Finance

Safaricom PLC CEO Salary: Directors’ Pay Disclosed in the Annual Report (2026)

Dr. Peter Ndegwa, Group Chief Executive Officer of Safaricom PLC, received total remuneration of KES 324.5 million for the year ended 31 March 2026, according to the company’s annual report. That is about KES 27.0 million a month on average, including bonuses and benefits.

Executive director pay

Name Role Total for the year Breakdown (as disclosed)
Dr. Peter Ndegwa Group Chief Executive Officer KES 324.5 million salary KES 105.4m; bonus KES 118.5m; non-cash benefits KES 31.4m; EPSAP share awards KES 69.2m
Dilip Pal Executive Director (Group Chief Finance and Innovation Officer) KES 147.5 million salary KES 65.7m; bonus KES 43.0m; non-cash benefits KES 18.5m; EPSAP KES 20.3m

Board fees

Non-executive directors received KES 74.5 million in total; Chairman Adil Arshed Khawaja received KES 15.6 million (fees KES 13.6m plus benefits). Agreed fees: Chairman KES 13,622,000 a year; each non-executive director KES 4,735,000 a year, plus KES 165,343 per meeting sitting allowance.

Figures are as disclosed in the audited part of the Directors’ Remuneration Report for the year ended 31 March 2026. Totals can include one-off or deferred items, so they are not the same as monthly salary.

What staff earn

We do not show staff salaries. The salary sites we checked had no role-by-role figures for this company with enough reports to summarise reliably (checked 14 Oct 2026).

Frequently asked questions

How much does the Safaricom PLC CEO earn?

Dr. Peter Ndegwa received KES 324.5 million in total for the year ended 31 March 2026, per the annual report.

Where does this information come from?

Listed companies in Kenya must publish a Directors’ Remuneration Report under the Companies Act, 2015 and the CMA Code of Corporate Governance. We use only the figures disclosed there.

Does this include staff salaries?

No. Only directors’ pay is disclosed in annual reports.

Sources

More: All CEO salaries in Kenya · Public salaries · PAYE calculator

Norah Waceke

About Author

Norah Waceke is a business journalist and editor at Business Radar with more than eight years of experience covering Kenya's economy, companies and markets. She previously worked at Kenyans.co.ke, one of the country's leading digital news platforms, where she reported on business, finance and current affairs. A graduate of Multimedia University of Kenya, Norah focuses on clear, accurate reporting that helps readers understand the money stories shaping their lives and businesses.

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