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Wireless

Ex-Safaricom CEO sells half stake in company

Tuesday 23 August 2016 | 09:10 CET | News
Former CEO of Safaricom Michael Joseph has sold half of his shares in the company, Business Daily reported. Safaricom's annual report shows Joseph cut his shareholding in the company for the first time since its listing in 2008, with the sale of 1,178,600 shares as of the end of March. Joseph continues to hold a stake in the firm valued at KES 24.7 million based on the current share price of KES 21 per unit.

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Categories: Mobile & Wireless
Companies: Safaricom
Countries: Kenya
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