CEO Peter Ndegwa to deploy Kenyan staff to help boost Safaricom’s Ethiopia operations
The Ethiopian unit will have its own CEO, senior executives and management team.
The Ethiopian unit will have its own CEO, senior executives and management team.
The gains can be linked to the group’s better-than-expected financial results for Q1 2021.
Founded in 1995, the company is Malawi’s first private bank.
The company defaulted in the repayment of a $40-million debt.
The growth in his stake follows a rise in the shares of CiplaQCIL on the Uganda Stock Exchange.
Wairegi is Kenya’s longest-serving CEO of a listed company.
The family is known for its role in modernizing industry and commerce in Mauritius.
The gains in his stake were triggered by a recent surge in the company’s shares.
His family announced that he passed away early morning, June 12.
Al Duaij is the CEO of Alea Global Group.
The businessman said his company is now considering launching manufacturing units there.
The gains in his stake can be attributed to the increase in the company’s share price on the Nairobi Stock Exchange.
According to a statement published by the businessman’s family, Kirubi died at his home in Nairobi at 1 pm.
The gains are due to the recent rise in the company’s shares on the Nairobi Stock Exchange.
The uptick in market value follows a rise in the company’s share price on the Nairobi Stock Exchange.
The brothers are the largest individual shareholders in the bank with an ownership stake of 2.6 percent.