Tusker Mattresses Ltd. automated Lipia Pole Pole Layby solution for customers wishing to purchase items on easy installments has transacted Ksh 0.5 billion eight months after launch. The innovative payment option was introduced at Tuskys physical stores in September 2017 and is powered by Flexpay, a local FinTech start-up focusing on retail solutions. Dan Githua, Tuskys Group CEO, says the Lipia Pole Pole solution has been embedded in the new e-commerce platform. “We are very excited about this product which we have been testing for months,” said Githua. “Our 66 locations in East Africa, also means we have a delivery…
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.
The retail sector in Kenya recovered strongly in 2018 after a slump in 2017, as foreign retailers increased their investments in expansion plans taking advantage of the woes affecting the local players. This has been attributed to Kenya’s rising middle class which has seen the development and modernisation of its retail sector and a financially attractive business environment. Kenya’s retail sector in 2018 was bullish as notable local and international retailers breathed new life into what was seen as a declining sector. This was mainly attributed to a conducive macroeconomic environment. “In 2018, the retail sector’s performance recovered from the…
Suzie started her career in 2001 in New York within the fashion and beauty industries before returning to Kenya in 2007.
BOC Kenya has named Ruben Chetty as Non-Executive Director, replacing Andy Gouws who has resigned following his retirement. Chetty currently holds the position of Commercial and Business Development Manager for African Oxygen Limited (Afrox) Emerging Division. He joined Afrox in 2007 and has held various senior roles in the areas of sales and marketing. “His extensive experience in the industrial gases market and his strategic and commercial insights will be of immense value to the board of BOC,” said Ms. R.T Ngobi, the Company Secretary on behalf of the Board. Gouws was appointed as a non-executive director in November 2016.…
Kenya’s central bank has unveiled the country’s new generation coins that will be in circulation beginning Tuesday. President Uhuru Kenyatta and the Central Bank of Kenya Governor Dr. Patrick Njoroge unveiled the new currency as stipulated under the 2010 Constitution. “The new coins bear a significant aspect of our nation, and therefore will serve as a means of passing knowledge, conserving culture and promoting our global uniqueness. By engraving the selected images in the coinage, an awareness of our country and its characteristics will be revitalized, giving physical expression to a Newly Reborn and Prosperous Kenya,” said Dr. Njoroge. The…
A regional Clearing Agents Framework will facilitate free trade and industrialisation will enhance trade facilitation and border control within the East African Community. This is according to Mr. John Njiraini, Commissioner General at Kenya Revenue Authority (KRA) also emphasised that the harmonization of customs systems will ease sharing, exchange of information and harmonization of business processes. “We should have Information Systems compatibility to give us visibility of across the systems platforms to monitor and track the goods declaration and clearance processes across our borders,” Njiraini said. The Commissioner-General said the use of Regional Electronic Tracking System (RECTS) as a step…