• Home
  • Business News
  • Weekly Reviews
  • Market Reports
Saturday, August 2, 2025
  • Login
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports
  • Global Markets
  • Commodities
  • Corporate News
No Result
View All Result
The Trading Room
No Result
View All Result
Home Corporate News

Michael Joseph Named New Board Chairman at Safaricom Plc

Investor Watch by Investor Watch
in Corporate News
Reading Time: 1 min read
A A
0
Michael Joseph Named New Board Chairman at Safaricom Plc
Share on FacebookShare on Twitter

Michael Joseph has been appointed the new Safaricom Board Chairman following the retirement of Nicholas Nganga.

RELATED POSTS

Eaagads Achieves Strong Performance for Year Ending March 2025

NCBA and KAM Partner in Bid to Champion Value Chain Financing for Manufacturers

Italy and Equity Bank Forge Strategic Alliance to Revitalize Kenya’s Leather Industry

In a press statement Thursday, Safaricom CEO Peter Ndegwa said the appointment of Mr. Joseph takes effect starting August 1, 2020.

Mr Joseph who has previously served as the Teleco’s CEO is currently the board chairman of National Airline Kenya Airways Plc.

“Michael takes over from Mr. Nicholas Nganga who has been the chairman of the Board since 2007. Mr. Nganga joined the Board in May 2004 and was elected Chairman in January 2007. He has steered the company through various milestones over the 13 years he was at the helm. During his tenure as chairman, Mr Nganga has been instrumental for the monumental growth that telco has experienced. ” Said Mr. Ndegwa

Ndegwa said Nganga took up leadership reins at a time when government was starting the process of offering 25% of its shares to the public through the Nairobi Stock Exchange (NSE) in 2008.

“He has managed to grow shareholder value by 607% since listing. He has managed to grow shareholder value by 607% since listing. Safaricom market capitalization at KES 1.075 trillion is worth 50 % of all the listed firms on the NSE. ” Mr. Ndegwa added.

Post Views: 1,018
Buy JNews
ADVERTISEMENT
Tags: Michael JosephNairobi Securities ExchangeNicholas NgangaPeter NdegwaSafaricom Plc
Previous Post

Asia – Pacific Stocks Mostly High After U.S. Fed Held Rates.

Next Post

Market Report: 30 July,2020

Investor Watch

Investor Watch

Related Posts

Eaagads
Corporate News

Eaagads Achieves Strong Performance for Year Ending March 2025

by Winfred Wanja
NCBA - KAM
Corporate News

NCBA and KAM Partner in Bid to Champion Value Chain Financing for Manufacturers

by Felix Ochieng
Kenya Leather
Corporate News

Italy and Equity Bank Forge Strategic Alliance to Revitalize Kenya’s Leather Industry

by Trading Room Reporter
Part of the delegates who participated in the 2025 Tanzania – Uganda Trade and Investment roadshow, during a site visit to GALCO LIMITED, a member of GSM Group Of Companies, in Dar es Salaam.
Corporate News

Equity Group Leads Trade and Investment Mission to Uganda and Tanzania

by The Trading Room
Next Post
NSE

Market Report: 30 July,2020

S&P Dips on Worries About Earnings, Data, Stimulus and U.S Elections

Asia Stocks Mostly Rise as Oil Prices Shed Gains

Asian Markets Mixed on U.S GDP Contraction; China's PMI Data

Advertisement Banner Advertisement Banner Advertisement Banner
ADVERTISEMENT

Most Viewed Posts

  • Tea Farmers Set to Receive Kes 28 Billion as Final Bonus Payment (4,177)
  • 4 Things You Can Do With the Cashlet App to Achieve Your Financial Goals (2,283)
  • Hilda Njeru Takes over at CDSC (2,152)
  • Safaricom Finally Launches eSIM: Here’s What You Need to Know (2,052)
  • KenGen Gets Nod to Sell 4 Million Tonnes of Carbon Credits (1,873)

Follow Twitter

About Us

Follow Us

Popular Tag

Africa Asian - Pacific Stocks Asian Stock Markets Australian Stocks Bitcoin Bonds Kenya Bonds Trading in Kenya Brent Brent Crude Capital Markets Authority Central Bank of Kenya Corona Virus Pandemic Crude Oil Cryptocurrencies Derivatives NSE Derivatives Trading in Kenya Dow Jones Industrial Average Ethereum European Stock Markets Global Economy Global Markets Hang Seng Index Investing in Kenya Investor Briefing Jakarta Stock Exchange Kenya Economy Kospi index MSCI Index Nairobi Securities Exchange NASDAQ New York Stock Exchange Nikkei N225 NSE Oil Futures S&P 500 Index Safaricom Plc Shanghai Composite Shenzhen component spotlight Stock Market Report Stock Market Review U.S. Stock markets US oil Wall Street WTI Oil Index

Recent News

Tullow

Tullow Signs $120M Deal to Sell Kenyan Assets to Auron Energy EP Ltd

Eaagads

Eaagads Achieves Strong Performance for Year Ending March 2025

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 The Trading Room Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TSLA 
$302.63  1.83%  
GME 
$22.10  1.56%  
MSFT 
$524.11  1.76%  
AAPL 
$202.38  2.50%  
AMC 
$2.85  1.72%  
ABNB 
$128.02  3.32%  
GOOGL 
$189.13  1.44%  
AMZN 
$214.75  8.27%  
No Result
View All Result
  • Home
  • Business News
  • Weekly Reviews
  • Market Reports

© 2025 The Trading Room Limited.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?