By Luis Monzon
As this week comes to a close we take a look at the stories that resonated most with our readers.
This week, Safaricom gifts shares worth a vast amount of money to its top executives, South Africa moved to Adjusted Lockdown Level 3 and with the move came new regulations to know, as well as the announcement of when people in the age group of 18 to 34 can register for vaccinations.
Finally, Google partners with Nigeria-based Maliyo Games to launch a five-month game developer training programme for lovers of video games in Nigeria, Kenya and Ghana.
Find out more about this week’s top articles:
Several senior executives at Safaricom have been awarded 16.4 million shares with a current market value of $6.4-million for free in March as compensation for their past performance.
The shares are being given to senior executives as part of compensation for meeting or exceeding performance targets. Traditionally, the company’s CEO and CFO have taken most of the stock-based compensation.
However, the current holders of these offices, CEO Peter Ndegwa and CFO Dilip Pal, were not amongst those awarded shares in the review period, since they only joined Safaricom recently.
Source:: IT News Africa