Betting firm Betika has extended support to the National Super League teams by donating kits for the season commencing on November 6. Betika says this is an addition to its 3-year Ksh 90 Million sponsorship for the league where teams will receive financial support to facilitate and uplift the game. “We are steadfast in giving back to society. Since we came in as the sponsors, the Covid-19 pandemic has been the bottleneck to our efforts and I must say we shall not look back in supporting the league moving forward,” said Betika chief executive Nicholas Mruttu at the event held…
Author: David Indeje
David Indeje
David Indeje is the community engagement editor at Khusoko, a leading digital platform for East African business news. He oversees editorial content, drives audience engagement, and amplifies diverse voices. Indeje also consults on digital strategy for brands in agriculture, governance, technology, and health, while exploring AI’s impact on journalism. In addition, he serves as a communications officer at KICTANet, advancing digital inclusion and policy dialogue.
East African Breweries’ medium-term note has been oversubscribed by 245 per cent with the brewer receiving KSh37.9 billion. The brewer had targeted to raise KSh11 billion in debt in an offer that was open for 15 days beginning October 6, 2021. “The fact that this achievement was delivered in the face of depressed economic conditions further signifies the belief investors have in our strategy as this business turns 100 next year,” said EABL Group CEO Jane Karuku. The funds will be used to finance investments in expanding production, repay debts taken in the ordinary course of business, refinance short-term borrowings…
Kenya says it will deploy the use of the new novel oral polio vaccine type two (nOPV2) aimed at addressing mutants of the virus. Kenya is among the countries that have been certified to use the novel oral vaccine type two as part of its prioritised polio eradication initiatives. However, the country remains polio-free according to the Head of Public Health Dr Francis Kuria. “The Ministry of Health has stepped-up routine immunization activities and in 2020 the country achieved Oral Polio Vaccine 3 (OPV3), coverage of 85 per cent,” Dr Kuria said during the commemoration of the World Polio Day…
Online video streaming platform Netflix says it will premier a series of an “Anthology of African Folktales, Reimagined” in 2022. This will be through a Netflix and UNESCO partnership innovative short film competition across Sub-Saharan Africa. Winners of the competition will be trained and mentored by industry professionals and provided with a US$75,000 production budget to create short films that will premiere on Netflix in 2022 as an “Anthology of African folktales”. Netflix and UNESCO say a key aim of this competition is to discover new voices and to give emerging filmmakers in Sub-Saharan Africa visibility on a global scale.…
The Kenyan shilling depreciated to a record against the dollar attributed to increased import activities by local traders. The shilling touched KSh 111.02 per US dollar on October 21, compared to KSh 110.81 per US dollar on October 14 according to data from the Central Bank of Kenya. Besides its weakening, the CBK says “The Kenya Shilling remained stable against major international and regional currencies during the week ending October 21.” The Kenya shilling has depreciated against the US Dollar by 2.4 per cent in Q3’2021, to close at Kshs 110.5, from Kshs 107.9 in Q2’2021a 9-months low. This is…
This is a build-up to the first and the second stimulus packages that were designed to ensure the Kenyan economy could endure the shocks occasioned by the coronavirus pandemic.