Kenya’s largest telecommunications company, Safaricom Plc has acquired an insurance license ending a four year wait as part of its product diversification strategy. Peter Ndegwa, Safaricom’s chief executive officer (CEO) disclosed during the telco’s half year earnings call that it had secured the permit from the Insurance Regulatory Authority (IRA).”We have revamped our wealth proposition…...
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Safaricom acquires insurance license after four year wait
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
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