Author: Khusoko

Renaissance Capital, a leading emerging and frontier markets investment bank, held its 12th Annual Pan-Africa Investor Conference from the 7th to 10th September 2021. For the first time, the event included a specialist Nigeria Tech / Fintech Conference that was held on 9 September and covered every aspect of the fast-growing and high-opportunity sector – from digital payments and digital lenders to logistic companies, to neo-banks and digital wealth management, with speakers representing incumbent companies as well as new burgeoning players.  Renaissance Capital’s 12th Annual Pan-Africa Investor Conference brought together leading companies from Nigeria, Kenya, Rwanda and Uganda. The event saw over 150 one-on-one meetings between 42 corporations and…

Viewers on DStv can look forward to the 14th round of the 2021 Formula 1 World Championship, the Italian Grand Prix, live from Autodromo Nazionale Monza on the afternoon of Sunday 12 September 2021. SuperSport is definitely your #HomeOfSport and the ultimate destination for motorsport fans. This past weekend’s race in the Netherlands saw home favourite Max Verstappen of Red Bull Racing-Honda claim a dominant victory to reclaim first place in the Drivers’ Championship standings, with the Dutchman now leading Mercedes’ Lewis Hamilton by three points. “Max was remarkable this weekend,” Red Bull team principal Christian Horner said. “If you…

James Finlay Kenya, part of the Swire Group, a highly-diversified global business Group, has sold its Kericho-based flower farm to Black Tulip Group. “The sale of Lemotit farm marks the end of Finlay’s restructuring to concentrate fully on the beverage market,” said Stephen Scott, Finlay Flowers general manager. If the transaction is approved by the regulators, it’s workers will be be declared redundant according to James Finlay Kenya Managing Director, Simeon Hutchinson. “The terms and condition of employment, and the employment contracts of all Lemotit employees will be terminated on account of redundancy, and Finlays will pay relevant dues to…

Mr Joseph Malel Choge will be the Managing Director of Unga Group following the retirement of Mr Nicholas Hutchison effective 31st December 2021. Choge is a senior executive with years of experience within manufacturing, telecoms, banking, insurance and Finance. He graduated from the University of Nairobi with a degree in mathematics and later on a Master’s degree in International Management. Previously, he served as Chief Executive Officer of Premier Food Limited (Peptang) where he made significant contributions to the company. The outgoing Nicholas Hutchison has served as a managing director in Unga Group for more than 20years.  “Mr Hutchinson will…

EGM Securities has partnered with Sterling Capital to extend global trading opportunities to Kenyans. The partnership will provide global trading opportunities for Kenyans to trade top-performing global stocks, as well as other asset classes such as indices and commodities like gold and oil.   Samwel Kiraka, CEO of EGM Securities, a subsidiary of the global Equiti Group, said: “The global markets provide Kenyans with great trading opportunities for investment returns. We are very pleased to partner with Sterling Capital to provide global trading opportunities to Kenyans.  “The appointment of Sterling Capital further cements EGM Securities position as the premier provider of…

M-Pesa, the world’s leading mobile money service surged to a fresh record Tuesday reaching 50 million monthly active customers. This strengthens its position as Africa’s largest fintech since its launch more than 14 years ago in Kenya. M-PESA is today available in Kenya, Tanzania, Mozambique, DRC, Lesotho, Ghana and Egypt. “14 years ago, we launched M-PESA to connect our customers to each other and to different opportunities. We are delighted to celebrate this remarkable milestone with our more than 50 million customers across the continent. As an honour to this achievement, we are reiterating our commitment and deepening our focus…