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Safaricom Chief Executive Officer (CEO) Bob Collymore, who has been away on a medical leave for several months has announced his return to the mobile service provider.
In a video shared to staff and shareholders on Wednesday, Collymore announced the firm had posted a 14.1 per cent jump in net income, adding that he's waiting to be given a clean bill of health by his doctors before he travels back to the country soon.
Collymore, who travelled to the United Kingdom for treatment in October last year, said his health condition has improved tremendously.
"I look forward to being back in action in Nairobi soon," the CEO said as he announced the increase in revenue to Sh224.54 billion.
The telcos income grew by 14.1 per cent to Sh55.29 billion for the year that ended March 31st, compared to Sh48.4 billion in the previous year.
"To achieve these results, we sharpened our focus on putting our customers first, delivering relevant products and services and organisational effectiveness," Collymore said.
"[This] strategy was exceptionally executed considering the challenging business climate last year."
Speaking when he presented the results on Wednesday, Safaricom Chief Finance Officer Sateesh Kamath said the company's board had recommended a dividend of Sh44.1 billion, a jump by 13.5 per cent form the previous year. It will be paid at Sh1.10 a share.
"In 2019, we look to drive long-term shareholder value by deploying next-generation network services, leveraging data analytics and segmentation, guided by our purpose of transforming lives to turn innovative ideas into realities," Finance Director Sateesh Kamath said.