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Kenya: Safaricom partners with Nairobi Securities Exchange to Enable Customers Invest Using Bonga Points

Kenya: Safaricom partners with Nairobi Securities Exchange to Enable Customers Invest Using Bonga Points
african-markets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from african-markets.com Daily Mail and Mail on Sunday newspapers.

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Munga secret Britam deal leaves Mauritius with Sh3.9bn loss

Munga secret Britam deal leaves Mauritius with Sh3.9bn loss
Tuesday August 03 2021
By VICTOR JUMA
Summary
After buying the shares, Mr Munga would later sell them in two tranches at undisclosed prices that are expected to have earned him billions of shillings in capital gains.
He first sold 104 million shares in 2017 in the open market and followed it up with the disposal of 348.5 million shares to Zurich-based multinational Swiss Re in 2018.
Mr Munga called the roundabout transactions a “Manowari Project”, according to the inquiry.
Billionaire businessman Peter Munga orchestrated a secretive purchase of 452.5 million shares of Britam Holdings from the government of Mauritius in a deal that left the island nation with a Sh3.9 billion loss, according to an inquiry report. ....

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Cautious optimism meets Kenya's bid for continental financial hub

Cautious optimism meets Kenya's bid for continental financial hub
theeastafrican.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theeastafrican.co.ke Daily Mail and Mail on Sunday newspapers.

City Of London , City Of , United Kingdom , United Arab Emirates , Hong Kong , Nairobi Area , South Africa , Kaptagat Forest , Rift Valley , Grand Casablanca , Standard Chartered Bank , Jared Maranga , Dominic Raab , Uhuru Kenyatta , Monica Juma , Simon Chelugui , Razia Khan , Philip Gathogo , Ben Wallace , Shriti Vadera , Jason Rosario Braganza , Economic Partnership Agreement , Equity Bank Group , Research Hospital , Kenya Health Alliance , Ministry Of Defence ,

Safaricom Bosses Receive $6.4 Million in Free Shares - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports

Safaricom Bosses Receive $6.4 Million in Free Shares - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and Reports
itnewsafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from itnewsafrica.com Daily Mail and Mail on Sunday newspapers.

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Repairing employee trust after CEO violations

Repairing employee trust after CEO violations
Thursday July 15 2021
The type of action you should take as a leader depends on the sort of trust violation that occurred. PHOTOSEARCH
By SCOTT BELLOWS
Summary
Rebuilding trust proves vital to organisational success or the entity starts to falter, lose profits, entertain scandals, and begin downward spirals.
Research shows that the best remedy to fix employee trust revolves around two key actions: apologise for whatever happened or deny that anything happened.
Once an organisation completes trust repair, employee commitment and trust begin to improve and company performance goes up.
In Kenya in recent months, we seem besieged by companies and parastatals undergoing ogranisation-level crises. From accounting frauds to receivership to staff layoffs, Covid-19 has not been kind to most businesses. But coronavirus is not an appropriate excuse for every corporate failure. ....

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