Granted, the easing of Covid-19 containment measures has helped rejuvenate economic activity in Kenya. As a result, GDP performance improved to -1.10% in the third quarter, from a contraction of 5.50% at the height of lockdowns in the second quarter. The momentum may hasten in 2021 as confidence, both locally and externally, improves with the ongoing inoculation of the population against coronavirus. However, in the immediate term, risks from new strains of the virus as well as delays in the procurement and distribution of the vaccine, partly due to global shortages, could impede the recovery. The fragility should sustain the…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Kenyan Section of the International Commission of Jurists (ICJ Kenya) Council says Ms Elsy C. Sainna has taken over as the organisations’ Executive Director in an acting capacity from January 1, 2021. She takes over from Mr Abdul Noormohamed whose tenure as the Executive Director ended on December 31, 2020. Since joining ICJ Kenya on August 1, 2019, Abdul played a pivotal role in spearheading ICJ Kenya’s 2021-2024 strategic plan development process. “He has helped to recalibrate and streamlining the organisation’s operations, deepening our strategic partnerships, among many other notable accomplishments,” Kelvin Mogeni Chairman, ICJ Kenya said. Abdul is currently…
I&M Holdings on Monday said it has appointed Allan Christopher Michael Low as the new Regional Director. He replaces Vincent De Brouwer who resigned in August 2020. Christopher will be charged with ensuring effective implementation of I&M Group’s long term vision and strategy while building, protecting and enhancing the Group’s brand value and visibility across the countries where the Group has a presence. He is a skilled banker having worked in the industry for over thirty years. Christopher has served in numerous executive roles in the Sub Saharan region and across the world. He has valuable knowledge in international banking,…
A first of its kind in Africa, the inaugural 2020 Africa Digital Influencer Awards (ADIA20) featured 20 categories. It identified digital influencers who used their talents on digital platforms to inspire and impact the society positively in Kenya and Africa in the year 2020. Fitness Influencer of the Year: Eliud Kipchoge Health & Nutrition Influencer of the Year: Kaluhi’s Kitchen Woman Fashion Influencer of the Year: Wanjiru Njiru Man Fashion Influencer of the Year: Gee Dufanda Newcomer of the Year: Cartoon Comedian Social Good/Warrior Influencer of the Year: Boniface Mwangi TV/Online Influencer of the Year: Betty Kyalo Man Lifestyle Influencer…
Kenyan-based realty firm Superior Homes says it will invest Ksh 350 million to develop a commercial centre in Athi River. The developer will break ground for the 3,500 square meters commercial centre in the second quarter of 2021 and will be completed in 2022. The commercial centre will be situated at the front of the Greenpark Estate, will provide a shopping outlet for the growing number of residents of Greenpark estate now nearing 700 families. “Our concept to launch the retail frontage is attributed to the relatively high occupancy for residents and motorists along the Nairobi-Mombasa highway with high consumer…
Huawei Technologies Co has been recognized as one of the top employers in Africa, receiving the annual Top Employers Certification Award, in recognition of its exceptional employee practices. In addition to the Continental HQ Top Employer Certification for Africa 2021, Huawei also received the prestigious award in 13 African countries, including South Africa, Kenya, Nigeria and Zambia. The Top Employer Institute is a global authority on excellence in people practices. Through the Top Employers Institute certification programme, participating companies are annually assessed, surveyed and accredited as leading employers in respect of their Human Resources practices. “Winning the Top Employer Award…