The third CEO of regional telecommunication market leader, Safaricom PLC, Peter Ndegwa (pictured) says that although he appreciates the enormous work done by his predecessors Michael Joseph (now company board chairman) and late Bob Collymore, he will be his own man making changes that he shall fully own.
‘One thing I made very clear was that I shall be my own man. I shall not be Michael or Bob. I shall be my own man’, said Mr Ndegwa in a Thursday night recorded interview with Yvonne Okwara on CitizenTv.
Mr Ndegwa expressed confidence that the firm will continue growing even after having had an adverse effect of Covid-19 disruptions.
‘I want Safaricom to be a purpose-led company. I want to ensure that it is part and parcel of the ordinary Kenyan on the streets … churning our products that add value to their daily life’, he said.
Mr Ndegwa revealed that the firm has 35 million subscribers and 27 million M-pesa subscribers adding that the firm added some 3 million during the Covid-19 period.
Asked about possibility of potential split over dominance, Mr Ndegwa played down the same saying companies perform better when they are big and not when they are small.
Last week, the company announced new tariffs for sending M-pesa amounts between Sh101 and Sh1,000 effective January 1,2021 after Central Bank of Kenya zero-rated fees on amounts below Sh100