Vicious battle for slice of Safaricom tender billions

Safaricom Limited Chief Executive Officer Bob Collymore during the company's 2015 full year financial results announcement at Safaricom House in Nairobi on May 11, 2016. This week, it was battling an image problem after a leaked forensic report by audit firm KPMG indicated that all was not well in the management of the company. PHOTO | SALATON NJAU | NATION MEDIA GROUP

What you need to know:

  • Mr Collymore acknowledges that the KPMG report was “illegally obtained”, an indicator of the vicious battles that are going on.
  • Safaricom has set aside Sh72 billion this year to maintain its brand image and drive more customers to its side. This money is for both operations and capital expenditure.
  • Actually, Safaricom paid Scanad Sh2.1 billion for the said services, which informs the rising temperature on the three fronts.

If today you Google the word Safaricom, Scanad and Transcend Media, you will instantly be thrown into a battlefield where bloggers and other social media drivers are taking potshots at each other.


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