Kenyan Wall Street | by Jackson Okoth
Safaricom Sacco Society made a profit after tax of Sh237.5 million on 31st December 2020. This is compared to Sh208.2 million the previous year.
Members of this Society will receive a dividend payment at the rate of 12% on their savings, similar to 2019 and 7.5% as Interest on Members’ deposits or rebates. During the year under review, Safaricom SACCO increased its issued and paid-up share capital from Sh457.4 million to Sh516.9 million.
In a notice to members, the Sacco said it would hold its virtual AGM on 27th February 2021…
