Author: Khusoko

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

Unlike many leading Kenyan athletes who first make their mark as an U18 or U20 athlete, Brigid Kosgei’s career path was somewhat different. Born in Sinon village at Kapsowar, Kosgei was one of eight children in her family. But in 2012 she was forced to leave school because her family couldn’t afford the fees, meaning she missed out on sitting her final exams. Keen to do something with her days, Kosgei and her partner Mathew started to dedicate more time to training. But two years later, Kosgei’s athletics ambitions had to be put on hold as she gave birth to…

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Since time immemorial and in many jurisdictions, taxation has been perceived as a hard nut to crack. In light of this, a top global agenda on tax administration has been an exploration of possible avenues that will see the simplification of the tax processes to the simplest level possible.  Many scholarly findings unanimously posit that one of the most important outcomes of a simplified tax system is improved tax compliance. In his article titled Tax Simplification: Issues and Options (2001) published on Brookings in 2001, William Gale notes that successful simplification of the tax processes has numerous benefits. Fundamentally, Gale…

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The equities market continues to be dominated by foreign investors at the Nairobi Securities Exchange(NSE).  The week ending October 9, 2019, they accounted for 56.3% of the week’s total activity, compared to 74.5% in the previous week. “Foreign investors were net sellers, reversing a three-week trend, logging net outflows of Ksh 38.1 million compared to a net inflow of Ksh 249.6 million in the previous week,” reported Genghis Capital, an  Investment Bank in Kenya. During the week, the equities market recorded mixed performance with NASI and NSE 20 gaining by 0.3% and 0.7%, respectively, while the NSE 25 declined by…

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Brigid Kosgei broke the women’s world marathon record at the  2019 Chicago Marathon running in a time of 2:14:03 on Sunday. https://twitter.com/ChiMarathon/status/1183395592405434370?s=19 She trounced Paula Radcliffe’s  2:15:25 by 71 seconds set in 2002. Ababel Yeshaneh of Ethiopia, was second in 2:20:51. Gelete Burka of Ethiopia was third in 2:20:55. https://twitter.com/ChiMarathon/status/1183398806030823424?s=19 This was her third time competing in the race. In 2017, she was second after clocking 2:20:22. In 2018, she was triumphant with an improved time of 2:18:35. In an interview with Daily Nation ahead of the Chicago Marathon, she said she had prepared well. “I have done proper preparations…

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The International Day of the Girl Child 2019 was celebrated under the theme “Girl Force: Unscripted and Unstoppable”. Its main objective is to empower girls and help them to get their rights so that they can face the challenges all over the world and meet their needs. At the same time, spreading awareness about eliminating gender biases against girls around the world. This theme also celebrates the achievements by, with for girls since the adoption of Beijing Declaration and Platform for Action. As depicted from a well-known African proverb, “If you educate a woman, you educate a nation”, It is…

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The race will start at Ndalat Hills (Paul Boilt Farm) and registration is free. October 19th  will mark the 11th annual Isaiah Kiplagat Ndalat Gaa Cross country championships that will be held in Nandi County.  The race categories are; 500M for 5-9-year-old children, 4KM for 10-14-year-old boys and girls, 6KM for secondary school students, 8KM for junior men and women, 10KM for senior men and women, and 2 KM for Veterans. “This is one of the most interesting races in the Safaricom Athletics Calendar, because it involves the community at all levels. With a strong foundation laid by the late…

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