Author: Khusoko

The Nairobi Hospital board has passed a resolution sacking its Chief Executive CEO Dr Allan Pamba barely six months after his appointment. According to Dr Irungu Ndirangu, the Board Chair, Pamba’s probation period would not be extended because he had failed to provide a performance improvement plan. “The Board of Management sitting on 2nd October 2020 resolved not to confirm you but terminate your contract following your failure to execute the probation extension and pay you two (2) weeks in lieu of notice. You will be required to hand over all Hospital’s properties in your custody and clear with the…

Scientists in Nairobi have discovered a new set of genetic markers in African cattle that signal beneficial characteristics, with a view to harnessing them for future generations. The discovery of a new set of detailed genetic markers and information in African cattle that are associated with valuable traits, such as heat and drought tolerance, the capacity to control inflammation and tick infestations, and resistance to devastating livestock diseases like trypanosomiasis. The findings emerged from a collaborative effort to sequence the genomes of 172 indigenous cattle.  “We believe these insights can be used to breed a new generation of African cattle…

Absa Bank Kenya PLC has been recognized as the first bank in Kenya to join the Kenya Green Building Society (KGBS) as a champion for initiatives that promote the green economy by reducing pollution and improving people’s lives. The bank has invested KSh34 million in retrofitting all its facilities to become water and energy-efficient. This will reduce its carbon footprint while bringing down energy costs by up to 30 percent or KSh20 million annually. “We have replaced all our water dispensers with eco-friendly ones, helping us reduce plastic within our working environment and therefore reduce our carbon footprint in relation…

Safaricom announced a Ksh 2 Million sponsorship as the official communications sponsor of the Kip Keino Classic, part of the World Athletics Continental Tour to be held at Nyayo National Stadium.  Other events have already taken place in Finland, Hungary and Japan.  The Ksh2 Million sponsorship will cover a fully kitted media center and high-speed internet connectivity for the event. Over 700 local and international athletes are expected to take part in the Saturday event which will be broadcasted live on local TV. “For the last 20 years Safaricom has been a big supporter of athletics in Kenya and we…

Fulvio Tonelli has joined Absa Kenya as a non-executive director with effect from 1  October 2020.   He also serves on the Absa Group’s board as a non- independent non-executive director since July 2020. Fulvio a member of the Group Credit Risk Committee (GCRC), Group Risk and Capital Management Committee  (GRCMC) and Information Technology Committee (ITC). Fulvio was, until the end of June 2019, the Chief Operating Officer at PwC Africa and a member of the firm’s leadership team. In this role, he assisted in the delivery of the firm’s strategic direction and was also responsible for the effective operation of…

Retailer, Tuskys Supermarket has been given a 45-day ultimatum to pay the outstanding balance of nearly Ksh 248 million owed to suppliers. High Court Judge, Justice Francis Tuiyott, gave the directive in response to creditor’s demands that the retailer has not been responsive to them. “You’ve heard the concern of the creditors, they need a quick closure of the matter and you need to share information with them. I will require you to report to the court within 45 days and if you’ll not disclose the information this court will frown upon it,” the judge said. Hotpoint electronics had moved…