Author: Khusoko

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

Winnie Ouko, Non-Executive Director of Absa Bank Kenya resigned from her position with effect from 30th October 2020 to focus on her career interests. She was appointed in 2014 to serve as chair of the Audit and Risk Committee. Winnie is the Director of Lattice Consulting Limited, a Kenyan corporate finance, project finance, and strategy advisory firm. She has worked with First Africa Capital (Nairobi), handling corporate finance transactions across Africa, at Standard & Poor’s carrying out credit ratings on major insurance companies in North America, with some coverage of Asian and Canadian companies, and as an auditor at Price…

Read More

Kenyan students will compete at the global finals of the Huawei Sub-Saharan Africa ICT Competition scheduled for November 2020.  The students from JKUAT, Laikipia University, Multimedia University and the University of Nairobi are competing as the Kenyan team in the competition. They were among the top eight teams from the more than 40 African teams that competed in the fierce regional competition. This year, more than 50,000 students from 14 countries in Sub-Saharan Africa participated in the Huawei ICT Competition. Over the past five years, Huawei has signed cooperation agreements with over 250 universities in 14 Sub-Saharan countries, including South Africa,…

Read More

Kakuzi Plc has appointed Nicholas Nganga as Chairman of the Board with immediate effect.  He takes over from Graham Mclean who has stepped down from the role but will remain a non-executive Director. Ng’anga served as Chairman of Safaricom, Kenya’s leading telecoms operator, from 2007 until 2020, and is current Chairman of Car & General Kenya Limited and G4S Security. Dr John Kibunga Kimani has been appointed to the Board of Kakuzi Plc as a non-executive Director with effect from 1 November 2020. Dr John Kimani has extensive experience in the agricultural sector (public and private) including planning, development and administration…

Read More

Sir Sean Connery, the first actor to play James Bond, has died. He was 90.  According to the BBC, the actor died in his sleep while in the Bahamas. https://twitter.com/007/status/1322524369172791296?s=20 His last acting role had been in Stephen Norrington’s “The League of Extraordinary Gentleman” (2003). Connery starred in seven 007 films between 1962 and 1983. He was the first actor to play James Bond on the big screen in Dr. No in 1962, From Russia With Love, Goldfinger, Thunderball, You Only Live Twice and Diamonds Are Forever followed. He was honoured with an Oscar, two Baftas and three Golden Globes…

Read More

A Kenyan court on Friday handed down jail sentences to two suspects for their involvement in the 2013 Westgate attack that killed at least 67 people. Chief magistrate Francis Adayi sentenced Mohammed Ahmed Abdi to 33 years in jail while Hussein Hassan Mustafa was handed 18 years.  However, Abdi’s sentence was reduced to 26 years while Mustafa will serve 11 years in prison after the court deducted the seven years they have already served in remand. On October 7,  Andayi found Mohamed Abdi guilty of conspiracy to commit a terrorism act and being in possession of an article connected to…

Read More

The Energy Management Awards was launched in 2004 by the GEF-KAM Energy Efficiency Project, a predecessor of the Centre of Energy Efficiency and Conservation (CEEC). CEEC  based at KAM champions energy and resource efficiency in the country. The awards promote, recognize, and drive energy efficiency and conservation with a view to conserve the environment and manage energy costs in the sector. Key:      LC – Large Energy Consumers MC – Medium Energy Consumers SC – Small Energy Consumers S&M – Small & Medium Energy Consumers READ Umoja Rubber Products Bags Kenya’s Overall 2020 Energy-efficient Award Award Categories Winner Overall Energy Management…

Read More