Safaricom expat salaries increase to Sh4.5 billion

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Safaricom PLC Chief Executive Officer (CEO), Peter Ndegwa at a past event. FILE PHOTO | POOL

Safaricom’s spending on expatriate staff salaries rose 271.1 percent to Sh4.59 billion in the year ended March, signalling a rise in the number of senior employees drawn from the network of its ultimate parent firm Vodafone Group Plc.

The Nairobi Securities Exchange-listed firm had spent Sh1.23 billion on the expatriates, referred to as secondees, in the prior year.

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