the market telco market mover giants have lost 16%,22% and 38.9% in the last 3,6 and 12 months while averaging kes 16.57,kes 16.49 and kes 20.04 respectively. The safaricom launched its M-pesa mobile services in Ethiopia on 16th August which is perceived to be the game changer based on revenue growth.

EABL has not been sidelined either as far as company growth performance is concerned owing to increased inflation which its sales revenue dwindle.Its shares price for the last one year,its highest and lowest price being kes 150 and kes 129 respectively.We expect the share price to go up now that inflation is steadily lowering which will increase later on revenue.So this is your opportunity to buy their share price given that its dividend totalling kes 5.5 was paid compared to last year which was issued at kes 7.25 per share in the year 2022

Equity Bank Group

It is currently trading at 36.65 on 27th Sep 2023 and has lost 2.3%,12.6%,18.6% in the last 3,6 and 12 months respectively.While averaging kes 40.01,kes 40.69 and kes 42.86 per shares same period respectively.It has achieved profit tremendously attributed by interest income and non-funded income when it comes to lending.Its subsidiary revenue contribution has jumped from 31% to 45% which indicates better penetration in Eastern African Market. Dividend of kes 4 per share is expected to remain that way which in turn we expect to push the share price upwards.

better avenue for new investors growth and opportunity in the long-run.Despite safaricom having a decelarated growth in economic performance this is due to having high operating expenses emanating from Ethiopia subsidiary set up.We expect the Ethiopia to counter these financial adverse ratio and return on investment in the long-run