Safaricom (NSE: SCOM) has been named the ‘Best Managed Company in Kenya’ by leading market analysts.
Euromoney Magazine awards its Best Managed Companies ranking based on a survey of market analysts at leading banks, consultancy firms and research institutes around the world.
As a well-respected global business publication, Euromoney has been writing about macro-economics, global bank, equity and debt since 1969. The title is the flagship magazine of Euromoney Institutional Investor PLC.
For this year’s awards, polling took place between 26th February- 3rd July.
The annual survey rewards companies with the most convincing and coherent business strategies, ranking them by region, by industry and country.
Respondents are asked to nominate the top five listed companies in each of the main survey categories, bearing in mind market strength, profitability, growth potential, quality of management and earnings.
For the award in which Safaricom emerged the winner, respondents were asked to nominate the top three listed companies in each of the following categories:
- Most convincing and coherent business strategy
- Best system of corporate governance
- Most accessible senior management
- Most transparent financial accounts
- Best for shareholder value
- Most useful and informative website
- Most improved performance
- Best newly listed company
Learn more about the award.