Nairobi, Sept. 16 -- Safaricom's chief executive Peter Ndegwa and chief finance officer Dilip Pal have taken an additional 9.24 million shares in the telecommunications firm with a market value of Sh337.3 million, raising their holdings in the Nairobi Securities Exchange-listed company to Sh865.1 million.

The duo is among the beneficiaries of Safaricom's share-based compensation plan where managers are awarded the telco's stocks for free.

Published by HT Digital Content Services with permission from Business Daily....