WPP Scangroup appoints Patricia Ithau a year after Bharat Thakrar exit

WPP Scangroup appoints Patricia Ithau a year after Bharat Thakrar exit

Patricia Ithau has been appointed WPP Scangroup CEO/Executive Director effective March 14, 2022. [Courtesy] Patricia Ithau has been appointed as the Chief Executive Officer and Executive Director of WPP Scangroup. Scangroup Chairman Richard Omwela, in a statement seen by The Standard, said Ithau will begin her term on March 14, 2022. “She oversaw the expansion […]

What Are REITs And What Does It Take To Invest In Them?

What Are REITs And What Does It Take To Invest In Them?

KEY POINTS REITS in layman’s terms means-become a landlord with no headache. Real estate Investment Funds in simple terms are licensed investment vehicle which invests and finances income-generating real estate. Kenyans love for real estate has proven to be a very costly affair. Real estate in Kenya has been traditionally perceived to be acquiring land […]

Kenya Mortgage Refinance starts selling first bond

Kenya Mortgage Refinance starts selling first bond

Kenya’s first mortgage refinancing company is selling a 10.5 billion shilling ($93 million) medium term note, whose proceeds will be lent out to commercial banks to increase affordable home ownership, the company said on Friday Nairobi – Kenya’s first mortgage refinancing company is selling a 10.5 billion shilling ($93 million) medium term note, whose proceeds […]

State now declares M-Pesa, bourse as key infrastructure

State now declares M-Pesa, bourse as key infrastructure

Interior Cabinet Secretary Fred Matiangi in Kisii, 2021. [Sammy Omingo, Standard] The government has classified M-Pesa and the Nairobi Securities Exchange (NSE) as critical infrastructure to protect crucial systems – both in the private and public sectors from cybercrime. In a gazette notice published last week, the Cabinet Secretary for Interior and Co-ordination of National […]