John Ngumi

15 Articles
David Kabeberi KQ Board
BUSINESSLEADERSHIP

Kenya Airways Director Davidi Kabeberi Resigns

James David Kabeberi has resigned as a director of Kenya Airways, the country’s national carrier. 

The KQ exit comes five months since Ngumi resigned as chair of the board of directors of Safaricom, East Africa's most profitable firm, after less than six months in the role.
BUSINESSECONOMYFEATURED STORY

Uhuru Man John Ngumi Quits Kenya Airways Board

Ngumi, considered an ally of former President Uhuru Kenyatta, has been in the eye of the storm in recent weeks over his role...

John Ngumi Wealth
SMART MONEY

Kenyan Banker Who Made Sh400 Million From a Single Deal

Mr John Ngumi is not your typical celebrity entrepreneur of financial expert. He is often a laidback corporate number cruncher who was shoved...

Nation Media Group Changes
MEDIA

At Nation Media, Telkom Buyback Scandal Lands Editor In Trouble

It is understood that the story of the scandal, in which the government paid Ksh6.09 billion few days to the 9th August 2022...

Telkom Kenya headquarters.
BUSINESSIN HER WORDS

Inside Ksh6B Telkom Deal: How Money Changed Hands

The National Assembly Joint Committees on Finance and National Planning and Communication, Information and Innovation have continued the ongoing investigations into the 100%...

Safaricom CEO Peter Ndegwa
SMART BUSINESS

Confident Of a Second Term, Safaricom CEO Peter Ndegwa Maintains a Calm Outlook

Mr Peter Ndegwa himself appears unfazed, confident that his work so far will earn him another term at Kenya’s most profitable company.

The telco is yet to name Ngumi's successor, only stating that a chair will be elected by the board in coming weeks.
BUSINESSECONOMYFEATURED STORY

John Ngumi is Exiting as Safaricom Chairman. Here’s What You Should Know

The government holds a 35% stake in Safaricom, the region's largest and most profitable company. Ngumi, a seasoned investment banker who has sat...

Michael Joseph
BUSINESS

Why I left Safaricom Board – Michael Joseph

Outgoing Safaricom board chairman Michael Joseph has come out to explaithe reasons for his unexpected exit as a director and chairman of the...

John Ngumi
BUSINESS

John Ngumi Appointed Safaricom Chairman

Safaricom has appointed Mr John Ngumi as a director and Chairman of the Board with effect from August 1, 2022, subject to regulatory...