Weekly Markets Update | Jump in Equity's Q3 Profit, Safaricom's Decline and Uber's First Ever EBITDA Adjusted Profit

<p>Last week, the Safaricom stock took a beating, declining by 6.07% to Ksh 40.20 following worsening conditions in Ethiopia and US DFC's delay in disbursing the $500million to finance its Ethiopia entry. Equity Group reported an 85% jump in Q3 profit before tax to Ksh 36.6 Billion from Ksh 19.7 billion in Q3 2020. Globally, &nbsp;Uber reported its first-ever EBITDA adjusted profit of $8 million.<br> <br> Listen to this episode to find out what's dragging Safaricom's share price, the details behind Equity's Profit jump and why BK Group is trailing, despite the positive Q3 results. <br> <br> Tune in to all our podcasts directly through the Hisa App on <a href="https://play.google.com/store/apps/details?id=com.kenyanwallstreet.hisa" rel="ugc noopener noreferrer" target="_blank">Android</a> or <a href="https://apps.apple.com/gb/app/hisa/id1534940452" rel="ugc noopener noreferrer" target="_blank">iOS</a>, or subscribe to the Kenyan Wallstreet podcast wherever you listen from.<br> <br> This episode features:<br> Felix Ochieng - Chief Financial Analyst, Hisa<br> Production by Mwakaneno Gakweli</p>