Centum drops plan to sell Sidian to Nigerian bank, now targets local investors
Centum is now said to be planning to sell the shares to local investors.
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Centum is now said to be planning to sell the shares to local investors.
The deal will see Access Bank take over the 83.4 per cent that has been in the hands of Centum and its subsidiary, Bakki Holdico Ltd.
Safaricom’s Chief Enterprise Business Officer Kris Senanu has quit the company.
Nearly 97 percent of equities accounts used for trading at the Nairobi Securities Exchange (NSE) have been dormant in the past two years, revealing the apathy among retail investors.
Kenya’s telecom market continues to undergo considerable changes in the wake of increased competition, improved international connectivity, and rapid developments in the mobile market.