Safaricom's CEO Peter Ndegwa earns $1.95 million in 2024 salary
This marks a 19.4 percent decline from last year's earnings of $2.42 million, primarily due to a 31.7 percent drop in the value of share-based awards.
Kenyan Executive
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.
Kenyan executive James Ndegwa gains $2.4 million from NCBA stake in 11 days
Ndegwa, the former chairman of Kenya’s Capital Markets Authority, owns 4.57 percent of the Nairobi-based financial services conglomerate.
Kenyan exec Peter Ndegwa's Safaricom partners with Mastercard to accelerate cross-border remittance
The collaboration is set to accelerate the growth of digital payments, reinforcing Safaricom’s leadership in financial innovation across the region.
Kenyan executive Edwin Kinyua-led Portland Cement posts $4.9-million half-year loss
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.
Led by Kenyan exec Priscilla Gathungu, Java expands with two outlets in Nairobi
Under the leadership of CEO Priscilla Gathungu, appointed in November 2022, the company has pursued an aggressive expansion strategy.
Kenyan banker John Gachora earns $1-million salary from NCBA Group in 2022
Apart from his executive and governance roles, Gachora owns a minority 0.14-percent stake in the leading financial group.
British beverage group, Diageo appoints Kenyan exec John Musunga as Guinness Nigeria CEO
Musunga is the managing director of Kenya Breweries Limited.
Kenyan exec Rohan Patel has lost $1.2 million in five months on Nairobi Stock Exchange
Patel owns a significant 20.7-percent stake in the Kenyan insurer.
Kenyan executive Frank Aswani-led AVPA launches African Healthcare Funders Forum
AVPA has catalyzed communities of response in Africa to support various COVID-19 efforts.
Kenyan businessman Joshua Oigara receives extension to stay with KCB Group until December
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.