Author: Khusoko

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

Uber Eats Kenya has named Wangui Mbugua as General Manager for its Kenya business. Her appointment is set to drive the business on an even higher growth trajectory.  “I’m excited to take on this new role as I have seen the rapid growth of food delivery in Kenya and the growth that the business brings to the digital economy. The impact of convenience and on-demand commerce on the market is evident. “Not only is Uber Eats creating unique work opportunities, but our operations have a positive knock-on effect for restaurants, merchants and delivery people,” Wangui said. Wangui joined Uber in…

Read More

The deadline for the submission of entries for the eighth Africa Magic Viewers’ Choice Awards has been extended to Friday, 28 January 2022. Africa Magic and MultiChoice are calling on all film and television industry participants and stakeholders across the continent to take part in this celebration of the African film and TV industry by submitting their works. Films, made-for-television movies or television series are eligible for entry to the AMVCAs if they were broadcast, publicly screened or exhibited from December 1, 2019, to November 30 2021.  Films, made-for-television movies or television series previously entered into or nominated for an…

Read More

FSD Africa, the UK government’s flagship financial sector programme in Africa, has announced a chairperson and independent directors to its board. Frannie Leautier will be the Board Chair along with three new independent directors: David Muchoki Kanja, Greta Bull and Kanini Mutooni. “Their extraordinary wealth of experience and deep understanding of the African context will be a huge asset as we move into a new phase of growth which will see our role as both a provider and an enabler of green finance in Africa grow strongly in prominence,” FSD Africa said on the appointment, Frannie Léautier, a highly experienced…

Read More

After much-needed hue and cry over predatory and arm-twisting conduct characterising Kenya’s digital lending businesses, The Central Bank of Kenya Amendment Act 2021 (hereinafter the “Act”) was assented to on December 7, 2021, and became effective on December 23, 2021. The legislation is a much needed and a laudable guardrail that seeks to bring digital credit providers into the fold of regulatory oversight. The Act defines “digital credit” as a credit facility or arrangement where money is lent or borrowed through a digital channel whilst” digital lenders” are now referred to as “digital credit providers” to mean a person licenced by the Central Bank…

Read More

Oppo A55 and Oppo A16 are now in Kenya at all OPPO Kenya brand stores and e-commerce platforms.  The Oppo A55 5G comes with 4G With a 50MP Triple Camera, 5000mAh Battery while the Oppo A16 is a 3GB + 32GB storage option retailing at Ksh 26,000 and Ksh 20,000 respectively. OPPO A16k Specifications: Design: Thin and Light with Three Beautiful Color Options OPPO A16k is sleek and light, measuring just 7.85 mm in thickness and weighing only 175g and comes in two stylish color finishes – Black and an all-new refreshing Blue. In addition, the A16k is also a delight to hold, with…

Read More

The Board of Directors of Britam Holdings PLC has announced that it has appointed Charles Kimani Njuguna as its new Managing Director in acting capacity effective 14th January 2022.  Mr Njuguna takes over in an acting capacity from Mr Tavaziva Madzinga who resigned Kuria Muchiru, the board chairman said in an emailed statement. Santam, a South African financial services group has hired Tavaziva Madzinga to serve as its new chief executive from July 2022. Prior to Britam where he joined in March 2021 as the Finance Director, he has worked with ABN Amro Bank, GT Bank, Old Mutual, Family Bank…

Read More