Last year, a Twitter user who sells water in her neighbourhood sought to venture into packaging the product and selling it – basically, the manufacture of bottled water. She, however, discovered that to do so, she will need to meet numerous requirements in form of licenses, permits and fees. This is frustrating for business owners, especially small and medium enterprises (SMEs). It discourages start-ups, and for those up and running, gobbles up a large share of operating fees, thus driving up the cost of doing business. Naturally, regulations are a prerequisite for any nation or institution. When effectively implemented, they create an enabling environment for competitiveness by enforcing fair business practices, driving equal opportunity and inclusive…
Author: Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Showmax was the first over-the-top platform in Africa to offer sports, local content, live stream news and FTA channels on the Showmax Pro service. In addition, customers on Showmax get the best of HBO as well as numerous award-winning movies, series and kids’ shows from international distributors. Here’s what you get on Showmax and how to make the most of it. Add Showmax to your DStv bill: With the Showmax add to bill functionality available on the MyDStv App, DStv customers can now add Showmax to their active DStv account, making it easy for customers to access and pay for…
HF Group PLC, a multi-dimensional financial services provider, on Friday said its three directors, Ms Gladys Karuri, Dr Kaushik Manek, and Mr Adan Mohammed, will step down from its board on 28th May 2021. Gladys joined the HF Group board in 2016. She is currently the Group Finance & Strategy Director in Britam. Dr. Kaushik Manek was appointed as a Non-Executive Director of HF Group Limited effective 26th June 2015. Adan joined the board on 15th October 2012. The Group will hold its Annual General Meeting of virtually on Friday 28th May 2021 at 12.00 noon. The Group is listed…
The Central Bank of Kenya (CBK) has approved the liquidation of Charterhouse Bank (CHB) Limited by appointing Kenya Deposit Insurance Corporation (KDIC) as its liquidator. The lender has been under statutory management since 23rd June 2006 as a consequence of “…severe violations of the Banking Act by Charterhouse Bank relating to lending, the accuracy of returns submitted to CBK, and failure to obtain account opening documentation for a number of customers.” The Statutory Management Report by the Statutory Manager on May 6, 2021, recommended that CHB be liquidated. “The report indicates that in view of the severe violations of the…
TECNO, the global premium smartphone brand Thursday launched its Camon 17 series in Kenya alongside Hollywood actor Chris Evans as its Brand Ambassador. Hollywood actor Chris Evans, TECNO’s newest brand ambassador, is featured saying, “You might want a picture that is vivid and full of emotion or you might want something simple,” but what makes it a good image is because it is “so individual”. Best known for his role as Captain America in the Marvel Universe series of films, the charismatic Chris Evans embodies TECNO’s brand motto ‘young at heart’ and the pursuit of excellence. The partnership with Evans…
Engage BCW has been recognized for excellence in five campaigns in this year’s Africa SABRE Awards. Engage BCW’s won a Gold Sabre award in integrated marketing and Certificates of Excellence for campaigns in integrated marketing, crisis and issues management, public sector/government relations, and cause-related marketing. “We have always believed in excellence. We operate on the premise that when the client is happy, then everyone is happy. This award is a vote of confidence in our commitment to excellence,” said Engage BCW Managing Partner Desiree Gomes. In the integrated marketing category Engage BCW was a winner with the #AStarisborn campaign which…