Business & Economy3 stories
Naivas Appoints New CEO, M-KOPA Posts First Profit & KUCCPS Seeks New Leader - October 2025
Naivas Supermarkets, Kenya’s largest retail chain, has appointed Andreas von Paleske as its new Chief Executive Officer, the first non-family executive to lead the company. He succeeds founder David Kimani, who is stepping down after 35 years. In another corporate development, M-KOPA Holdings Ltd., a prominent African consumer lender, announced its first-ever annual profit of US$9.2 million in 2024. This marks a significant turnaround from a US$20.6 million loss the previous year. Additionally, the Kenya Universities and Colleges Central Placement Service (KUCCPS) has started a search for a new Chief Executive Officer as the term for Agnes Mercy Wahome concludes next year, with applications open until October 28, 2025.