OPPO Reno5 F announced during the launch of the Reno5 series is now available in the Kenyan market at Ksh31,999. The Reno5 F is packaged in a simple, yet elegantly thin design that uses OPPO’s new Flowing Light Design concept to introduce two dazzling colours. Muthoni Wachira, Head of Communications & Projects at OPPO Kenya said, “Reno5 F is the culmination of both user feedback and the extensive research conducted on the latest technology that’s being deployed on Reno5 F. The 30W VOOC Flash Charge 4.0 ensures that Reno5 F is a great accompaniment to your life.” “Just as has…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Kenya Airways on Wednesday announced the appointment of Mr Habil A. Waswani as the Company Secretary effective immediately. Mr Waswani has over 19 years of corporate and commercial law, the airline said in a statement. Skilled in Commercial and corporate law practice, Legal Compliance, Arbitration, Company Secretarial Work, Dispute Resolution, and Legal Writing. He has worked in similar positions at National Bank of Kenya Limited, Kenya Reinsurance Corporation Limited, and Diamond Trust Bank Kenya Limited (DTB), all publicly listed institutions. Habil holds a Bachelor of Laws (LL.B) Degree from The University of Nairobi, a Diploma in Law from the Kenya…
Family Bank has joined the United Nations Global Compact network underscoring its commitment to undertaking sustainable and responsible business to advance inclusive development. This membership is in line with the Bank’s 2020 – 2024 Strategic Plan, dubbed ‘take-off’ that is aligned to 13 of the 17 United Nations Sustainable Development Goals (SDG) and the United Nations Environment Programme (UNEP) Finance Initiative on Responsible Banking and Sustainable Financing aimed at delivering value and creation of a sustainable future for all. “For long-term business growth and positive social impact, Family Bank will benchmark against global practices and access technical guidance and thought…
Kenya Airways (KQ) lost KSh36.57 billion ($333.2 million) in 2020 from KSh 13 billion in 2019. In March, it had projected a staggering loss of KSh40 billion in revenues. The carrier, which temporarily suspended operations last at the height of the coronavirus pandemic, said global flight and travel restrictions meant revenue dropped 59% to KSh52 billion as passenger traffic fell 1.8 million compared to 5.2 million in 2019. “It has been a tough year where we have faced unprecedented challenges. The situation continues to be difficult even as we gradually resume our operations, mainly due to the depressed demand for…
The Communication Authority of Kenya on Tuesday launched the 2021 Kuza Awards, which will be the fourth edition of the annual event. This would have been the 5th edition, however, the 2020 awards were postponed due to the coronavirus pandemic. The awards seek to recognise excellence in broadcasting in Kenya. “The theme for the Kuza Awards 2020 is Preserving Our Heritage through broadcasting: Kenya a heritage of splendour,” said CA Director-General, Mercy Wanjau. https://twitter.com/khusoko/status/1374238310386778112?s=20 The Kuza Awards are categorised into the regulatory award, people’s choice award and patriotic award. In the People’s Choice Awards, audiences can vote at no cost,…
Kenya National Assembly Thursday passed the supplementary budget to the tune of Ksh 80 billion for the current financial year 2020-21. The Budget and Appropriations Committee (BAC) recommended an overall increase of Ksh 80.7 billion (Ksh 19.1 billion in recurrent and Ksh 61.6 billion in development). This is Ksh 5.6 billion higher than the estimates that had been published by the National Treasury. The National Treasury has been slashed by Ksh 26.8Bn, which could be on account of either the reversal of the Ksh 26.5Bn bailout for Kenya Airways. State Departments for Infrastructure and Transport have been slashed by Ksh…