Safaricom is at Sh15.75 a share at the NSE, having gained 12 per cent this year and translating to a capitalisation gain of Sh68 billion in the first two-and-a-half months of the year.

Since 2013, Safaricom has enjoyed a price rally that has seen its share price double, resulting in today’s market cap that is more than EABL, KCB and Equity Bank combined.

At Sh630 billion, Safaricom’s market value is equivalent to half of what the Kenya Revenue Authority (KRA) is expected to collect this year, and is nearly twice what Kenya is paying for ongoing construction of the standard gauge railway between Mombasa and Nairobi.

Safaricom 630 billion valuation

And with the chance to grow exponentially still ...

I think we are all in agreement that only unfriendly gvt policies can affect safcom but not competition,it has beaten all hands down,before mj left he was asked about the depressed safcom share price and I can't forget he told people to ignore the price because it doesn't reflect the company's performance that time.the guy went and his words lives.

Why is it bad news? I believe it is good news for investors?

As someone said, if Rudisha keeps winning 800M and smashing world records, should we put more hurdles on his path? Why should we punish success?

The Optimist and the Pessimist are both right. A Half full glass is also half empty!