•Maina served as a non-executive director and chair of the board for nine years. •Kavashe is currently the managing director of Isuzu East Africa, the largest motor vehicle assembler in East Africa. Isuzu EA managing director Rita Kavashe with marathoner Eliud Kipchoge at a past event/FILE British American Tobacco Kenya has appointed Rita Kavashe the […]
British American Tobacco has appointed Rita Kavashe as the board chair effective immediately. Kavashe replaces George Maina who was at the helm of the board as a non-executive director too for a period of nine years. The cigarette manufacturer in a statement on Tuesday described Maina as a leader who’s impact leaves behind a much […]
Nairobi securities Exchange (NSE) trading floor (BEVERLYNE MUSILI) NAIROBI, KENYA : The Nairobi Securities Exchange has reviewed the constituent counters of its NSE 20 and 25 Share Index, with effect from April 3. The review of the NSE 20 share index incorporates the inclusion of Kenya Reinsurance Corporation Limited, NIC Group Plc and Nairobi Securities […]
Cigarette manufacturer British American Tobacco Kenya posted Sh2.5billion in profit after tax in the last financial year, with the company blaming the COVID-19 pandemic and new excise taxes for a 13 per cent fall in earnings. The company’s latest financial report indicates gross revenues fell from sh19.2billion in 2019 to Sh16.6 billion on account of […]
For these women, getting a seat at the top of the decision-making table has not been an easy ride. More by this Author By KAMAU MAICHUHIE More by this Author Thursday July 09 2020 Women representation in high-level leadership positions remains critically low in Kenya, even within international organisations that shape global dialogue. The country […]
Chief executive officers for five Tanzanian companies that have been ranked as most valuable ones by South Africa-based African Business. They are (from top left): TBL Plc managing director Philip Redman, TCC’s Michal Bachan, NMB Bank Plc’s Ruth Zaipuna, Vodacom’s Hisham Hendi and Alfonso Velez from Tanzania Portland Cement. PHOTOS | FILES Dar es Salaam. […]
Dar es Salaam — Tanzania has produced two companies on the list of Africa’s 100 most valuable firms. South Africa-based African Business disclosed in a ranking of the continent’s top 250 firms that TBL Plc and Vodacom Tanzania Plc are the two most valuable firms in the country. At the continental level, TBL Plc has […]
The Derivatives Market is expected to help the country to consolidate its position as a leading financial services hub offering a wide variety of investments products/ COURTESY – NSE NEXT will enable market players to better diversify their portfolios, manage risk, and deploy capital more efficiently. Futures contracts also provide risk management tools in the […]
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