Safaricom to be paid Sh440m every year

President Kenyatta, Cabinet Secretary Joseph ole Lenku (right) and Safaricom CEO Bob Collymore during a briefing on the implementation of an Integrated Public Safety and Security System on May 14, 2014. PHOTO | PSCU

What you need to know:

  • Safaricom chief executive officer Bob Collymore and other bosses from the firm were Wednesday grilled by the National Assembly’s Committee on Administration and Security, for two hours, on the feasibility of the billion-shilling project and why the company was single sourced for the tender.
  • The project has attracted controversy after it was revealed that Kenya’s biggest telephone company had been single-sourced to develop the system.

The Treasury will pay Sh440 million yearly to Safaricom for maintenance of security surveillance system for five years once it comes into operation.

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