Telecommunications group MTN Rwandacell became the first mobile network operator to list its shares on the Rwanda Stock Exchange (RSE). The listing by introduction turns Crystal Telecoms’ (CTL) shareholders into direct shareholders in MTN Rwanda. “The MTN listing is particularly significant because it is an addition of a leading brand to the exchange and will offer more visibility which will trigger more interest from other potential new investors to join,” Celestine Rwabukumba, the CEO of RSE said. https://twitter.com/RwStockExchange/status/1389491874961006592?s=20 The listing will see 1,350,886,600 ordinary shares with a nominal value of Rwf 1 each being registered with the RSE at an…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
The Chief Executive Officer of APA Life, Catherine Karimi, has bagged three top business awards in East Africa in recent days, in recognition of her work. Ms Karimi was named CEO of the Year during the recent Think Business Insurance Awards 2020, becoming the first woman to receive the honour. She was an honoree in the Angaza Awards for Women to Watch in Banking and Finance in the East African Community. She was also listed as one of Business Monthly 2021 Top 25 Most Powerful Women in C-Suite Impacting Business. Ms Karimi said: “I am honoured and humbled to receive…
Every kitchen enthusiast, when considering an oven, is always aiming for a brand that brings their cooking sessions to a whole new level. It is not always an easy task to comb through brands trying to select a microwave that suits your needs. Unfortunately, in regards to choosing the best kitchen appliance, everyone is almost spoilt for choice thanks to the litany of available products on the market. Nevertheless, the trick is to always choose a product that will last, one that meets your needs, and is quite efficient – enter LG SolarDom NeoChef Microwave. The SolarDOM microwave from LG…
Lucille Aveva, a customer experience excellence champion and guru has been appointed Safaricom Director, Customer Obsession. Her appointment took effect May 1 this year. Lucille has been working for Eselle Group Consulting Company which she founded and has led since 2016. “Lucille will be responsible for leading our ongoing Customer Obsession programme and coordinate implementation of the various initiatives identified,” the company’s CEO Peter Ndegwa said in a memo to employees. She has over 20 years of experience across various roles in the hospitality, banking and telecommunications sectors. She has worked as a Head Alliances & Strategic Partners, Africa Company…
On World Press Freedom Day, I would like to thank the Kenya Editors’ Guild, and its President, Churchill Otieno for the chance to speak at this important event. I’m sorry I can’t join you in person, but fortunately, media professionals like yourselves are more familiar with this medium than most audiences! I have visited Kenya many times, and twice in the last six months as the Minister for Africa. During a visit last year, I was delighted to speak at a similar event to mark Human Rights Day on 10 December. This is an important follow up to that event.…
Somali Parliament, its 140 members, voted unanimously on Saturday cancelling a two-year presidential term extension for President Mohamed Abdullahi Mohamed. The vote was a result of clashes that had resulted in Mogadishu between factions of the security forces. “I commend the Honorable Members of the House of People for acting responsibly in accepting the president’s request to revert to the September 17 agreement that guides Federal Electoral process, as they considered to overcome challenges the country is going through,” Prime Minister Mohamed Hussein Roble said via his official Twitter handle. He assured the Somali people, the Federal Member States, politicians…