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EA Cables picks ex-Safaricom manager as CEO in revival bid

EA Cables picks ex-Safaricom manager as CEO in revival bid East African Cables has hired a former Safaricom manager, Peter Arina, as its chief executive. Mr Arina will be expected to revive the flagging fortunes of the cables manufacturer. The East African Cables reported 14 per…
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Bond failure and project delays hit Home Afrika’s profit

Bond failure and project delays hit Home Afrika’s profit Property developer Home Afrika has announced a 90 per cent drop in profit last year, attributing it to project delays after the firm’s Sh900 million bond issue failed. The bond flop saw the company turn to bankers taking a loan of…
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