Author: Khusoko

Equity Group has resumed shareholder payouts after a two-year-long hiatus due to the COVID-19 pandemic. On Tuesday, the lender said its Board recommended a record dividend payout of Kshs 3 per share totaling Kshs 11.3 billion. This is a 50 percent jump from the previous dividend pay-out after earnings per share grew by 98 percent to Kshs 10.40 up from Kshs 5.20 the previous year. However, this will be subject to shareholders’ approval and will be payable on or before 30 June 2022. Equity’s last dividend payout was on the 2018 annual performance, with shareholders taking home Ksh7.54 billion. During…

Muthoni Wachira, Head of Corporate Communications and Projects Manager at OPPO Kenya is leaving the company after three years. “I want to make clear my gratitude for being able to get to know you both professionally and personally over the past 3 years. Without your friendship, support and collaboration, my time here would not have been the same. I’m sure I’ll see you in these corporate spaces,” Muthoni says in an emailed letter to Khusoko.com.   “My broad plan for the future will be communicated in due time. However, I will always cherish all our achievements together.” A finesse in Public…

Sports lovers on DStv and GOtv can enjoy greater access to world-class motorsport and WWE action that begun March 21. DStv fans of speed and burning rubber will now have all access to SuperSport Motorsport (DStv 215) during an open window that will end on Thursday 31 March. During this period, the channel will be available to DStv customers on all packages. (Premium, Compact Plus, Compact, Family and Access). This means customers will also be able to watch the second race of the thrilling 2022 Formula 1 World Championship, the Saudi Arabian Grand Prix on 27 March as well as the second round of…

The list of nominees for the eighth edition of the Africa Magic Viewers Choice Awards (AMVCA) was announced on March 19. Kenyan actress Sarah Hassan was nominated in the Best Actress in Comedy (Movie/TV Series) category for her role in Justice in Time. View this post on Instagram A post shared by sarah hassan (@hassansarah) Hassan was also the biggest winner at the 2021 Kalasha Awards where she won the coveted Best Actress award in two categories with her film Just in Time scooping the Best Feature Film. She won Best Lead Actress for her film Just in…

When starting her cereal milling business, Mwathi had great aspirations to offer her customers a great product and transform her community through job creation. To meet demand and sustain production, she organized the supply of raw materials from upcountry to her factory in Nairobi.  What she did not expect is the unforeseen and new tax requirements that abruptly increase the cost of production. This is in addition to the many other levies she is expected to pay. A Regulatory Audit Report by the Kenya Association of Manufacturers (KAM) estimates an average of 33 levies paid by players in the Food and…

Centum Real Estate Limited has appointed Kenneth Mbae as its Managing Director with effect from 17th March 2022.  He takes over from Samuel Kariuki, who has left to pursue other interests. Prior to his appointment, Kenneth served as Centum RE’s CEO, overseeing operations in Kenya and Uganda. He also served as the founding Managing Director of Vipingo Development Limited, the largest Centum RE subsidiary. Kenneth Mbae is a Harvard University GSD Alumni (AMDP XVIII), holds a BSC Biochemistry from Kenyatta University, and an Advanced Management Certificate from the Kenya institute of Management. He is also a member of the Project…