Collymore’s Sh196m pay shines a light on Co-op, KCB

Safaricom CEO Bob Collymore, Coop Bank's Gideon Muriuki and KCB Group's Joshua Oigara. FILE PHOTOS | NMG

Kenya’s largest and most profitable company, Safaricom #ticker:SCOM, has disclosed that it paid its chief executive, Bob Collymore, Sh196.5 million in the year ended March, shining a light on two banks that paid their bosses much more for running much smaller and less profitable businesses.

Safaricom says in its annual report for the year ended March 2018 that Mr Collymore took home Sh94.32 million in basic salary, a bonus of Sh32.42 million, non-cash benefits of Sh35.64 million and a Vodafone UK share award worth Sh34.09 million.

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