Kenyan executive Peter Ndegwa-led Safaricom resumes talks with Starlink as competition heats up
This comes as Safaricom confronts an increasingly competitive environment in its home market, where it has historically maintained a stronghold.
This comes as Safaricom confronts an increasingly competitive environment in its home market, where it has historically maintained a stronghold.
Ndegwa, the former chairman of Kenya’s Capital Markets Authority, owns 4.57 percent of the Nairobi-based financial services conglomerate.
The collaboration is set to accelerate the growth of digital payments, reinforcing Safaricom’s leadership in financial innovation across the region.
The reduction in Portland’s net loss in the current reporting period is attributed to increased revenue from cement sales, coupled with higher tax credits and reduced expenses.
Under the leadership of CEO Priscilla Gathungu, appointed in November 2022, the company has pursued an aggressive expansion strategy.
Apart from his executive and governance roles, Gachora owns a minority 0.14-percent stake in the leading financial group.
Musunga is the managing director of Kenya Breweries Limited.
Patel owns a significant 20.7-percent stake in the Kenyan insurer.
AVPA has catalyzed communities of response in Africa to support various COVID-19 efforts.
Under Oigara, the group’s assets have increased in value from $3.41 billion at the end of 2013 to $8.64 billion by the end of 2020.