Author: Lorine Otamo

Safaricom PLC has appointed two senior Vodacom Group executives to its board, deepening ties between the two companies just two months after Vodacom raised its stake in the Kenyan telco to 55 percent. The Nairobi listed company announced on August 13, 2026, that Mariam Cassim and Matimba Mbungela have joined as Non-Executive Directors, effective the same day. Their appointments remain subject to regulatory approval. Alongside the new arrivals, James Ludlow and Dr. Eng. John Kipngetich Mosonik have stepped down as Non-Executive Directors. The reshuffle follows June’s transaction that lifted Vodacom’s shareholding in Safaricom to 55 percent, and it signals how…

Britam Asset Managers wants Kenyan children to start investing before they can spell the word. The firm has rolled out KidNest, a children’s investment account built to give young Kenyans a running start on long term wealth creation, with parents and guardians able to open an account and begin contributing from as little as Ksh 1,000. The funds sit under professional management and grow over time, giving families a straightforward route to plan for school fees, university costs and other big milestones down the road. Why timing matters more than the amount Financial planning still trips up many Kenyan households,…

Car & General (Kenya) PLC more than quadrupled its bottom line in the first half of 2026, as strong vehicle and equipment sales across East Africa combined with a surge in earnings from its fintech associate Watu to deliver the company’s strongest six month performance in years. The Nairobi Securities Exchange listed firm reported profit after tax of KES 2.60 billion for the six months ended 30 June 2026, up 308.8% from KES 637.1 million in the same period last year. Turnover climbed 30% to KES 15.6 billion, driven by sales growth of 40% in Kenya, 35% in Uganda and…

Kenya has thrown its hat into the ring to host the 2029 World Athletics Championships, chasing a title no African nation has ever held: home to track and field’s biggest event. Nairobi now competes against London, Rome and Munich for the right to stage the championships. World Athletics plans to announce the winner in September, after the Ultimate Championships wraps up in Budapest. Government Throws Full Weight Behind the Bid Athletics Kenya calls its submission “robust,” and says it carries the backing of the national government from top to bottom. In a statement, the federation said the case for bringing…

CANAL+ has secured exclusive broadcast rights to every UEFA men’s club competition across more than 40 countries in sub-Saharan Africa, locking in coverage of Europe’s biggest football matches for four seasons through 2031. The agreement, announced this week, covers the UEFA Champions League, Europa League and Conference League, along with the Youth League and the Super Cup. Coverage begins in mid-2027 and runs through the 2030/31 season, spanning English, French and Portuguese speaking markets across the region. How the rights split by region In English and Portuguese speaking Africa, SuperSport keeps its position as the exclusive broadcaster of UEFA men’s…

Maurice Otieno stepped down as Executive Director of Baraza Media Lab this week. Eric Kinaga takes over the role. Otieno announced the move on LinkedIn, quoting a Swahili proverb: “Chenye mwanzo kina mwisho,” meaning that which has a beginning has an end. He joined Baraza’s founding team in 2019 and held the Executive Director title from April 2020. Otieno’s Record At Baraza His farewell post states Baraza raised $20 million in philanthropic funding and grew reach from 1,500 to 12,000 people over six years. His LinkedIn experience section states the lab raised $15 million over five years across more than…