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Safaricom to focus on expanding M-Pesa, says interim CEO

Michael Joseph, Interim CEO Safaricom (PHOTO: FILE)

The interim CEO of Safaricom said he would focus on expanding the firm’s mobile financial services business M-Pesa beyond Kenya.

Michael Joseph took over the helm of East Africa’s most profitable company, which is part held by South Africa’s Vodacom and Britain’s Vodafone, this month after the death of long-serving boss Bob Collymore.

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