When Nicholas Nganga ( pictured ) was named Safaricom’s board chairman in January 2007 as Wilson Ndolo Ayah’s successor, the company was at its infancy. The number of mobile subscribers on the network stood at 6.08 million at the time with total revenues at Sh47.4 billion and after-tax profit at Sh12 billion. It was however […]
When Nicholas Nganga ( pictured ) was named Safaricom’s board chairman in January 2007 as Wilson Ndolo Ayah’s successor, the company was at its infancy. The number of mobile subscribers on the network stood at 6.08 million at the time with total revenues at Sh47.4 billion and after-tax profit at Sh12 billion. It was however […]
Safaricom CEO Michael Joseph speaks at Railways Club, Nairobi on March 12, 2020 Former Safaricom CEO Michael Joseph was on Thursday, July 30, appointed the chairperson of the Safaricom PLC Board. He will take over after the retirement of Nicholas Ng’ang’a who has held the position for 16 years. Announcing the appointment, Safaricom Chief Executive […]
Michael Joseph (left) will take over as board chairman following the retirement of Nicholas Nga’ng’a (right). PHOTO | FILE | NATION MEDIA GROUP Announcing the appointment, Safaricom CEO Peter Ndegwa said Mr Joseph takes over from August 1, 2020. There is probably no one who understands Safaricom better than Mr Joseph, who has served the […]
Michael Joseph has been appointed as the new Safaricom board chairman, ending the 13-year reign of Nicholas Ng’ang’a, who has served as the telco’s chairman and non-executive director since 2007. Cumulatively, Mr Ng’ang’a has sat on the board of East Africa’s most profitable company for 16 years after first joining the firm’s directorship in 2004. […]
Safaricom outgoing chairman Nicholas Ng’ang’a. PHOTO | JEFF ANGOTE | NMG Whenever up and about in public places, Nicholas Ng’ang’a on many occasions goes unnoticed. And he loves it that way; a quiet and simplistic lifestyle. As such his face may not be the most easily recognisable to many despite his rich legacy both in […]
On Monday, Kakuzi emerged as the top gainer of the day at the Nairobi Securities Exchange (NSE) with 9.76 percent at the price of 360.00 shillings per share. Sasini Tea and Coffee, and Williamson Tea Kenya gained 6.75 and 4.56 percent at the price of 17.40 and 143.25 shillings per share respectively. Eveready East Africa […]
Financial markets’ focus will continue to be on the US jobs market in the run-up to the Federal Reserve’s policy meeting scheduled for the next day. The National Federation of Independent Businesses’ small company confidence index for May and the Fed’s JOLTS labour market survey for April will be scrutinised for confirmation or hints regarding […]
Covid-19 has presented unprecedented times, with companies adopting unique measures to deal with health guidelines that restrict most meetings and mass gatherings. Companies can now stream AGMs from their office boardrooms, without having to rent out large halls at hotels or conference venues. The era of virtual meetings is now officially open. Wednesday, May 27, […]
Shareholders at a past Annual General Meeting. PHOTO | FILE. Covid-19 has presented unprecedented times, with companies adopting unique measures to deal with health guidelines that restrict most meetings and mass gatherings. Companies can now stream AGMs from their office boardrooms, without having to rent out large halls at hotels or conference venues. The era […]
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