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    1.0.32

    Safaricom Shareholders to Vote Using Mobile Phones at the upcoming AGM

    The Kenyan
    By The Kenyan Wall Street
    - August 15, 2018
    - August 15, 2018
    Kenya Business news
    Safaricom Shareholders to Vote Using Mobile Phones at the upcoming AGM

    Safaricom shareholders will now vote for the individual agenda items with their mobile devices after the telco announced it would deploy this service at the upcoming Annual General Meeting on 31st of August 2018 at Bomas of Kenya.

    Offering investors the opportunity to cast their votes using their phones will save time as well as eliminate costs involved with printing, distributing and returning postal voting materials.

    “Shareholders are urged to carry their mobile devices which will be used to carry out the voting of various resolutions included in this notice.” the company said in a notice.However, it remains unclear whether those shareholders who won’t attend the AGM will be able to vote from wherever they wish.

    Some of the resolutions to be discussed include;

    • •Re-appointment of Dr Bitange Ndemo as a non executive director
    • •Mrs Esther Koimett ”   “
    • •Mr Mohamed Joosub ”   “
    • •Mr Till Streichert ”    “

    Dividend Payment Via M-Pesa

    The company also announced that the preferred method of paying dividends below Shs 70,000/- is through M-Pesa.

    “Beyond our borders, we continue to monitor and explore new areas of opportunity… ” Bob Collymore noted. His comments come at a time when there have been reports that the telco is considering expanding into the Ethiopian market.

    The Kenyan Wall Street

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