Author: Khusoko

Shares of WPP Scangroup depreciated 8.93% at Ksh 5.10 per share on Monday. This represents an 8.93% drop from its Friday closing price of Ksh 5.60 following the suspension of its CEO Bharat Thakrar and the Chief Finance Officer, Mr Satyabrata Das.  Stanbic Holdings lost by-4.76%, Kenya Power & Lighting Company by -4.7%. STANLIB Fahari Income REIT was the biggest gainer with 9.68% share price appreciation closing at Ksh 6.80 per share, followed by Eveready East Africa (+8.91%). Safaricom recorded the highest volume of 12.6 million traded shares, followed by Equity Group Holdings (1.03m), Absa Bank Kenya (564,900) and NCBA…

Oppo, Chinese smartphone maker on Monday announced the global debut of Reno5 and Reno5 F models in Kenya.  Reno5 features two industry firsts in the form of AI Mixed Portrait and AI Highlight Video, an industry-leading feature that uses intelligent light detection to combine OPPO’s advanced Ultra Night Video Algorithms and Live HDR Algorithms to significantly enhance video quality in dim and backlit scenes.  With these features, users can quickly capture, edit, and share quality videos with ease. The Reno5 will be available in two colours, Fantasy Silver and Starry Black, comes with 50W Flash Charge technology – giving the…

Coca-Cola Africa Operating Unit has appointed Debra Mallowah as the new Vice President for the East and Central Africa Franchise, effective February 15, 2021. Debra will oversee the development and implementation of business strategies across the East and Central Africa Franchise.  Debra takes over from Phillipine Mtikikiti who served as the Vice President & General Manager of the East and Central Africa Franchise since June 2019. Phillipine has moved on to take up a similar role for the South Africa Franchise in Johannesburg. Debra joins Coca-Cola from Safaricom Plc (Vodafone Group) where she was the Chief Business Development Officer and…

Diamond Trust Bank Kenya (DTB) on Friday said it will shut down six branches from July to reduce costs and improve efficiency. However, it did not indicate how many of its employees will be affected by the consolidation process.  “The Central Bank of Kenya has approved an application by Diamond Trust Bank to consolidate its branches in certain locations within the country,” DTB said. “The staff in the affected branches will be redeployed appropriately to support other branches or business units within our network.”   Branches to be affected include Jamuhuri Street branch in Malindi, two in Westlands (the Oval &…

Mobility data provides actionable information through population mobility insights.

LG Electronics announced the global rollout of its 2021 TVs featuring new OLED, QNED Mini LED and NanoCell TVs. The range of screen sizes begins from 43 inches to 88 inches. LG’s 2021 OLED TV technology is featured in Z1, G1, C1, B1, A1 series. All models in the G1 series feature the new OLED Evo technology, which the company claims delivers better luminosity for higher brightness. The C1 series offers the most screen size options starting with the 48-inch up to 83-inch. For a more price-sensitive OLED audience, the company has launched LG B1 and A1 series. G also…