Bob Collymore's contract at the helm of Safaricom has been extended for another two years. The contract was due to expire in August after it was extended for another two years in May 2015. Chairman Nicholas Ng'ang'a said the board reached the decision so as he helps steering company on a growth trajectory. "He has successfully navigated the company through very difficult times," Ng'ang'a said on Thursday morning. Collymore joined Safaricom as CEO in August 2010 from UK's Vodafone, which controls 40 per cent stake in Safaricom.

Source: The Star May 10, 2017 05:24 UTC