Author: Khusoko

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

The Kenya Revenue Authority(KRA) Board of Directors has appointed Mrs. Rispah Simiyu as the new Commissioner for Domestic Taxes effective 22nd October 2020. Mrs. Simiyu who is currently serving as the KRA Deputy Commissioner in charge of the Tax Dispute Resolution docket will be assuming her new role from Elizabeth Meyo who has retired after 24 years at KRA. Meyo who has been in charge of the domestic tax unit since her appointment in April last year has been accredited as the force behind iTax, an online tax filing system developed by KRA to enhance efficiency and boost tax collection. …

Read More

Cuba has denied that two doctors,  Assel Herrera and Landy Rodríguez kidnapped by suspected Al-Shabaab militants in 2019 have been released. “I deny the information circulating this morning (Wednesday) about the alleged liberation of the two kidnapped Cuban doctors, Assel Herrera Correa and Landy Rodriguez Hernandez,” said Juan Antonio Fernández Palacios, general director of Press, Communication and Image of the Ministry of Foreign Affairs of Cuba. “Considerable efforts are ongoing to ensure their freedom and their safe and healthy return to our country.”   https://twitter.com/CubaMINREX/status/1313827602126311424?s=20 Herrera, a general practitioner, and Rodriguez, a surgeon, were abducted in Mandera, near Kenya’s border with…

Read More

Kenyan Premier League club AFC Leopards have secured Galana Oil Kenya Limited as its sponsor for their pre-season ahead of the 2020/21 campaign. “AFC Leopards has today partnered with Galana Oil Kenya Limited to co-sponsor our preseason training in preparation for the 2020/21 season,” read a statement on AFC Leopard’s official website. Galana Oil Kenya Limited operates Delta Service stations across the country and is the sole distributor of ENOC Lubricants in Kenya In June, Ingwe signed a sponsorship deal with betting firm BetSafe which will see it get Ksh 40 million annually.  “We are very proud to announce this…

Read More

Former Uchumi Supermarkets Chief Financial Officer, Chadwick Okumu has been appointed Tuskys new financial controller He takes over from Daniel Ndirangu who left the role in late 2019. According to his objective, Okumu’s goal is  “To obtain a Finance Directorship position that plays a significant role in Conceptualizing ideas, Developing & Implementing Strategy at Executive level for a Large Multinational Institution, or Equivalent.” At Uchumi, he worked for eight years as its CFO since January 2007. He was sacked in 2015 alongside the then Uchumi Chief Executive Officer Jonathan Ciano over allegations of gross misconduct and gross negligence. Okumu was…

Read More

Stanbic Bank Uganda has temporarily suspended its bank to mobile money services following a third-party service provider experiencing a system incident on Saturday. The situation affected Bank to Mobile Money transactions. However, the bank has assured customers that no impact has been felt on any balances on both Bank and Mobile Money accounts. In a joint statement issued by Anne Juuko, Wim Vanhelleputte, and VG Somasekhar who head Stanbic, MTN and Airtel Uganda they said, “…All Bank to Mobile Money/Wallet services have since been temporarily suspended,” reads a statement from the affected.” “This system incident has had no impact on…

Read More

Luxury boutique hotel Hemingways Nairobi has been awarded the ‘Mystery Inspectors’ Award in the Small Luxury Hotels Awards 2020.  The property emerged top from over 550 member hotels. The award was one among 17 categories featured with others including, Hotel of the Year, Travel Agents’ Hotel of the year, Most Liked Hotel, Digital Excellence Award and Best Gourmet Experience among others. Lefay Resort & SPA Lago di Garda in Italy, Hotel Relais Christine in France, Triumph Hotels in USA and The Seminyak Beach Resort & Spa in Indonesia were among to ranked. Speaking after receiving the news, Group Operations Director,…

Read More