Safaricom is set for significant governance changes following the increase of Vodacom’s shareholding to 55 percent, with shareholders expected to vote on the proposed amendments during the company’s Annual General Meeting (AGM) on July 31, 2026. Among the proposed changes is a new process for appointing the Chief Executive Officer …
Read More »What Is NSE and What Does It Mean for a Company to Be Listed?
The Nairobi Securities Exchange (NSE) is Kenya’s primary stock market where investors buy and sell shares of publicly traded companies. It serves as a marketplace that connects companies seeking investment capital with individuals and institutions looking to invest their money. Established in 1954, the NSE has grown into one of …
Read More »Shake-up at CIC Insurance: What It Means for Investors
CIC Insurance Group PLC has overhauled its senior management structure, moving its long-serving audit chief to a new role designed to spearhead the company’s modernization efforts. In a statement released by Group General Counsel and Company Secretary Gail Odongo, the Board confirmed that Mr. Muyesu Luvai has been reassigned from …
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The Lower Eastern Times Opening The Third Eye