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Safaricom CEO to leave as row erupts over successor: sources

Safaricom CEO Bob Collymore. [File, Standard]

The head of Kenya’s biggest telecoms firm Safaricom plans to step down in August for health reasons, but the government’s insistence he should be succeeded by a Kenyan has delayed announcing a replacement, two company sources said.

Bob Collymore has helped to build Safaricom into East Africa’s most profitable company, thanks to the popular mobile money transfer service M-Pesa and a growing customer base.

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