Author: Lorine Otamo

TradeMark Africa has appointed three new directors to its board. The move strengthens leadership as the organisation pushes further into its 2023 to 2030 strategy, which aims to expand trade facilitation work across the African continent. The new board members are Dr Monique Nsanzabaganwa, Rwanda’s former African Union Commission deputy chairperson; Safia Boly, an investment and agriculture expert from Mali; and Jaswinder Bedi, a Kenyan industrialist. Their appointments arrive as TMA accelerates plans to build trade that is more inclusive, greener and digitally enabled, while extending its reach beyond East Africa into other regions of the continent. TMA’s current strategy…

Equity Bank has placed the luxury Glee Hotel under administration, escalating a debt battle that has run through Kenya’s courts since late 2025. The bank appointed Kamal Anantroy Bhatt of Anant Bhatt LLP as administrator, effective July 6, 2026, giving him full control of the hotel’s assets and daily operations. The move follows a reported default on loans exceeding Sh8 billion. Court filings referenced in the ongoing dispute put the figure at Sh8.267 billion, while a bank commissioned valuation places the property’s open market worth near Sh9.5 billion. Under the administration order, the directors of Glee Hotel Limited lose their…

I&M Group has appointed Dorine Nalo to head the I&M Foundation, effective immediately. She takes charge of an organization that channels the banking group’s community investment, partnerships and sustainability work across East Africa. Nalo joins with close to two decades of experience spanning social impact programs, technology driven change management and donor funded development work. Her career has taken her across Kenya, Uganda, Tanzania, Djibouti, Zambia, South Africa, Egypt and South Sudan, where she designed digital transformation strategies and managed programs for organizations including the Gates Foundation, German Development Cooperation, Microsoft and USADF. What the role involves Nalo will set…

Jubilee Health Insurance is betting that the biggest barrier to health cover in Kenya isn’t the price tag. It’s the way people are asked to pay it. The insurer is expanding an instalment based premium model across Nairobi, aiming to bring health insurance within reach of Kenyans who want cover but can’t stomach paying for a full year upfront. The push builds on customer feedback that told Jubilee something simple: many households value insurance, but the annual lump sum kills the deal before it starts. How Lipa Pole Pole Works The campaign runs under Jubilee’s Linda Afya Leo, Lipa Pole…

Absa Bank Kenya has named Diana Mwaniki as Acting Chief Financial Officer, effective 1 July 2026 and subject to regulatory approval. She takes over from Yusuf Omari, who steps into the role of Interim Managing Director and CEO following Abdi Mohamed’s resignation. Mwaniki joined Absa in September 2022 as Head of Financial Decision Support. She brings more than 17 years of experience in financial services, with a career built around financial strategy, performance management, governance, internal controls and risk management. A Vote of Confidence from Leadership Omari praised Mwaniki’s track record at the bank, saying she has strengthened financial planning…

The Nairobi Securities Exchange has a new chairman. The bourse’s board confirmed on 2 July 2026 that Tom Mulwa will take over the top governance seat effective 13 July, succeeding Kiprono Kittony, whose six year tenure ends the day before. The transition follows what the board called a routine process: the conclusion of Kittony’s term and a scheduled review of board composition, framed around the exchange’s commitment to strong governance, independence and long term oversight. Directors approved the appointment on 30 June, and the notice went out to shareholders and the public two days later. Who Is Tom Mulwa Mulwa…