Michael Joseph (businessman)

Michael Joseph is a South-African born kenyan businessman who was the founding CEO[1] of Safaricom Limited, the largest telco in Kenya, also acting as the interim CEO[2][3] after the death of former CEO Bob Collymore, from the 2nd of July 2019 to the 31st of March 2020. He is also the Chairman of Kenya Airways.[4] He is credited for transforming Safaricom from a department in Telkom Kenya to one of the largest corporations in the region.[5][6][7][8][9][10][11][12][13]. In October 2019, it was announced that he will be succeeded at Safaricom by Peter Ndegwa (business executive) on 1 April 2020.[14]

Michael Joseph
NationalitySouth African
CitizenshipKenyan
OccupationChairman Safaricom, Chairman Kenya Airways
EmployerSafaricom, Kenya Airways
PredecessorBob Collymore
SuccessorPeter Ndegwa (business executive)

controversy

According to Çnyakundi.com, Mr Joseph has multiple times been described as "Mr 10 percent"(sometimes with evidence) for always demanding for 10 percent of the cost of tenders safaricom gave while he was CEO.[15]

[16][17][18] References
  1. "Goodbye Michael Joseph". Daily Nation. Retrieved 2019-07-08.
  2. "CORRECTED-UPDATE 3-Kenya's Safaricom names ex-CEO Joseph as interim..." Reuters. 2019-07-02. Retrieved 2019-07-08.
  3. "Senior management - Safaricom". www.safaricom.co.ke. Retrieved 2019-07-08.
  4. "Kenya Airways shareholders back restructuring plan". Reuters. 2017-08-07. Retrieved 2019-07-08.
  5. "Safaricom's Michael Joseph to step down in November". Reuters. 2010-07-22. Retrieved 2019-10-09.
  6. "Kenyan Safaricom extends money transfers to Britain". Reuters. 2009-10-13. Retrieved 2019-10-09.
  7. Safaricom's former CEO's biggest mistake - CNN Video, retrieved 2019-10-09
  8. Rice, Xan (2007-03-20). "Kenya sets world first with money transfers by mobile". The Guardian. ISSN 0261-3077. Retrieved 2019-10-09.
  9. "He built Sh250bn empire from scratch". Daily Nation. Retrieved 2019-10-09.
  10. "Safaricom and the making of a Kenya brand". The Standard. Retrieved 2019-10-09.
  11. Mahugu, Jacqueline. "I ran Safaricom from a hospital bed: How Michael Joseph dared to dream". Standard Digital News. Retrieved 2019-10-09.
  12. "Safaricom and the making of a Kenya brand : The Standard". The Standard. Retrieved 2019-10-09.
  13. "UPDATE 2-Safaricom's Joseph steps down, Collymore takes over". Reuters. 2010-07-22. Retrieved 2019-10-09.
  14. Kejitan, Vincent. "Michael Joseph's message to those attacking Peter Ndegwa because of his tribe". UREPORT-CITIZEN JOURNALISM. Retrieved 2019-11-29.
  15. "How Michael Joseph "Mr 10%" Returned KQ Loot After Being Busted". Çnyakundi.com. 28 June 2020.
  16. "Collymore next Safaricom CEO". Daily Nation. Retrieved 2019-10-09.
  17. "Goodbye Michael Joseph". Daily Nation. Retrieved 2019-10-09.
  18. "Safaricom and the making of a Kenya brand". The Standard. Retrieved 2019-10-09.


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