And, according to the news agency, plans to appoint a successor have been delayed because the Kenyan government is insisting the new CEO should be Kenyan. The operator's board had apparently identified a replacement for Collymore, an "unidentified foreign national from within the Vodafone group," according to Reuters, but the government objected.
Current Safaricom CEO Bob Collymore.
Saraficom issued a statement on Tuesday morning that was attributed to chairman Nicholas Nganga, but it failed to clarify the situation:
Our attention has been drawn to the story published on April 29th, 2019 by Reuters News Agency regarding the position of Chief Executive Officer at Safaricom PLC.
At the onset, I would like to state that the Safaricom PLC Board has not made a decision on the matter. This will be subject of deliberation by the Board and once a decision is made it will be communicated at the appropriate time.
For clarity, the Board has in place a robust recruitment process that adheres to global best practice in identifying and appointing our senior leadership team.
Finally, I am happy to report that the Board is encouraged by the quick recovery of Bob Collymore who remains firmly in charge and is doing a great job of leading our company and delivering on our purpose of Transforming Lives.
Safaricom, which has about 30 million customers and is the clear mobile market leader in Kenya, should act swiftly to clarify Collymore's plans and decide on a successor, as any delay will only lead to internal unrest, distract partners and provide fuel for its detractors and rivals. (See Safaricom Reports Strong Growth in Fiscal First Half.)
— Ray Le Maistre, Editor-in-Chief, Light Reading for Connecting Africa.
This year did not begin the way most people expected it to, so what does the future of the telecoms sector look like in Africa in 2020? In this Connecting Africa online event, local analysts and industry stakeholders will discuss what African operators’ priorities for the year should be and the most significant market trends expected to dominate in 2020.
Will MNOs focus on sweating their current assets rather than investing in new technologies like 5G?
What impact will COVID-19 have on the continent’s networks?
What are the hot market trends in Africa when it comes to voice, data and mobile financial services?
The majority of 5G in Africa is still in the testing stage. However, as operators prepare their networks for the technology jump, what strategies are they deploying to ensure they gain the full value that 5G can offer Africa? This digital symposium will give you an insight into the opportunities and challenges facing Africa’s 5G rollout, with some country specific case studies unpacked.
How 5G-ready is African enterprise?
Is 5G a priority for in Africa, should it be? Or can operators and businesses focus on growing their 3G and 4G networks for enterprise instead?
What are the most significant enterprise business applications for 5G deployment on the continent, and where can 5G facilitate IoT applications?
Africa was the birthplace of Mobile Money and while it continues to rise in popularity, the industry is quickly evolving and launching more mobile-based financial services every day. In this Connecting Africa online event, local analysts and industry stakeholders will discuss how telcos are disrupting the financial services space and what the rise of Mobile Money 2.0 will look like for Africa.
From cash to mobile: heading towards a cashless society
Expanding MFS offerings beyond mobile money transfers
MNOs vs banks vs fintechs: an evolving competitive landscape
Unconnected and unbanked: fintech to improve financial inclusion
The rise of micro-loans and insurance through mobile platforms
Africa has the fastest growing population in the world and also the youngest, with 60% of Africans under the age of 25. It is clear that the next billion connected are going to be the mobile-only generation. This digital symposium will bring industry experts together to discuss Africa’s digital divide and how to get devices into the hands of young Africans and empower them to join the digital revolution.
Who’s Driving? The role of government & regulator, private tech companies, and public-private partnerships
Device affordability: are we reaching a tipping point?
Status check: Satellite vs Fiber and the enduring infrastructure gap
Exploring the wider societal and economic benefits of a connected, digitally literate continent