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Kenya’s Safaricom shares fall 2.7% following death of CEO

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Kenya’s Safaricom shares fall 2.7% following death of CEO

Nairobi, July 1, 2019 Shares in Kenya’s Safaricom Plc opened 2.7% lower at 27.35 shillings ($0.2672) on Monday, after the telecoms company announced the death of Chief Executive Robert William Collymore after a nearly two-year battle with cancer, Refinitiv data showed.

In May, Collymore, 61, had said he would stay in his position for an extra year.

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