Strategy (Management)

After fallout with South African partner, Kirubi buys back Haco

Businessman Chris Kirubi is buying back his 51% stake in Haco Industries which he sold to South Africa’s Tiger Brands in 2008, the Business Daily reports today. This comes barely two years since the businessman fell out with the South African firm’s management over the company’s strategic direction. Tiger bought a ...

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A rebellion shakes up KPMG

Disgruntled employees and partners seek to oust leading audit firm’s CEO Josphat Mwaura The corner suite at KPMG East Africa is getting a little uncomfortable for Josphat Mwaura. The man who heads the regional office of the leading audit and consulting firm is not sitting pretty at all, with employees ...

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Reaching out to millennials: How brands can get it right

East Africa is a region where millennials (18 to 34-year-olds) constitute more than three quarters of the population. It is thus important for most brands to win over this segment to achieve sustainable growth. The major challenge for most brands is how to reach and engage this particular age group ...

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Interview: Bob Collymore on the future of M-Pesa

CNN Marketplace Africa features Safaricom, M-PESA and Kenya’s new person-to-person money transfer platform February 10th 18:15 EAT This week, ‘CNN Marketplace Africa’ looks at how M-PESA has revolutionised mobile payments in Kenya, and how a possible new challenger from Kenya’s banks could allow simple and cheap person-to-person money transfers. CNNMoney Africa ...

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CEO paid enormous amount of money to stop working

Starbucks CEO Howard Schultz made headlines recently by promising to hire 10,000 refugees in response to Donald Trump’s immigration ban, prompting a #BoycottStarbucks social media backlash from supporters of the President’s policy. Schultz, however, can afford to shrug off the uproar: Not only will he step down as CEO of ...

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Safaricom races to Sh1 trillion valuation milestone

Safaricom has generated Sh700 billion wealth for its shareholders in the brief time it’s been operational. Today, if the company’s share gains one shilling, a cool Sh40 billion in wealth is created in that very moment As 2016 draws to a close, the biggest question on the lips of investors ...

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Michael Joseph to lead Kenya Airways

Former Safaricom chief executive Michael Joseph is slated to chair the Kenya Airways (KQ)board, replacing Dennis Awori, in a government-brokered deal that saw a planned strike by pilots deferred. The industrial action was to begin yesterday to force out Awori and managing director Mbuvi Ngunze and would have added further strain ...

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Liquid Telecom CEO among top telecoms leaders

Global Telecoms Business has published The GTB Power 100, its annual list of the 100 most powerful and influential people in the telecoms industry. Nic Rudnick, CEO of the Liquid Telecom Group, appears in the list for the fifth consecutive year. Executives from four other African operators appear alongside Rudnick include Safaricom CEO Bob Collymore, Rob Shuter ...

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CEO turns into watchman

Truck drivers and construction customers visiting the Savannah Cement manufacturing plant in Athi River along Namanga road, on Monday got a pleasant surprise of the company’s Managing Director manning the gates and the weighbridge. To mark the beginning of Customer Service week, Savannah Cement Managing Director Ronald Ndegwa and his management staff, ...

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Who will clear up all this mess?

Lack of proper garbage disposal in Kenya has reached alarming levels. Nearly every other major urban centre is facing a crisis of mounting waste due to neglect of collection from relevant authorities. Indeed, Kenyans have become accustomed to living with trash that smartly dressed ladies and gentlemen walk on overflowing ...

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