Month: <span>June 2016</span>

Telkom Kenya appoints former Access Kenya boss to head new division

Telkom Kenya has announced the appointment of Kris Senanu as the Managing Director of its Enterprise Division. The appointment is in effect as of Monday, August 1, 2016. The telecommunication company had announced the formation of four primary Business Units: Mobile, Fixed, Wholesale and Real Estate.  Mr. Senanu brings 20 years’ experience into the business. “Senanu’s […]
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Toyota recalls over 3m cars over defects

Toyota said Wednesday it is recalling 1.43 million vehicles for defective airbags and another 2.87 million vehicles for faulty fuel emissions controls. Toyota Motor Corp. said it has not received any reports of injuries or fatalities related to either recall. Some 932,000 vehicles are involved in both recalls, so the total number of affected vehicles is […]
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Analysts call for reforms in banking sector

Kenya’s ailing sector finds itself in indeterminate state By Bonface Otieno Kanyamwaya The combined effects of a volatile banking sector, an austerity campaign by the National Treasury and a general economic slowdown have conspired to create a toxic brew that has darkened the economic outlook for East Africa’s largest economy. The word in policy circles […]
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Telkom to exit Kenya after stake sale

French Telkom firm, Orange has issued a statement in Nairobi announcing the completion of the sale of its 70 per cent stake, which it said was subjected to approval from relevant authorities including the Kenyan government. The private equity firm is selling the stake to Helios Investment Partners. “The Africa and Middle-East region remains a […]
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