Government industrialisation policies, infrastructure development and e-commerce top the list of the main drivers of growth for the industrial sector across Africa. Knight Frank notes that increased competition for international investment has sparked a wave of new industrial policies and subsequently, a boom in the creation of special economic zones (SEZs) has ensued across Africa. “Appetite for industrial stock across Africa remains strong, with investors attracted to the sector’s strong income profile and positive market fundamentals such as rising urbanization levels. With limited stock options, developers have had to act fast and plug this gap. Still, markets like Nigeria present…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
A country without a robust and free media will, over time, have its democratic credentials undermined and degraded, simply because the gatekeepers are not given the necessary space to play their critical role. That is why the media is regarded as a key pillar of a governance system. As a government, therefore, we take media freedom very seriously as seen in the various interventions we have extended to the sector and our commitment to strengthen media freedom, enhance independence, build media capacity and establish a regulatory framework that cultivates professional accountability. In addition to the passing of the Media Council…
There are so many television sets in Kenya currently. It is, therefore, an uphill task to choose a TV set that suits your needs. TV manufacturers are rushing against time, trying to catch up with the ever-changing trends leaving consumers spoilt for choices. To understand TV, you have to know the evolution journey and see for yourself how over the years, TV has evolved from backlight, resolution to size to where we are now. For ages, LG has pioneered the dawn of a new era in TV categories. CRT TV These were the first TVs. We can as well refer…
Gina Din, a leading businesswoman, philanthropist, and champion of Women’s rights has been appointed to the Independent Human Rights Advisory Committee (IHRAC) of Kakazi. She joins former Independent Policing Oversight Authority (IPOA) Board Member Grace Madoka, former Finlays Kenya Legal and HR Director Dr Brenda Achieng, and Kakuzi Plc non-executive independent director Andrew Ndegwa. The Committee is chaired by Former Attorney General, Prof Githu Muigai. In a statement released on Tuesday, Kakuzi Plc Managing Director Chris Flowers said the appointment of Gina to the IHRAC chaired by former Attorney General Prof Githu Muigai, takes immediate effect. “The Board of Kakuzi…
Kenya and the United States of America on Monday inked a private sector agreement that seeks to expand trade and investments through information sharing, training, logistics, and financing. The agreement, signed between Kenya Private Sector Alliance (KEPSA) and Corporate Council on Africa (CCA), provides a framework for Kenyan and American businesses, especially the small and medium enterprises (SMEs) to partner through information sharing, training, logistics, and financing. Established in 1993, CCA is the largest umbrella body of American companies operating in Africa with an overarching objective of promoting trade and investments between the US and the African continent. Speaking at…
Nicholas Nesbitt, the former General Manager of IBM Eastern Africa is the new chairman of Kenya’s Capital Markets Authority (CMA). Nesbitt takes over from James Ndegwa who left in March 2021 following the expiry of his two terms of three years as Board Chairman of the Authority. Ndegwa was first appointed to head the CMA Board of Directors in April 2015. He was subsequently reappointed on March 28, 2018, for another three years. Nesbitt will serve as the Chairperson of the Board of Capital Markets Authority, for a period of three (3) years, with effect from the 6th October 2021…