With the current surge in COVID-19 cases and inflation well anchored, the Central Bank of Kenya is likely to maintain the status quo on policy rates. This will be the central bank’s first bi-monthly monetary policy review for the current fiscal, according to market analysts. The Monetary Policy Committee (MPC) meets Wednesday, against the backdrop of COVID-19 shock and its spillover to the economy. In its last meeting on 26th May, it maintained the Central Bank Rate (CBR) at 7.00 per cent. The eighth consecutive neutral policy stance. However, the inflation rate has been rising, fueled by higher commodity prices,…
Author: Khusoko
Huawei plans to invest US$150 million in its Seeds for the Future Program 2.0, a digital talent development over the next five years. The program is expected to benefit more than 3 million additional people. Seeds for the Future is Huawei’s flagship corporate social responsibility program. It was launched in 2008. Huawei introduced this programme to Africa in 2014 with nearly 2,000 students in more than 25 African countries benefiting. According to Huawei, in the digital economy, digital talent is playing an increasingly important role in driving digital transformation and economic growth, leading to many asking how we can drive…
There is no doubt that Africa faces a massive energy challenge. At the same time, the continent is richly endowed with renewable energy sources. According to the international energy agency, around 580 million people in sub-Saharan Africa lacked access to electricity in 2019, three-quarters of the global total, while renewable energy is expected to contribute 22% of Africa’s total energy consumption by 2030. There is a strong and urgent need to accelerate the growth of renewable energy across the region to ensure sufficient, affordable, reliable energy supply for individuals, businesses, and communities. Huawei is at the forefront of addressing those issues, as it demonstrated at a…
Cameron Champ on Sunday won the 3M Open. This was his third career PGA TOUR victory. He won the Sanderson Farms Championship in 2018 and the Safeway Open in 2019. Champ’s final round of five birdies and no bogeys gave him a two-shot victory. https://twitter.com/3MOpen/status/1419435989861347333?s=20 Louis Oosthuizen, Jhonattan Vegas and the 2011 Masters champion, Charl Schwartzel tied for second. For Louis, he shot a 66 to jump 14 spots and into a tie for second place. Current Leaderboard Pos Player Today Thru Total R1 R2 R3 R4 1 Cameron Champ -5 F -15 69 67 67 66 T2 Louis Oosthuizen…
2021 3M Open will see reigning champion Michael Thompson looking to put up a strong defence of his title. The 36-year-old American won last year’s event by two strokes from compatriot Adam Long. Soon after winning 2020 3M Open, Thompson and his wife welcomed their first child to the world, and the golfer is excited that he will have friends and family amongst the spectators who will be welcomed back to TPC Twin Cities this time around. “Any time we have a great moment in our lives, we want to be able to share it with the ones we love…
2020 was different for many obvious reasons. But one habit which hasn’t changed is our need and use of everything digital. The pandemic has accelerated our use of digital channels, both as individuals and as businesses. We’re using more streaming services, increasing our time on social media, conversing over Zoom and Teams, and using online platforms to learn. All of these activities are dependent on our data centres. These spaces, which are home to vast computing power and storage, are today’s utilities. They’re as essential as our roads and our hospitals. We’ve got to ask ourselves if we have the…

