Author: Khusoko

Provide Support to Fund Managers: We believe that the regulator, Capital Markets Authority (CMA), needs to include market stabilization tools as part of the regulations/Act that will help Fund Managers meet fund obligations during times of distress – such as mass withdrawals. We do commend the regulator on its role in protecting investor interests. However, since Fund Managers also play a key role in the capital markets, the regulator should also be able to protect the brand image of various fund managers in the industry. We believe that working together with industry players to resolve matters rather than alienating and…

Before COVID-19 came along, tuberculosis (TB) was a primary focus of health authorities in sub-Saharan Africa. In 2019, approximately 1.4 million people were diagnosed with TB in the region, but epidemiologists estimated that 1 million more had TB but were neither diagnosed nor treated. The scope and intensity of the global TB epidemic is fueled by antiquated and inadequate TB drugs, most of which were developed more than 50 years ago. But, given how contagious TB is, we need to find and treat many more people. It is a disease that strikes impoverished communities the hardest, and those same communities…

Wapi Pay co-founder Eddie Ndichu stepped down as board member of the Association of Fintechs in Kenya (AFK) pending formal investigations into allegations that he assaulted a woman in Nairobi’s Ole Sereni hotel. The Board of the Association of Fintechs in Kenya in a statement issued Tuesday said it had taken note of the unfortunate allegations made against him “now subject to public discourse, particularly on social media platforms.” “The Board takes this opportunity to state that it regrets the current circumstances and does not in any way condone gender-based violence or violence of any kind,” Mr Ali Hussein, AFK…

Human rights lawyer, Davis Malombe has been named the Kenyan Human Rights Commission executive director, a position he was serving in the interim.  He replaces Mr George Kegoro who left the organisation in 2020 to serve as the Open Society Initiative for Eastern Africa (OSIEA) executive director. In a statement by the organisation’s board chairman, Prof Makau Mutua, “His (Davis Malombe)  leadership will be especially critical as we enter the electioneering period.” “Malombe has been an integral colleague at the KHRC as Program Officer and Deputy Executive Director. He is well known in the NGO sector where he has distinguished…

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…

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…