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statementEBIT was KSh 91.14 Bn, up 39.8%, beating forecasts by 7.1%.post authorstatementEBITDA was KSh 129.18 Bn, up 27.5%, beating forecasts by 8.5%.post authorstatementNet Profit was KSh 58.15 Bn, up 35.9%, beating forecasts by 7.1%.post authorstatementSafaricom shares jumped 6.04% to KSh 36.00 after its HY2027 earnings beat analysts' forecasts across five key financial metrics.post authorstatementEthiopia's debt-to-equity ratio increased from 15.9% to 20.0%.post authorstatementSafaricom PLC's cumulative funding contribution rose to US$1.27Bn.post authorstatementTotal funding increased by US$193Mn to US$2.84Bn by September 2026, comprising US$2.37Bn in equity and US$474Mn in debt.post authorstatementOperating free cash flow remained negative at KSh 10.90Bn, despite a 55.8% improvement.post authorstatementSafaricom Ethiopia's net loss excluding minority interests fell 43.2% to KSh 8.80Bn.post authorstatementSafaricom Ethiopia's EBIT loss declined 53.4% to KSh 11.40Bn.post authorstatementSafaricom Ethiopia's EBITDA loss narrowed 96.5% to KSh 0.40Bn, bringing the business closer to breakeven.post authorstatementSafaricom Ethiopia's HY2027 service revenue surged 71.6% to KSh 10.60Bn.post authorpredictionLocal and hybrid infrastructure is increasing in importance as businesses prepare for compliance audits.post authorstatementCertain public-sector systems must also retain data or a copy in Kenya.post authorstatementThe Office of the Data Protection Commissioner's September 2026 guidance treats processing personal data on foreign cloud servers and granting overseas access as cross-border transfers, requiring documented justification and risk assessments.post authorstatementKenya's data protection framework is placing greater emphasis on where companies store and process personal data, including backups and remote access.post authorstatementThe pipeline's final route remains subject to engineering studies and regulatory approvals.Dangote IndustriesstatementPresident Netumbo Nandi-Ndaitwah attended the launch after intervening to resolve administrative delays that threatened the investment.Dangote IndustriespredictionThe storage facility is expected to take 18–20 months to complete.Dangote IndustriesstatementThe storage facility is eight times the capacity of Namibia's existing national oil storage terminal.Dangote Industries
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