Naspers, a multinational internet and media group headquartered in South Africa plans to list in Amsterdam on July 17. Naspers said it will own at least 73% of the Amsterdam-listed entity retaining its primary listing on the JSE and a secondary listing on A2X. It would also not lose its inclusion in JSE indices and would directly own Media24, Takealot and Property24. READ: South Africa’s Naspers Eyes being Europe’s Global Consumer Internet Company by Asset Value Bob van Dijk, CEO Naspers said, “The planned listing of our international internet assets on Euronext Amsterdam is progressing well, and we believe that…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
CO-BE Nairobi, Kenya’s design label, has transformed into a new fashion under BOGUK. The new brand, BOGUK, reflects its 8-year growth since its launch in 2011 from pure leisure look to life wear look. “For over 8 years, and many styles later, we have finally found an aesthetic that would compliment all body types. We don’t design for size, we design for personality,” says the company. Bevern Oguk, founder at Boguk says the transformation is a result of the dynamics in the company’s, “Aesthetics, systems, and products, we are changing from a pure leisure brand to a more life wear…
Lawrence Masira, a 12-year-old Kenyan herdsboy, has been unveiled as the Visa Players Escort Ambassador for the forthcoming Africa Cup of Nations (AFCON) tournament scheduled for 21 June to 19 July 2019 in Egypt. https://twitter.com/VisaKenya/status/1133283629864558592 “I’m so happy to be going for the 2019 Africa Cup of Nation, it’s a dream come true for me. I love playing football and to have a chance to be in Egypt is just an amazing experience. I will be happy to see our Harambee Stars play against Egypt because I like watching Mohamed Salah. My other favourite player is Ozil of Arsenal,” said…
Maisha Microfinance Bank scooped the coveted Best Microfinance Bank in Product Innovation at the prestigious Think Business Banking Awards. “In today’s fast-paced business world, we have seen technology and innovation transform banking, however, the race will not be won by merely having the channel, but by differentiating it with unique efficiency,” said the CEO Ireneus Gichana upon receiving the award. “We have strived to be at the forefront of this digital revolution through designing innovative products that meet our customers’ needs,” explained Gichana. Best Banks In Kenya: 2019 Think Business Banking Awards This is anchored on four core values: Customer…
Kenya’s National Treasury has reopened the M-Akiba bond, a mobile-based infrastructure bond, targeting to raise Ksh 250 million in June. It is scheduled to run from Monday, May 27, to Friday, June 7, 2019. The value date shall be on Monday, June 10, and will start trading at the NSE Tuesday, June 11, 2019. The bond has a tenure of one year and three months, and a maturity date set for September 7, 2020. READ: Kenya Raises KSh197 million from M-Akiba Infrastructure Bond Investors The Central Depository & Settlement Corporation Limited (CDSC) Chief Executive Rose Mambo said they have put…
Persons to replace John Njiraini as Commissioner General of the Kenya Revenue Authority have been shortlisted. “The applications were scrutinised for conformity with the requirements published in the media advertisements, following which The KRA board now wants any persons with information that can help assess the suitability of the five candidates to write to it before May 31.KRA board approved five candidates for attendance of final interviews,” KRA said. The five shortlisted candidates include Julius Waita Mwatu, Richard Boro Ndungu, Andrew Kazora Okello, James Githii Mburu and Duncan Otieno Onduru. KRA said that by the close of the application period…