Kenya has many private and public companies, which have in turn served as a source of income for Kenyans, thereby improving the country’s economy.
However, the companies generate revenue depending on their investments and resources, leading to some making more profit than others. In this article, Times Digital Kenya explores the richest company in Kenya and how much it makes in a day, month, and year.
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Richest company in Kenya
When it comes to the richest company in Kenya, telecommunications giant Safaricom tops the list, followed by East African Breweries, the United Nations, KCB, and KRA.
According to statistics, Safaricom is the leading and richest company as of now due to its revenue generation across the country and beyond.
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The Company was first launched in Kenya in1997, has now employed at least 4,500 workers in different sectors.
Who owns Safaricom?
According to Tuko News, Safaricom has several shareholders including the government of Kenya (35%) and South Africa firm Vodacom also having shares of 35%.
How much does Safaricom earn in a year?
According to Safaricom Website, their total revenue for the financial year ending March 31, 2025, was KES 388.7 billion. This means Safaricom made approximately Shs 12,337 every second as customers continued to use their services, such as M-Pesa and airtime purchases.
So how much does Safaricom make in a day?
As the telecommunications company makes approximately Shs 12,337 per second, this means that Safaricom, the richest company in Kenya, makes around Shs 44.4 million per hour, which is an estimated Shs 1.06 billion every day.
How much does Safaricom’s CEO make?
Being the richest company in Kenya, Safaricom CEO Peter Ndegwa earns Shs 88.89 million annually, which translates to around Shs 7.4 million a month. This makes him one of the best-paid CEOs in the country.
