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Polycarp Igathe named Equity Bank Kenya managing director

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Former Nairobi deputy governor Polycarp Igathe is now managing director of tier one lender Equity Bank Kenya.

He was named in a process where the banker is separating the management of its subsidiaries from the holding company.

In the new arrangement, James Mwangi is group CEO and MD, tasked with providing overall strategic direction and oversight to the group.

“Polycarp’s strong values and passion have enabled him to quickly fit well in the Equity Group organisational culture,” Mwangi said while unveiling the changes on Thursday.

He hailed the incoming MD as having distinguished himself as a results-oriented and committed business leader.

“He is renowned for fostering productive partnerships with external stakeholders and customers, resulting in delivery of outstanding company results”

Mwangi said: “We believe he has the skills, competence, capability, and vision to retain Equity Bank Kenya in its leadership position while taking it to the next level.”

Igathe joined the bank five months ago, as the chief operating officer, after a short stint in politics following his election as deputy governor of the Nairobi county government.

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Mwangi said the Board has completed the process of separating the operations and management of the Kenya subsidiary from that of the Group.

The NSE listed Equity Bank boasts of over 12.6 million customers spread across the Eastern and Central Africa region.

It is also cross-listed in Uganda Stock Exchange and Rwanda Stock Exchange with subsidiaries in Kenya, Uganda, Tanzania, Rwanda, South Sudan, and DRC.

Equity Bank Kenya holds the lion share of the group’s business and contributes over 80 per cent of the profitability.

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Uganda pursues truckers who escaped after positive tests

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DAILY MONITOR

By DAILY MONITOR
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Uganda’s Ministry of Health says it has intensified the search for contacts of the seven truck drivers with Covid-19 who were found in Ndeeba, a city suburb, on Saturday night.

The National Covid-19 Response Incident Commander Ateka Kagirita told Daily Monitor Monday that the truck drivers had escaped into the community after finding out their status.

Dr Kagirita said the truckers are among the 25 drivers who previously disappeared into the community after they tested positive at Elegu and Malaba border posts.

“The 24-hour operation is ongoing to hunt down all the truck drivers who escaped into the community after testing positive. We are working day and night to get who they got into contact with, establish where they slept to ensure there is no positive case in the community,” he said.

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Asked whether any action will be taken against the drivers for disappearing into the communities, aware that they could spread the disease, Dr Kagirita said he would give details later.

The Uganda Professional Drivers Network (UPDN) revealed that the Saturday night development, which they attributed to their intervention to help the government to come up with a more comprehensive plan to manage the truck drivers.

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UPDN Executive Director Ndugu Omogo said the seven are Ugandan, Kenyan and Tanzanian nationals.

“Some of them have been in the community for more than a week. Many of them ran away because there is no existing case management system. Many of them think the disease doesn’t exist and that the government just wants to steal money,” he said.

Mr Omogo explained that the drivers believe the disease is a hoax because they have not been adequately sensitised about it.

He added that many of them run away because they are freelance drivers who do not have contracts with the truck owners and when they are arrested and quarantined for 14 days, they are certain of losing jobs.

“100 per cent of the drivers who have tested positive are freelance. They do not have jobs. The only way they get money is when they return the trucks. Nobody accepts them in the community when they test positive,” he said.

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Kenya: Wrong Contact Details Hurt Efforts to Trace Suspected Cases

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Kenyans are on the spot for providing wrong contacts during Covid-19 testing, hampering efforts to trace suspected cases.

During a press conference Sunday, Health Chief Administrative Secretary Rashid Aman said the trend is endangering lives.

“Once the results are out, such individuals become unavailable. This is serious considering some of them have tested positive and we are unable to trace them,” he said.

Dr Aman called on those who are being tested to provide the correct information. He said a mobile laboratory is being set up in Namanga for truck drivers.

“We are hoping the turnaround time is going to be reduced,” Dr Aman said, adding that the government had established holding facilities for truckers as they wait for their results.

He said the Health ministry is collaborating with county commissioners to ensure truckers do not mingle with the community, to reduce the rate of virus transmission.

Dr Aman reiterated that the government will meet costs of treatment and quarantine. “It is a concern for the people because most shy away when they hear that costs are their own,” he said.

OBEY GUIDELINES

The CAS warned Kenyans who are not adhering to guidelines, saying containment measures can only be eased depending on their behaviour.

“I can assure you, just like the President said yesterday, the partial lockdown measures would not go on longer than necessary, and will be reviewed if Kenyans follow the containment measures in order to reduce the number of infections,” he said.