Safaricom PLC is Kenya’s dominant telecommunications and technology services provider, offering voice, data, mobile money (M-PESA), enterprise services, fixed and mobile broadband, and other digital products to customers in Kenya and Ethiopia. It is widely regarded as a bellwether of the Kenyan equity market due to its large market capitalization and systemic importance.

01/09/2026 10:49EST (Last Price 29.35):

Favouring that wave 4 is unfolding, we anticipate further weakness towards the 38.2 Fibonacci level of wave 3 to complete wave 4.