
Peter Ndegwa leads Safaricom’s $300 million M-PESA upgrade
Peter Ndegwa said the upgrade will strengthen M-PESA’s backbone, making it more resilient and prepared for the future.
Peter Ndegwa said the upgrade will strengthen M-PESA’s backbone, making it more resilient and prepared for the future.
BOC Kenya, led by Ngugi Kiuna, targets independent growth after the collapse of its acquisition deal with Carbacid, refocusing on market expansion.
Sanlam Kenya, backed by tycoon Baloobhai Patel, plans a $19.3 million rights issue to cut debt, strengthen its balance sheet, and revive profitability.
Over the years, Munga has built a diverse business empire spanning, banking, agribusiness, insurance, and real estate.
From expanding his family’s business empire to leading a multinational conglomerate, Sarbjit Singh Rai’s journey is one of strategic growth, resilience, and industry dominance.
His portfolio benefited from a rise in the bank's share price on the Nairobi bourse and the strengthening of the Kenyan shilling against the U.S. dollar.
The court emphasized that the case revolved around the legitimacy of the termination notice, not constitutional interpretation.
Earlier this year, Directline had outlined ambitious plans to diversify its product portfolio.
Mwale, the visionary founder of Mwale Medical and Technology City (MMTC), has inked a deal for smart cities, mining, infrastructure and agriculture.
His move comes as shares remain attractively priced on the Nairobi Securities Exchange.
Newton Kagira Mukuha, in his application, argued that certain assets within the estate have not been properly distributed, expressing worries over lack of representation.