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Safaricom....Collymore Successor Yes Kenyan Can
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay
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Angelica _ann wrote:Why should GoK fight for 1 position at Safraicom, yet Safaricom employees Kenyans in its thousands directly and indirectly. Why does this 1 position matter to them so much. If one is the biggest shareholder in a company, then they need to have a say on how its run, and also who runs it.
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Rank: Member Joined: 3/9/2010 Posts: 320 Location: kenya
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cyruskulei wrote:[quote=Fyatu]Who is this Sylvia Mulinge? What are her accomplishments? Can someone post her curriculum Vitae hapa wazua we scrutinize it. The noise on social media suggests that she is just another overrated Kenyan(like Wanyama and Kahata) who is bound to disappoint big time and cause major heartache.
Also, why is the government meddling with affairs of a public listed company? If they like, they can as well demand that the CEO of Diageo East Africa, Bamburi, United Nations Nairobi etc to be a Kenyan. I am not against a Kenyan being CEO, what i am against is our overly corrupt and grossly inept government meddling with private enterprises.
The current kenyan government has become a copycat government. Worse is that it benchmarks with other failed shithole dwarf countries like Tanzania. If Tanzania insists CEOs of certain companies must be Tanzanian, or shareholding structure in Telcos must be 51% Tanzanian, our lazy minister cobbles up a copy-pasted(Tanzanian) policy and presents it to cabinet and is approved without questions. Weka CV ya Sylvia hapa and let wananchi give opinion kama anaweza ama hawezi?
ni hayo tu kwa sasa FYI her full names: Sylvia Wairimu Mulinge https://en.wikipedia.org/wiki/Sylvia_Mulinge[/quote] Another thread on Sylvia: https://uhondo.news/why-...ichael-joseph-explains/
Work hard at your job and you can make a living. Work hard on yourself and you can make a fortune.
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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hardwood wrote:Angelica _ann wrote:Why should GoK fight for 1 position at Safraicom, yet Safaricom employees Kenyans in its thousands directly and indirectly. Why does this 1 position matter to them so much. If one is the biggest shareholder in a company, then they need to have a say on how its run, and also who runs it. GoK is not the biggest shareholder in Safaricom. Their stake is equal to Vodacom (which if you combine with Vodafone stake is higher than GoK), so they have the same if not greater voice. Obviously the rest of the shareholders will side with Vodacom/Vodafone axis. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya
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I think Sylvia is brilliant. She holds the second highest position at Safaricom after the CEO and if you look at what her role entails, it's very serious. However, GoK cannot be trusted!!
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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nairobby wrote:I think Sylvia is brilliant. She holds the second highest position at Safaricom after the CEO and if you look at what her role entails, it's very serious. However, GoK cannot be trusted!! CEO CFO CTO Then the rest follows. That is the pecking order Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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Ericsson wrote:nairobby wrote:I think Sylvia is brilliant. She holds the second highest position at Safaricom after the CEO and if you look at what her role entails, it's very serious. However, GoK cannot be trusted!! CEO CFO CTO Then the rest follows. That is the pecking order Was wondering how Slyvia's position is the 2nd in command at Safaricom, should be the finance guy. Though Bob elevated Ogutu as his right hand man at Safcom (something even MJ used to do). The mzee is a survivor from Telcom days. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Angelica _ann wrote:Ericsson wrote:nairobby wrote:I think Sylvia is brilliant. She holds the second highest position at Safaricom after the CEO and if you look at what her role entails, it's very serious. However, GoK cannot be trusted!! CEO CFO CTO Then the rest follows. That is the pecking order Was wondering how Slyvia's position is the 2nd in command at Safaricom, should be the finance guy. Though Bob elevated Ogutu as his right hand man at Safcom (something even MJ used to do). The mzee is a survivor from Telcom days. Sylvia is just a hype. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Foreign national tops race to succeed CollymoreThe race to succeed deceased Safaricom CEO Bob Collymore gathered pace Tuesday with the board said to have settled on a foreign national to take over the helm of Kenya’s most profitable company. The Treasury owns 35 percent shares of the Nairobi Securities Exchange-listed telco while British company Vodafone and its South African subsidiary Vodacom together control a 40 percent stake. Vodafone is said to have a pre-emptive right to appoint the CEO of the Kenyan telecommunications company.Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Ericsson wrote:Foreign national tops race to succeed Collymore
The race to succeed deceased Safaricom CEO Bob Collymore gathered pace Tuesday with the board said to have settled on a foreign national to take over the helm of Kenya’s most profitable company.
The Treasury owns 35 percent shares of the Nairobi Securities Exchange-listed telco while British company Vodafone and its South African subsidiary Vodacom together control a 40 percent stake.
Vodafone is said to have a pre-emptive right to appoint the CEO of the Kenyan telecommunications company. Fake news "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
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Rank: Member Joined: 1/18/2019 Posts: 185 Location: kenya
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Ericsson wrote:nairobby wrote:I think Sylvia is brilliant. She holds the second highest position at Safaricom after the CEO and if you look at what her role entails, it's very serious. However, GoK cannot be trusted!! CEO CFO CTO Then the rest follows. That is the pecking order Sylvia role is more important than CFO/CTO my friend. There is a reason that CCO position was specially created. Even the arrangement of senior management on their website does well to highlight that.
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