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Service jitters pull Safaricom's share to three week low

CEO Safaricom Bob Collymore

The Nairobi Securities Exchange’s largest listed stock by number of shares sunk to a three-week low of Sh18.95 yesterday as its service suffered disruption.

As subscribers across the country came to terms with the disruption that hit Safaricom’s services on Monday, the market was all ears. Yesterday, Safaricom’s share value registered its second straight loss after Monday’s news. On Monday, its share shed 0.26 per cent of its value as only 2.8 million shares exchanged hands.

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