Author: Khusoko

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

Michael Mutiga, managing director of Citi Bank tapped by Safaricom as head in charge of strategy and acquisitions effective 1st May 2022. Mr. Mutiga replaces former Safaricom’s chief of special projects and acting chief business development and strategy officer Joe Ogutu who retired from the company in April. “He will lead Safaricom’s business development and transformation agenda, and will be responsible for strategic partnerships, mergers, and acquisitions; Safaricom’s funding strategy and asset optimisation,” said Safaricom chief executive Peter Ndegwa on Wednesday.  With over 20 years of experience in Banking, Michael joins Safaricom from Citibank where he was a Managing Director…

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Amid high demand and supply constraints, Apple and Samsung enjoyed nearly 60 percent of the global tablet market in the January-March quarter, according to a new report. Apple iPadOS shipments (sell-in) fell 6 percent (year-on-year) to 15.8 million units in Q1 2022, with worldwide market share climbing 1.7 percentage points to 39 percent as the tech giant outpaced the market, according to market research firm Strategy Analytics. Samsung led the Android market with only a 1.2 percent decline in Q1 2022 to 8.2 million units. Its market share increased by 1.8 percentage points to 20 percent during the same period.…

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Kenya’s biggest telecom operator Safaricom has named Stephen Kiptinness as its new chief strategy officer with effect from 1st May 2022, subject to relevant regulatory approvals. If approved, he will be replacing Stephen Chege who is the current Vodacom Group Chief External Affairs Officer.   Kiptinness will be responsible for the organization’s reputation management, public policy, and legal and regulatory affairs. He will also steer the development and implementation of Safaricom’s corporate investment strategy as well as oversee internal and external communications. Prior to his appointment, Kiptinness was a Senior Partner at Kiptinness & Odhiambo Associates LLP where he headed the…

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Google Cloud has hired Jack Ngare to join Google Cloud’s Office of the Chief Technology Officer (CTO) as a Technical Director. Ngare is joining Google Cloud from Microsoft with over 15 years of experience in various business functions. At Microsoft, he served as the managing director of the Africa Development Centre in Kenya.  Prior to that, he worked at Finserve Africa as part of Equity Group, where he served as managing director. “Google Cloud’s Office of the CTO not only helps our customers create their future with technology but also guides Google on what challenges the world’s enterprises are trying…

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Kenya Association of Manufacturers Chief Executive Phyllis Wakiaga is exiting from the association after nine years of service. The lobby’s Board Chair Mucai Kunyiha said Wakiaga has left to pursue a new professional challenge in an Africa Advisory role. She is currently serving her notice and will officially be leaving on June 30.  “Since joining KAM as the Head of Policy, Research, and Advocacy in 2013, and later taking over the leadership mantle in 2015 as CEO from (now CS) Betty Maina, Phyllis has brought a tremendous level of energy, enthusiasm, and industry knowledge to the organization,” Kunyiha said in…

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Safaricom has announced the retirement of its long-serving senior executive Joe Ogutu, Chief of Special Projects and Acting Chief Business Development & Strategy Officer.  “Throughout his career, and indeed the 17 years he has been at Safaricom, Joe has built a reputation as an outstanding business leader, mentor, and coach to many; qualities that we at Safaricom have benefitted greatly from. The hallmark of Joe’s career and contribution to the success of Safaricom was his absolute willingness to step into an unexpected role whenever requested, even if it meant stretching his workload tremendously. All the CEOs of Safaricom, from Michael…

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