Author: Khusoko

Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.

The journey toward financial inclusion begins with trust. For individuals unfamiliar with formal financial systems, having low-cost and reliable ways to deposit and withdraw money — cash-in, cash-out (CICO) services — is essential. These accessible solutions build confidence, encouraging people to store money in digital formats and explore other financial tools. When empowered to engage meaningfully in the economy, individuals can fund small businesses, drive entrepreneurship, and contribute to local development. Financial inclusion enables communities to go beyond survival and build resilience, helping them weather economic shocks, reduce poverty, and foster sustainable growth. These opportunities create a ripple effect, strengthening…

Read More

We now have a new theme for World Cancer Day for the next three years: “United in our goals, unique in our needs.” But what does this mean for patients, caregivers, and clinicians?  This stems from the fact that everybody’s journey is unique, and it’s really about understanding the intricacies of that unique journey and supporting them throughout their care. As much as patients may share common medications and common treatment approaches, they still need to be contextualized differently through the individual patient’s lens. The new theme tries to bring the unique face of cancer to each patient undergoing therapy.…

Read More

For the past ten years, Kenyan authorities have been actively seeking to control the rapid growth of online betting within the country. Recent actions may indicate that this challenge has been successfully addressed. The new Gambling Control Bill scaled the National Assembly in January and is now set to be passed into law. The bill stipulates that online gambling companies and the national lottery should make a KSh. 200 million deposit to the authorities if they are to receive operating licenses in Kenya. According to the proponents of the bill, online gambling companies and the national lottery need to have…

Read More

Jubilee Health Insurance has launched J-Force, a cutting-edge digital platform designed to empower insurance agents, brokers, and bancassurers with seamless and efficient tools. This innovative platform aims to revolutionize insurance intermediation by streamlining workflows, enhancing customer service, and driving business growth. Key Features of J-Force Seamless Onboarding: Enables quick and easy registration of new clients. Lead Management Tools: Facilitates efficient tracking and conversion of prospects. Instant Quotations and Policy Issuance: Automates processes, enabling faster deal closures. Streamlined Renewals Management: Ensures timely renewals and uninterrupted coverage for clients. Real-time Business Tracking: Provides intermediaries with performance dashboards and commission insights for enhanced…

Read More

TradeMark Africa (TMA) has appointed Ms Lillian Mwai Ndegwa as the Country Director for its Kenya Programme, a renewed focus on supporting Kenya’s trade expansion goals. “Lillian’s expertise in market systems development will be invaluable as we collaborate with the private sector and government agencies to enhance Kenya’s participation in regional and international trade across different value chains,” stated David Beer, TMA’s Chief Executive Officer. Ndegwa will lead initiatives aimed at enhancing market access, reducing trade barriers, and promoting sustainable economic growth. Key priorities include leveraging the African Continental Free Trade Area (AfCFTA), attracting high-value investments, and creating a conducive…

Read More

Deputy Governor Dr. Michael Atingi-Ego, who has served as Acting Governor of the Bank of Uganda (BoU) since the death of long-serving Governor Emmanuel Tumusiime-Mutebile in February 2022, has been appointed Governor of the BoU. Atingi-Ego’s appointment officially ends the dual leadership role he has been fulfilling. Tumusiime-Mutebile served as Governor for over two decades, from 2001 until his passing in February 2022. Atingi-Ego will be deputized by economist Prof. Augustus Nuwagaba, according to local media reports. Atingi-Ego, 60, joined the BoU in 2020 as Deputy Governor, having previously served as Executive Director at the Macroeconomic and Financial Management Institute…

Read More