Markets Regulator Appoints Wyckliffe Shamiah as Acting CEO
Capital Markets Authority (CMA) has appointed Wyckliffe Shamiah as the acting CEO following the end of Paul Muthaura's tenure which comes to an end on 31st Dec 2019. According to [...]
Titans Of The Decade; Joshua Oigara
KEY INITIATIVES ACHIEVEMENTS 2012; Joshua Oigara was appointed CEO of KCB Group at 37 years old 2013; Launched mobile application with increased features Agency banking platform upgrade, [...]
2010 2019; SOUR DEALS OF THE DECADE
2010 AIRTEL ACQUISITION OF ZAIN KENYA Bharti Airtel acquired Zain Africa’s operations in 15 countries including Kenya for US$10.7 billion. Airtel Kenya’s accumulated losses since then stand at KES 68.09bn. [...]Interview With Copia CEO Tim Steel on Solving Africa's Poor E-commerce Penetration
Africa has seen a surge in the number of e-commerce platforms in the past ten years.Disrupt Africastates that the continent is home to 264 e-commerce startups, mostly targeting middle-class consumers [...]
Kenyan firm Octagon Buys 49% Stake in Alexander Forbes Zambia
Nairobi headquartered Pension manager Octagon Africa has purchased 49 per cent stake in Alexander Forbes financial services Zambia for an undisclosed amount. Alexander Forbes Group had earlier in March 2019 [...]World Resources Institute Appoints Wanjira Mathai as Regional Director for Africa
World Resources Institute (WRI) has appointed Wanjira Maathai as the Regional Director for Africa, and Vice President. Ms Wanjira, who holds master’s degrees in Business and Public Health from Emory [...]Barclays Futures Begin Trading at The Nairobi Derivatives Market
Derivatives traders are now able to buy and sell Barclays Bank Futures on the Nairobi Derivatives Market (NEXT). Investors will put in a minimum of KSh1,800 as the initial margin [...]
Mining CS Munyes Revokes 26 Mining Licenses Over Expiration Claims
Petroleum and Mining CS John Munyes has suspended the licenses of 26 Mining companies that failed to meet regulatory requirements.A gazette notice dated 13 Decemberreveals the companies failed to renew [...]Former PwC Regional CEO Anne Eriksson Joins KCB Group Board
Kenya's largest bank by asset base KCB Group has announced the appointment of Mrs. Anne Eriksson as a Non-Executive Director of the Board of lender with effect from 18th December [...]Britam's Stephen Wandera Bows Out After 26 Years of Services
Britam PLC has announced the retirement of Stephen Wandera, the former Principal Executive Director. A company announcement reveals that Stephen hit the age 60 ceiling, after serving the company for [...]GDC Initializes Partial Risk Guarantee with AfDB
GDC attended AfDB's intializing ceremony for the partial Risk Gaurantee (PRG) at the AfDBs offices in Nairobi. The PRG is set to cover private investors and lenders against possible risk [...]Multichoice Kenya Names Nancy Matimu as the First Female CEO
Multichoice Kenya has named Nancy Matimu as the New Managing Director after the exit of Eric Odipo. The former Mastercard VP, Head of Market Development in Sub-Saharan Africa took the [...]
