Author: Khusoko

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

The Media industry has taken note of the National Security Advisory Committee (NSAC) statement issued on October 7, 2020, and the ratification of the same following a Cabinet meeting of October 8. The statement was issued in regard to increasing political activities that the government says are becoming a threat to law and order. Our particular interest and concern are in regard to constraints on media reporting of political events. We find this retrogressive and unnecessary interference in the work of the media and access to information by Kenyans. We are conscious of the threat posed by reckless political activities…

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Cuban President, Miguel Diaz-Canel says he had spoken with Kenyan President Uhuru Kenyatta about two Cuban doctors, Assel Herrera and Landy Rodríguez kidnapped in Kenya 2019. President Diaz-Canel said jointly, they will work towards the safe return of the kidnapped doctors. “I had a fruitful telephone conversation with the President of Kenya, Uhuru Kenyatta, where we exchanged information on bilateral and multilateral agenda issues. We confirm that we will continue working together to achieve the safe return of Landy and Assel to the Homeland,” Diaz-Canel wrote on Twitter.   https://twitter.com/DiazCanelB/status/1314610957684006913?s=20 A similar conversation had been held on June 12, 2020. Wednesday,…

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At least six people are feared dead after a boat they were traveling in capsized in Lake Victoria on Friday night.  Bunyala OCPD Jefferson Nyakundi on behalf of a multi-agency team, Kenya Navy and Kenya Coast Guard, 13 passengers on the ill-fated boat were on their way from Sigulu Island in Uganda to Sisenye beach in Kenya when the boat capsized.  “The boat was coming to Port Victoria from Sigulu island in Uganda when it capsized near Khanete island. The currents were very strong in the lake and the boat had overloaded. It had thirteen people, twelve passengers and its…

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Family Bank has partnered with the Kenya Private Schools Association (KPSA) that seeks to support learning as the Ministry of Education undertakes progressive reopening of schools. The financing solution cuts across the needs of private schools with key focus on E-learning enabler that will see private schools access credit to finance ICT infrastructure and access to electricity through solar panels and biogas installations to support e-learning, purchase of sanitizing materials & equipment’s, facemasks for teachers, portable temperature equipment and meet other operational expenses. It will also finance the need to build additional classrooms to comply with the social distancing requirements…

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Lufthansa, Germany’s largest airline plans to commence direct flights from Frankfurt to Mombasa and on to Zanzibar from 31st March 2021.  The airline’s subsidiary, Eurowings will fly the route twice a week, operating an Airbus A330 with a capacity of 283 passengers.   “The new route will provide leisure passengers an exciting travel experience and offers numerous connections at the Frankfurt hub,” said the airline’s general manager for Southern and East Africa region Andre Schulz in a notice to customers. The flights will complement Lufthansa’s regular scheduled flights to Nairobi, which group member Swiss is also serving several times a week.…

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Airtel Africa has signed a network modernization deal with Ericsson to enable 4G coverage in Kenya. Airtel Africa will use Ericsson’s Radio Access Network (RAN) and packet core products for 4G to ensure enhanced quality of voice and data for Airtel subscribers. The network modernization deal, signed in August 2020, is in line with the Kenyan Digital Economy Blueprint Vision 2030 which aims to provide robust connectivity in rural areas and facilitate e-commerce platforms. Ericsson said the modernization deal will simplify and upgrade the existing network while future-proofing it for the anticipated and rapid expansion of mobile connectivity in the…

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