uniRank has placed the University of Nairobi at position 7 in the 2020 African University Ranking. The ranking recognizes the most popular top 200 higher-education institutions in Africa.

Interestingly, the first 6 universities in the ranking are from South Africa led by the University of Pretoria. University of Cape Town and University of Witwatersrand are in position 2 and 3 respectively. In East Africa, Kenyatta University was ranked 16 followed by Makerere University at number 20.

Kittony had been serving on the board after being appointed as a director of the NSE on May 30, 2018.

Mr. Kittony holds both a Bachelor of Commerce and a Bachelor of Laws degree from the University of Nairobi and a Global Executive MBA from the United States International University (USIU).

“I am very honored and privileged to be appointed as the next Chairman of the leading Securities Exchange in East and Central Africa. I salute the outgoing Chairman and will build on his excellent stewardship,” Mr. Kittony said.

Corona effect?

Dr James Mwangi, Group Managing Director and CEO of Equity Group Holdings said the global COVID-19 pandemic has mutated into a global economic crisis, occasioned by a sudden standstill of economic activity as a result of the lockdown. “This has introduced unprecedented uncertainty within the global financial systems prompting us to adopt a conservative approach – fortifying our balance sheet and assuring ample liquidity to support our customers,” Dr Mwangi said.