Senior Safaricom #ticker:SCOM managers were awarded 16.4 million shares with a current market value of Sh700 million for free in the year ended March as compensation for their past performance.
The employees had cashed out 17.8 million units of stock worth Sh763 million the year before, with the company’s cumulative spending on the share-based compensation scheme standing at more than Sh3.5 billion.
