Author: Khusoko

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

French hospitality group AccorHotels is expanding its footprint in East Africa with the opening of the first Mantis property in Kenya. In a statement, it says the Mantis Masai Mara Eco-Lodge is set to become a highlight property for the brand and the group, offering direct access to the Mara-Serengeti game reserve. Mantis was founded in 2000 by conservationist Adrian Gardiner and features a diverse collection of destinations around the globe. Mantis Masai Mara Eco-Lodge will be strategically located in the Enonkishu Conservancy, on the Northern boundary of the Mara-Serengeti game reserve, and will feature 20 tented suites, one restaurant…

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Kenya’s central bank has been mulling the official use of a digital currency. More than 60 central banks have already entered the digital currency race since 2014. No details have been released in Kenya, but the central bank governor, Patrick Njoroge, commented that the bank was working with other global regulators and financial institutions to explore the use of digital currencies. The shift towards digital currencies has been used by some central banks to formulate and implement regulations to manage the use of cryptocurrencies. For example, Nigeria has launched its official digital currency, the eNaira. The World Economic Forum estimates…

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Hisa Technologies on Monday unveiled Hisa mobile app that allows anyone in Kenya to invest in US stocks and ETFs directly from their phones using mobile money.   The FinTech company, in partnership with Faida Investment Bank Limited, also announced that it has received a no-objection from Kenya’s Capital Markets Authority (CMA) to offer fractional investing in US Stocks and ETFs and Kenyans stocks. This will also be in partnership with US-based global brokerage infrastructure DriveWealth LLC.  “Today, we are very excited to launch Hisa App, which will allow Kenyans to invest in their favourite companies such as Tesla, Google, Apple, Microsoft…

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Entries for the eighth edition of the Africa Magic Viewers’ Choice Awards (AMVCAs) have been opened and will close on Friday, 14 January 2022, Africa Magic, in association with MultiChoice announced Monday. Hailed as the premium awards for filmmakers in Africa, the AMVCAs has recognized and celebrated outstanding achievements in the African film and TV industry both in front and behind the cameras.  Films, made-for-television movies or television series previously entered or nominated for an award, or awarded a prize in another film and television competition are eligible to enter for the AMVCAs.  In addition, all films, made-for-television movies or…

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Toyota Kenya has introduced the luxurious 3.3 Liter Diesel and 3.5 Liter Petrol V6 engines Land Cruiser 300 series. The series will have three options GX-R, VX-R and GR-S (Gazoo Racing Edition). In Kenya, these models will retail from 17.5M for GX-R, 21.9M for VX-R and 23.1M for GR-S. The 300 series is a redesign from the 200 series with an incredible off-road ability that remains the ‘The Master of Africa’. The introduction of the LC300 is part of Toyota Kenya’s celebration of the 70th anniversary of the Land Cruiser models globally. The journey of the Land cruiser began with…

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I have been thinking about fame a lot. You know, the state of being known or talked about by many people, sometimes results in a more than healthy bank account. When I was a little girl, I wanted to be famous. My favourite child star was Tosin Jegede; She was my age and she looked like me and she was on TV. I wanted to be her. Perhaps on a subconscious level, that is informed by love for the arts. I loved performing. I could sing, so I sang. I could speak quite articulate and was never intimidated by a…

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