Kenya’s hospitality sector is poised for further growth in the next five years bolstered by growth in air connectivity, visa-on-arrival policies, growing demand for experiences and adventure according to PwC’s Hotels outlook: 2019–2023. According to the report, Kenya has been said to among the next fastest growing with compound annual increases of 7.4%. “Kenya’s appeal as an adventure destination, with more flights, and new hotels will continue to grow.” The PwC outlook projects that Kenyan hotel room revenue will expand by 7.4% compounded annually, rising to $731 million in 2023 from $511 million in 2018. Guest nights will total an…
Author: Khusoko
Majid Al Futtaim is set to invest an undisclosed amount opening its first Carrefour stores in Uganda in response to evolving customer needs and growing demand for modern retail in Kampala and its surroundings. Majid Al Futtaim will operate its first Carrefour store in Oasis Mall, with over 150 employees recruited for its maiden Ugandan outlet, which promises shoppers great value and choice, through a combination of offers and promotions. The store will enable customers to purchase quality products at unbeatable prices, within an excellent shopping experience. Hani Weiss, CEO of Majid Al Futtaim – Retail said: “Following Carrefour’s success…
Bulk carrier MV Lowlands Mimosa, with a gross Tonnage of 35596, docked at the port of Mombasa, Berth No. 9 at the Port on Saturday according to the Kenya Ports Authority. The vessel is the largest tonnage ever bulk carrier to dock in Kenya in its entire history following its maiden arrival said the Authority. “The ship docked at Berth No. 9 at the Port on Saturday, June 22, 2019 with 50,500 metric tons of fertilizer for the Kenya Tea Development Authority,” said KPA. https://twitter.com/Kenya_Ports/status/1143851605781032960 According to KPA head of conventional cargo operations Paul Bor, going forward, there is an…
Human rights and criminal litigation lawyer Christine Nkonge, has been named executive director of Katiba Institute. She replaces Waikwa Wanyoike following his departure in September 2018. Prior to taking over as the acting ED, she was the Senior Litigation Counsel/Public Interest Litigation Manager in charge of the litigation team. “We are delighted that Christine has accepted the offer. The appointment became effective on 1st June 2019,” announced Katiba Institute on its website. https://twitter.com/waikwawanyoike/status/1143837408779284480 Christine joined Katiba Institute in 2014. Her former immediate employer was the International Justice Mission (IJM) Kenya. Her interest in constitutionalism began through her work within the…
Safaricom (NSE: SCOM) has introduced a fraud intelligence solution for financial institutions to address the increasing incidents of fraud related to SIM swap. The service will enable financial institutions to check with Safaricom if there has been a SIM swap on the network and discontinue any requested transactions. In addition to authentication, the solution will also provide financial firms with capabilities to better design their lending propositions, enhance the registration and onboarding of new customers, and also in managing phone numbers linked to a customer’s accounts but which may no longer be in use. “We need to provide security and…
Mr. Abdulkadir Issa Noormohamed has been named the new Kenyan Section of the International Commission of Jurists (ICJ Kenya) executive director effective from 1st August 2019. Noormohamed brings to his new designation a wealth of experience in human rights, leadership and management, innovative strategy development, litigation and networking skills. He replaces the outgoing executive director Samwuel Mohochi. Mr. Noormohamed is an Advocate of the High Court of Kenya with a proven track record with a solid background in policy, advocacy and research within the non- governmental Sector. Mr. Noormohamed comes to ICJ Kenya from the Open Society Initiative for Eastern…

