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Monthly Archives: September, 2022

Val Lukhanyu

Trademark East Africa appoints David Beer as new CEO

Trademark East Africa (TMEA) has appointed David Beer as the new CEO effective 1st September 2022. He succeeds Frank Matseart, the TMEAs founding CEO who has been with the company for over a decade. Prior to his appointment, David Beer was formerly the British High Commissioner to Malawi...
Val Lukhanyu

NCBA Invests $16.6 Million in Tanzanian Subsidiary

NCBA Group has announced plans to invest $16.6 million in its Tanzanian subsidiary this year, a move that will see the firm increase its capital that was famished by losses and a rise in defaults due to the economic fallout from the global COVID-19 pandemic. The new capital being deployed in...
Val Lukhanyu

KPLC blocks third-party token purchase

The Kenya Power and Lighting Company (PLC) has blocked all third-party agents from selling tokens to its pre-paid customers effective September 1. All payments for tokens and KPLC postpaid bills will be restricted to only its authorized channels. KPLC customers using prepaid channels will purchase their tokens via the...