Stephen Chege & Donald Wangunyu appointed to the NSE Board of Directors
Shares
The Board of Directors of the Nairobi Securities Exchange (NSE) has announced the following changes in the Board.
1. Retirement of Directors
Mr. Samuel Kimani – former Board Chairman and an Independent Non-Executive Director.
Mr. Bob Karina – Board Vice-Chairman and Director representing Trading Participants.
Mr. Hosea Kili – Independent Non-Executive Director.
Mrs. Nasim Devji – Non-Executive Director representing Listed Companies.
2. Re-election of Directors
Ms. Risper Alaro-Mukoto – Independent Non-Executive Director.
Mr. Paul Mwai – Non-Executive Director representing Trading Participants.
3. Election of new Directors
The Board is pleased to announce the appointment of the following to the Board.
Soya founder Paul Tergat said: “I wish to pay tribute to our partners for seeing beyond the challenges and indeed, the adversity of Covid-19 and sharing their little resources towards making the Soya 2020 recognition awards and sports symposium possible.”
Soya panel chairman Chris Mbaisi noted that this year’s event will be different from the previous one mainly because many sports men and women were barred from sports participation due to the pandemic.
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“The event will be different from previous as we shall not be rewarding top performances in area of sport but rather recognising efforts and possibilities during the year 2020, because sports is a resilient human endeavour, we shall host a sports symposium and a gala night to honour a few people who made an effort to overcome adversity,” Mbaisi said.
Kisumu s 63-year-old Ofafa estate set for Sh3 billion facelift 3 months ago
Governor Anyang Nyong o (left) laid the foundation stone for the houses on December 9, 2020 [Photo: Courtesy]
The 63-year-old Anderson Ofafa Estate in Kisumu will undergo a Sh3 billion facelift thanks to the County Pension Fund and Laptrust Fund. The county authorities have embarked on a two-year low-cost housing project to give the estate a new look befitting Kisumu city status. On Wednesday, Governor Anyang Nyong o laid the foundation stone for the houses of retirees from the defunct Kisumu Municipality.
Some tenants have lived in the houses for more than 20 years and were paying as low as Sh4,000 for a one-bedroom or two-bedroom house. But now, the houses, which they have lived in for years, are set for an upgrade with a vision to make them homeowners in the noble low-cost affordable housing project mooted by President Uhuru Kenyatta. Kenya’s Affordable Housing Programme (AHP) was launched in De