Nzomo Mutuku, who led the Retirement Benefits Authority in Kenya from 2000 through 2022, steering its growth in the retirement benefits industry, has died, the company said Sunday. He was 53. RBA said he was instrumental in founding the Authority. Nzomo initially headed the Research and Policy function and rose to the CEO position in June 2018. “He has also made an invaluable contribution to the growth of the Retirement Benefits industry in Kenya, the region and internationally. His demise is a big loss to the family and the financial sector,” the obituary read. Mr Mutuku also worked at the…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Mr. Ashish Malhotra takes over as Managing Director, as Mr. Prasanta Das Sarma is redeployed as Fiber Co CEO for Airtel Africa
The Communication Authority of Kenya (CA) has directed Mobile Network Operators to discontinue the issuance of licensed ICT platforms and services to betting companies that have not renewed licenses for the fiscal year 2022/23. In a circular, CA Director General Ezra Chiloba said the directive is in line with the relevant license conditions on the provision of the licensed services. “To ensure that these communications services are used within the remits of the regulatory framework, the authority directs operators that the use of licensed ICT platforms and services for provision of betting and gambling services shall only be by firms…
Moringa School, a multi-disciplinary learning accelerator, hosted the Moringa Career Fair 2022 at the iHub, Nairobi. Dubbed ‘Are you the right fit’, it sought to get the perspective of top tech employers’ requirements in the workplace. The annual Moringa Career Fair 2022 featured over 750 Moringa graduates and students participating in two phases. The first one, the pre-hackathon introduction and workshop, the ideation and selection phase, which was executed online, and the second, the prototype building and presentation phase, will run in person at the campus for one day. “Moringa School was built to be the backbone of the technology…
Telcom giant MTN-Uganda on Thursday announced the appointment of Safaricom Plc’s chief consumer business officer, Ms Sylvia Wairimu Mulinge as the Chief Executive Officer for its operations from July 31, 2022. Mulinge will take over from Mr Wim Vanhelleputte who will be taking up a regional leadership role as operating executive for the WECA Markets of Liberia, Guinea-Conakry, Guinea-Bissau, and Congo-Brazzaville within the MTN Group, the company said in a statement. “The Board is grateful to Mr Vanhelleputte for his outstanding service over the years and contribution to the Company’s growth during that period. We wish him the best in…
10 Kenyan companies will access 12 weeks of incubation which will culminate in 5 of them getting KShs 1,000,000 million in funding to grow their businesses.