Author: Muindi

NCBA Group PLC has confirmed the resignation of its Group Company Secretary, Kathryne Kamene Maundu, effective October 1, 2025, as she steps down to pursue personal interests. Maundu exits with a distinguished legacy in corporate governance, regulatory leadership, and regional influence. She was recently conferred Fellowship status by the Institute of Certified Secretaries of Kenya during its 30th Annual Dinner held on August 29. “The Board expresses its sincere appreciation for her invaluable service and wishes her the very best in her future endeavors,” NCBA said in a public notice issued on October 2. Who Is Kathryne Kamene Maundu? An…

East African Breweries PLC’s fifth Sustainability Report is packed with bold moves, local wins, and a clear message: doing good is good business. From powering factories with clean energy to helping farmers double their harvests, EABL is showing how a company can grow while lifting communities and protecting the planet. “Sustainability is in Every Drop” Group CEO Jane Karuku didn’t mince words at the launch: “This year’s report reflects how we are embedding sustainability into every drop of our business. From protecting vital water sources to transitioning to renewable energy, we are proving that long-term business success goes hand in…

Zimbabwean author NoViolet Bulawayo has been awarded the 2025 Best of Caine Prize for African Writing for her short story Hitting Budapest, originally published in the Boston Review in 2010 and first awarded the Caine Prize in 2011. The new accolade, created to mark the Prize’s 25th anniversary, celebrates the most enduring and impactful story among its past winners. Announced at the inaugural Words Across Waters Afro Lit Festival on September 27, the award was presented by Ellah Wakatama OBE, Chair of the Caine Prize. The judging panel, led by Nobel Laureate Prof. Abdulrazak Gurnah and joined by Jennifer Nansubuga…

Family Bank shareholders will convene virtually on October 27, 2025, for an Extraordinary General Meeting (EGM) to vote on a proposal to list the bank’s ordinary shares on the Nairobi Securities Exchange (NSE) through listing by introduction. What Listing by Introduction Means This method allows existing shares to begin trading on the NSE without raising new capital, improving liquidity for shareholders currently trading over-the-counter. It also enhances transparency through NSE’s reporting and disclosure requirements. The board has left the door open for a future Initial Public Offering (IPO), should market conditions become favourable.  https://khusoko.com/2025/06/25/family-bank-to-list-on-nairobi-securities-exchange-in-2026/ 📲 For real-time updates and analysis,…

Bilateral trade between China and Africa surged to $222.05 billion in the first eight months of 2025, marking a 15.4% year-on-year increase, according to China’s General Administration of Customs. The growth was driven primarily by a sharp rise in Chinese exports to Africa, which jumped 24.7% to $140.79 billion. In contrast, Chinese imports from Africa rose just 2.3% to $81.25 billion, widening the continent’s trade deficit with China to $59.55 billion; nearly matching the $61.93 billion recorded for all of 2024. “China has recently announced a significant expansion of market access for 53 African nations, eliminating tariffs on all imports,”…

Kenya’s energy landscape is undergoing a dynamic transformation, with the Energy and Petroleum Regulatory Authority (EPRA) reporting a record electricity peak demand of 2,316.2 MW in the financial year 2024/2025—a 6.38% increase from the previous year’s 2,177 MW. The surge reflects broad-based economic growth and increased uptake across all consumer categories. Domestic consumption rose by 13.03% to 3,640.32 GWh, while small commercial users grew 11.5% to 1,913.26 GWh. Street lighting experienced a 43.89% increase, and electric mobility tripled its energy consumption to 5.04 GWh. “The report reveals a positive trajectory in the subsectors,” said EPRA Director General Daniel Kiptoo Bargoria.…