Browsing: Safaricom

CEO changes in 2022. www.theexchange.africa

Why does this happen? Is it governance? Is it the CEO? Is it the CEO’s relationship with the Board of Directors? Or is it something else?

High CEO turnover may boil down to an individual problem, but before pointing too many fingers, organizations may want to turn inward and seek any possible problems occurring in the history of the role as well.

Now, let us look at Kenya’s top four CEO changes in 2022.

Financial digital transformation is key to Africa's financial inclusion. www.theexchange.africa

Generally speaking, the proliferation of mobile phone technology has increased access to mobile money services (MMS) and is the backbone of mobile money deployment in both rural and urban areas of Africa.

“Despite its enormous benefits, embracing the usage and acceptance of mobile money has mostly been low due to security issues and challenges associated with the system,” warns professor Guma Ali from the Nelson Mandela African Institution of Science and Technology.

In a paper titled ‘Evaluation of Key Security Issues Associated with Mobile Money Systems in Uganda,’ the pundit suggests the need to carry out a survey to evaluate the key security issues associated with mobile money systems in Uganda (and Africa).

In the study that followed, which employed a descriptive research design, and stratified random sampling technique to group the population, some 741 registered mobile money (MM) users and 447 registered MM agents along with 52 mobile network operators (MNOs) IT officers participated.