Safaricom share price hits record high after end of M-Pesa waiver

safaricom plc


Business Daily | by Constant Munda


Safaricom share price has hit an all-time high in post-Christmas trade, pushed by continued demand for its stock after the Central Bank of Kenya ended a waiver on M-Pesa fees for sending up to Sh1,000.

The stock touched an all-time high of Sh34.25 per unit earlier in Tuesday’s trading session before easing to Sh34.05 at the close, according to market data released by the Nairobi Securities Exchange (NSE), largely unchanged from Sh34.10 average price on Monday…

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