Corporate

Sitoyo Lopokoiyit has been appointed as the M-Pesa Africa managing director effective April 1, 2021. CEO Peter Ndegwa said Safaricom will initiate the relevant talent sourcing processes to identify and...

Safaricom will Friday launch Kenya’s first fifth-generation (5G) mobile internet services targeting major urban centres, making it the inaugural operator to offer commercial and superfast services in the region. The...

Equity Group  is set to receive a $100 million (Sh11 billion) loan from the African Development Bank (AfDB) to shore up its capital as it seeks to grow its lending capacity....

A South African Airways flight is under investigation after a miscalculation almost caused a serious incident during take-off. The flight, which took place on February 24th, was heading to Brussels...

Insurance group Britam Holdings  has eliminated nine top executive positions or nearly half of its management team as the new CEO shakes up the top deck of the Nairobi bourse-listed firm....

SUMMARY The Financial Reporting Centre (FRC) has forwarded to the Treasury the draft changes to the money laundering law in a fresh bid to compel lawyers to start disclosing suspicious...

Uganda Airlines has secured a prime landing slot at the Heathrow Airport in London, nearly the same as the one that Kenya Airways sold to Oman Air in 2016. Uganda...

SUMMARY According to the court papers, the Global Scientific & Research Company Limited was in December 2015 contracted by the UN’s Food & Agricultural Organization (FAO) to supply various livestock...

Deloitte PLT agreed to a 324-million ringgit ($80 million) settlement with the Malaysian government to resolve all claims related to the firm’s audit of 1MDB and its former unit SRC International...