Business Daily | by Patrick Alushula
Safaricom shareholders’ paper wealth rose by Sh90.1 billion yesterday as investors rushed to buy the company’s shares after it was awarded a licence to enter Ethiopia’s underserved telecoms market.
The telco’s share price closed at a record average of Sh41.75 from Friday’s Sh39.50, giving it a market value of Sh1.67 trillion, the highest since listing at the Nairobi bourse in June 2008…
