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,…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
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…
LG Electronics (LG) has been honored at the 72nd Annual Technology & Engineering Emmy Awards for its consumer OLED TV, renowned for its superior quality, and used for reference displays by major Hollywood movie studios. The LG OLED TV has become popular with content developers, producers and distributors worldwide thanks to its capacity to meet the high-quality standards of the professional creative community. LG Electronics Home Entertainment Company senior vice-president for R&D Nam Ho-jun said the accolade is a testament to OLED TV’s ability to deliver the best home viewing experiences, allowing customers to enjoy shows they love just as…
East African Breweries Limited (EABL) posted a 47 per cent decline in net profit to KSh3.8 billion for the half-year ended December 2020 primarily driven by a one-off tax provision. This was also on account of excise duty increases, general price inflation, and additional costs related to digital tax stamp implementation in Uganda which impacted profitability. The performance is 53% better than the previous half (January to June 2020) that was significantly impacted by Covid-19 restrictions according to the listed brewer. “Throughout the Covid-19 crisis, we have ensured a dynamic and close connection with the consumer. Our greatest assets remain…