Konga founder Sim Shagaya steps down as CEO

Nigerian tech entrepreneur Sim Shagaya has announced he is stepping down as the CEO of Konga, which is one of Africa's leading e-commerce companies.

By Paul Adepoju

28 Jan 2016

Image credit:

Image credit: Ventureburn.com

In an email sent to the company's staff, Shagaya said he is stepping down to assume the role of the chairman of the company's board of directors. Former Konga COO Shola Adekoya has been appointed acting CEO, who will be in charge until in interim until the board has made a new appointment.

Read more on Ventureburn.com.

Top stories

EducationAfrican brand guru Thebe Ikalafeng appointed chancellor of Sol Plaatje University

11 hours

Boudine Henningse, Executive: Operational Effectiveness, Ariston Global

HR & Management#BizTrends2026 | Ariston Global's Boudine Henningse: Steering corporate wellness into 2026

Boudine Henningse 11 hours

Charne Munien is the strategy director at Rogerwilco. Source: Supplied.

Marketing & Media#BizTrends2026 | Rogerwilco's Charné Munien: Brands in the new age of answering machines

Charne Munien 18 hours

Robyn Gouws, Coding and Robotics teacher at Reddam House Waterfall

Education#BizTrends2026 | Reddam House Waterfall's Robyn Gouws: Girls are taking Stem by storm

Robyn Gouws 13 hours

Source:

Marketing & Media$2500 awaits you! How to enter the 2026 SADC Media Awards

16 hours

Promoted

R200,000 up for grabs in Toughees ‘Tough Like Us’ back-to-school competition

RetailR200,000 up for grabs in Toughees ‘Tough Like Us’ back-to-school competition

Bata 2 days

More news

Cape Town launches global tourism campaign targeting New York and London

Tourism & Travel

Cape Town launches global tourism campaign targeting New York and London

15 hours

Navigating the storm: How to manage and move on after retrenchment

HR & Management

Navigating the storm: How to manage and move on after retrenchment

Waterfall School of Business 13 hours

The new fundamentals: What employees expect from IT support in 2026

ICT

The new fundamentals: What employees expect from IT support in 2026

Oscar Modiba, BET Software 2 days

Image supplied.

ESG & Sustainability

#BizTrends2026 | Interwaste's Justin Bott: Waste management as a cornerstone to building climate resilience

Justin Bott 15 hours

Calls grow to redesign entrepreneurial ecosystems in the Global South

Entrepreneurship

Calls grow to redesign entrepreneurial ecosystems in the Global South

14 hours

Take a trip down the wilder side of memory lane on the History Channel this January

Marketing & Media

Take a trip down the wilder side of memory lane on the History Channel this January

Hearst Networks Africa 2 days

2026 must haves: Skin Renewal’s trend forecast

Healthcare

2026 must haves: Skin Renewal’s trend forecast

Skin Renewal 14 hours

Image credit: Philipp P Egli - Own work, ,

Energy & Mining

Eskom allays safety, loadshedding fears after reducing power at Koeberg

15 hours

Image credit: Reuters/Caitlin Ochs/File Photo

Healthcare

Gates Foundation and OpenAI's $50m push for AI health in Africa

Jennifer Rigby 18 hours

Kevin Dam, Director at Kisch IP

Legal

#BizTrends2026 | Kisch IP's Kevin Dam: Micro, macro and mega trends steering the future of the legal sector

Kevin Dam 17 hours

Image credit: on Pexels

Healthcare

#BizTrends2026: The trends set to shape beauty and wellness in 2026

Maroefah Smith 18 hours

Nestlé BarOne energises cricket fans as official Cricket SA snack partner

Retail

Nestlé BarOne energises cricket fans as official Cricket SA snack partner

19 hours

Source: Pexels.

Finance

African Bank earns fifth Top Employer title with a people-first focus

18 hours

Image supplied

HR & Management

AI leads the charge: C-suite eyes a positive 2026

1 day

Momentum Group certified as Top Employer 2026

HR & Management

Momentum Group certified as Top Employer 2026

Metropolitan 1 day

Let's do Biz