Safaricom injected KSh601 billion into the Kenyan economy in the year ended March 2019. The company says the number of jobs created directly or indirectly now stands at 978,633.
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Real People, a non-deposit taking financial solutions provider for businesses in East Africa, has restructured it’s debt after noteholders resolved to extend the repayment period of its KSh267.1 million notes maturing in 2019 to February 28, 2020. In a notice to the Dailies, the firm said on Wednesday it held a meeting with the holders of KSh267.1 million and Sh1.04 billion notes who agreed to the proposal through an extraordinary resolution. Among the resolutions, the noteholders agreed that the final maturity dates for the Ksh 1.036 billion unsecured note be extended to 24 July 2028. “The Notes shall be redeemed…
The Promises and Dreams of ordinary Kenyans embodied in the Constitution of Kenya 2010 may, after all, have a guardian angel in the Reformed Judiciary of Kenya.
A key challenge to a Low-carbon future for Kenya is plastics – CEO Kariuki Ngari Standard Chartered Kenya has taken up the plastics challenge by banning the single-use plastic from its workplace; starting off at its Chiromo Head Office in Westlands, Nairobi. The company estimates that through the initiative described as “A tremendous step”, will see more than 1,500 employees learn how to live ‘at least 8 hours of the day, without single-use plastic’. “These stakes are high when it comes to our shared environmental challenges and the one planet we all must reside in. It is indeed ‘business unusual,’…
KCB Group on Tuesday said it will uphold the relevant legal and regulatory requirements at every stage of its bid to acquire state-owned National Bank of Kenya. In response to Kenya’s Parliamentary Committee on Finance and National Planning recommendation for its bid to be rejected, it said “The offer was made in the best interest of KCB and NBK shareholders,” adding that they have up to August 31, 2019, to make a decision on the offer. KCB received its shareholders’ approval to proceed with the proposed acquisition of NBK during its AGM held on May 30, 2019. Similarly, during its…
The Kenya Journalism Review, a quarterly publication, was unveiled on Thursday by the Kenya Editors Guild (KEG) borne out of the need to offer an opportunity for industry practitioners and stakeholders to interrogate and analyse issues. Introducing the issue in a first page editorial, Tim Wanyonyi, the editor writes, ‘Birth of a new era in Kenyan journalism’, “We hope that the Kenyan Journalism Review will not only enhance the factors informing the performance of the media, but also the environment in which they operate and their relationships with other actors.” Launching the publication at the sidelines of the 2019 Annual…