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Safaricom in new plan to clamp down hard on serial defaulters

Safaricom CEO Peter Ndegwa. [Wilberforce Okwiri, Standard]

Mobile operator Safaricom has moved to cushion itself against rising defaults across its product offerings amid economic uncertainty as more Kenyans fall on hard times.

The Standard has learnt that Kenya's most profitable company plans to put up a new debt management tool to rein in serial defaulters.

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