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Blog Posts

Shoprite prepares Kenya entry

Posted by CFO Kenya on November 16, 2017 at 8:00 0 Comments

Cape Town-based Shoprite Holdings is in talks to open its first Kenyan stores, making a similar move to Choppies and filling the retail space left vacant by the Nakumatt chain.

The move would be a major step in Shoprite’s expansion, and help to strengthen its…

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Choppies fills the gap left by Nakumatt

Posted by CFO Kenya on November 9, 2017 at 8:00 0 Comments

According to Reuters, Botswana’s Choppies intends to treble the number of stores it has in Kenya over the next three years.

Choppies CE Ramachandran (Ram) Ottapathu, says this means increasing the number of stores in Kenya from 11 to as many as 25. He added,…

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Sh30 billion cut in development budget

Posted by CFO Kenya on November 2, 2017 at 8:00 0 Comments

Kenya’s Treasury has cut development spending by Sh30 billion for the current financial year, in a bid to stop the ever-increasing budget deficit and appetite for borrowing, amid missed revenue targets.

Treasury announced the cut in a recent…

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Senele Mbatha new AIG Africa CFO

Posted by CFO Kenya on October 26, 2017 at 8:00 0 Comments

Leading global insurance organisation, American International Group, Inc (AIG), recently promoted Senele Mbatha to the role of CFO for AIG Africa.

Mbatha, a CA, has held several senior positions at AIG, his most recent being that of Regulatory Controller…

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Founded by CFO Africa

CFO Kenya is founded by CFO Africa, a pan African network for senior finance professionals. CFO Africa connects professionals online and live in order to share knowledge, exchange interests and open up business opportunities. CFO Africa operates in Kenya, Nigeria and South Africa and is looking for partners to launch activities in other African countries. www.cfoafrica.net

Latest Activity

CFO Kenya posted a blog post

Shoprite prepares Kenya entry

Cape Town-based Shoprite Holdings is in talks to open its first Kenyan stores, making a similar move to Choppies and filling the retail space left vacant by the Nakumatt chain.The move would be a major step in Shoprite’s expansion, and help to strengthen its position outside South Africa. According to its annual report, at the…See More
Nov 16
Antony Kambiriri updated their profile
Nov 9
Profile IconPRECIOUS ROMEO, Gurudas Saha and Antony Kambiriri joined CFO Kenya | Finance Professionals Kenya
Nov 9
CFO Kenya posted a blog post

Choppies fills the gap left by Nakumatt

According to Reuters, Botswana’s Choppies intends to treble the number of stores it has in Kenya over the next three years.Choppies CE Ramachandran (Ram) Ottapathu, says this means increasing the number of stores in Kenya from 11 to as many as 25. He added, however, that the company was not in talks about taking…See More
Nov 9
CFO Kenya posted a blog post

Sh30 billion cut in development budget

Kenya’s Treasury has cut development spending by Sh30 billion for the current financial year, in a bid to stop the ever-increasing budget deficit and appetite for borrowing, amid missed revenue targets.Treasury announced the cut in a recent mini-budget, according to which project spending will drop from the initial…See More
Nov 3
CFO Kenya posted a blog post

Senele Mbatha new AIG Africa CFO

Leading global insurance organisation, American International Group, Inc (AIG), recently promoted Senele Mbatha to the role of CFO for AIG Africa.Mbatha, a CA, has held several senior positions at AIG, his most recent being that of Regulatory Controller for Africa, which had him overseeing the full finance function of South…See More
Oct 27
CFO Kenya posted a blog post

Aon launches cyber protection policy

Kenya lost about Sh18 billion to cybercrime in 2016, according to an ICT security survey conducted by KNBS. A new product from insurance broker Aon Kenya aims to change this. The insurer has launched a policy aimed at protecting businesses from cyber risk.The product, Aon Cyber Enterprise Solution, the first of its kind in…See More
Oct 20
CFO Kenya posted a blog post

New app provides economic data for Kenya, Angola, Liberia, and Mali

Thomson Reuters has launched a dedicated Decision Africa app that provides financial professionals with comprehensive market and data leading up to and after the elections in Kenya (8th August), Angola (23rd August), Liberia (10th October), and Mali (29th October).The app features a chart book page of all four countries with…See More
Aug 11
CFO Kenya posted a blog post

David Meads new Cisco VP for Middle East and Africa

Cisco has appointed David Meads as the new Vice President of its Middle East and Africa operations. Meads will oversee the execution of the company’s strategy in these two regions, ensuring the technology leader maintains its momentum at the forefront of digital transformation efforts.Meads…See More
Aug 3
CFO Kenya posted blog posts
Aug 1
CFO Kenya posted blog posts
Jul 13
John Martin is now a member of CFO Kenya | Finance Professionals Kenya
Jun 22
CFO Kenya posted blog posts
Jun 22
CFO Kenya posted a blog post

Nicholaos Yiannakis new Limuru Tea MD and Chair

NSE-listed agricultural firm Limuru Tea has appointed a former Unilever executive, Nicholaos Yiannakis, as its new MD and chairman. Yiannakis takes over from Duncan Stickler, who is retiring from both roles.Limuru Tea said in a statement:“Nicholaos has over four years of professional experience in executive management and was the immediate former managing director of Unilever Tea…See More
Jun 8
CFO Kenya posted blog posts
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CFO Kenya posted blog posts
May 18

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