Author: Khusoko

Air Namibia cancelled all flights and placed into voluntary liquidation on Thursday into what was described as being ‘unsustainable’, amid the coronavirus outbreak that’s wiped out travel demand globally. “The country’s economy can no longer afford to perpetually provide financial support to Air Namibia at the expense of supporting economic growth and critical social services,” Finance Minister Iipumbu Shiimi told a news confrence. Earlier, the state cancelled all the airline’s operations and ordered all the aircrafts to return to base. “Effective Thursday, 11 February 2021, all flight operations will be cancelled with all aircraft returning to base,” read a notice…

Safaricom has appointed Christopher Kirigua and Winnie Ouko to its board of directors.  Christopher will serve as an alternate director to the Cabinet Secretary, National Treasury and Planning whereas Winnie will serve as an independent non-executive director. Christopher is the Director-General of Public-Private Partnerships at the National Treasury.  Prior to that, he worked at the Standard Chartered Bank for more than 17 years until December 2020 when he joined the public service.  While at Standard Chartered, he held several leadership roles including, Executive Director and Regional Head of Sustainable Finance for Africa and Middle East. He was also the co-chair…

Anglo-Dutch multinational KPMG has resigned as an external auditor of the Standard Group Plc.  The Nairobi Securities Exchange-listed media house did not disclose the reasons KPMG had opted to resign. “Pursuant to Regulation G.05 (1) (b) of the Fifth Schedule of the Capital Markets (Securities) (Public Offers and Disclosures) Regulations, 2002 – amended 2019, the Board of Directors of The Standard Group PLC (“the Company”) wishes to notify the public of the resignation of KPMG Kenya as the Company’s External Auditor with effect from 8th February 2021,” read the notice in part as issued on Wednesday. “The Board takes this…

The Communications Authority of Kenya in collaboration with Safaricom, Airtel, Telkom Kenya, Jamii Telecommunication Ltd and the Global System for Mobile Communications (GSMA), launched an interactive portal aimed at creating a safer online environment for children, with tips for guardians. The portal was launched on Tuesday, February 9, as part of events in Kenya to mark Safer Internet Day.  From cyberbullying to social networking, the annual Safer Internet Day aims to raise awareness of emerging online issues and chooses a topic reflecting current concerns. Establish rules It is important to first have a conversation with the child about the use…

AFC Leopards has confirmed Belgian tactician Patrick Aussems as the club’s new head coach. Aussem will take over the FKF League side from Anthony Kimani, who has been the interim head coach following the exit of Czech coach Tomas Trucha. “The 55-year-old Belgian, former Standard Liege defender joins us with vast experience having coached teams across Europe and Africa for the last 30 years,” the club said in a statement. https://twitter.com/AFCLeopards/status/1359123153096761345?s=20 The 55-year-old Belgian, former Standard Liege defender joins us with vast experience having coached teams across Europe and Africa for the last 30 years. He has handled Sudan’s Al-Hilal…

Absa Bank Kenya Plc plans to invest up to Ksh1.6 billion in over 60 different technology projects aimed at transforming the customer experience. Jeremy Awori, Absa Bank Kenya Managing Director, said that their commitment is to improving customer service, to make it faster and better.  These include automation of loan top-up process, a first-in-the-market which will enable customers to apply and get top-ups on their existing loans within 15 minutes. Also, the lender will be rolling out a fully-fledged online business banking platform. “Absa will continue to invest in and empower our customers,” said Awori as the lender marked one…