. Stakeholders have raised questions about the pricing mechanisms for its share sale, reflecting wider concerns over local participation in what is being touted as one of the most significant mobile network expansions in Africa.
The telecom giant emphasizes its long-term commitment to the Ethiopian market, citing investments aimed at enhancing connectivity and service delivery in the region. Safaricom’s leadership believes that, despite short-term challenges, the company’s strategy will ultimately benefit local consumers and stakeholders.
As the share sale launches, the balance between local engagement and investor confidence will be crucial for maintaining momentum amid the competitive telecommunications landscape in Ethiopia.



