Author: Khusoko

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

Trading in the financial markets can be both fruitful and tough for beginners. The most successful way for new traders to gain experience and confidence is through demo trading. This article will discuss the different factors that make demo trading a must for beginners and how it can make them successful traders. The Fundamentals of Demo Trading Explained Demo trading or paper trading, is a kind of trading that is done on a simulated trading account with virtual funds where a person can practice trading without risking real money. Thus, the trading platform provides a safe and friendly environment for…

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SBM Bank Kenya names Bhartesh Shah as CEO. Shah brings over 20 years of experience to lead the bank’s growth strategy, customer focus, and market share expansion in Kenya.  Bhartesh Shah has been named SBM Bank Kenya’s Chief Executive Officer (CEO), effective May 9th, 2024. Mr. Shah succeeds Moezz Mir, who served for six years and is transitioning to pursue other opportunities. Bhartesh Shah brings over two decades of experience in banking, operations, strategy, and leadership to SBM Bank Kenya.  He has held executive positions at prestigious institutions across Eastern Africa, Singapore, and the UK, including I&M Group, Equity Group…

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Established in 2013 by a coalition of leaders from ovarian cancer advocacy groups worldwide, World Ovarian Cancer Day, celebrated on May 8th, is an annual event in which we unite globally to raise awareness and solidarity in the fight against ovarian cancer.  The rallying cry “No woman left behind” signifies our unwavering dedication to ensuring that every woman, regardless of her background, economic status, or access to healthcare, receives the essential support, resources, and information needed for ovarian cancer prevention, detection, treatment, and survivorship. Many of you may ask, what is ovarian cancer? Ovarian cancer originates in the ovaries, the…

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Following a historical 24 hours / 12 segments, ICP Global Community Townhall hosted on “X”, which drew an audience of over 1.5 million attendees, Internet Computer (ICP) has announced ambitious plans for global adoption. Building on its momentum from a year of remarkable growth, Internet Computer unveils its groundbreaking “ICP HUBS” adoption strategy, poised to elevate global adoption to new heights. With a focus on immersive experiences tailored for developers, professionals, enthusiasts, and investors, ICP is set to redefine the standard for community engagement in the crypto sphere. The cornerstone of this strategy is the introduction of 13 flagship “ICP HOUSES” events scheduled throughout 2024,…

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As former UN and current African Union Food Systems Envoys, we have firsthand experience of the complex challenges confronting Africa’s food systems.  Despite the continent’s abundant natural resources, it needs help with food insecurity and malnutrition. The combined impacts of climatic shocks, COVID-19, and civil unrest further exacerbate these vulnerabilities, emphasising the urgent need for reforms to ensure food security across Africa.  The recent El Niño phenomenon in Zambia, Malawi, and Zimbabwe is expected to reduce maize yields significantly. A projected decline of 5% from 2.3 MT/Ha in marketing year 2023/24 would mark a five-year low in productivity for Zambia.…

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Charles Ballard, previously the CEO of Jumia Kenya, has been appointed as the new CEO of Twiga Foods.  Ballard succeeds Peter Njonjo, who stepped down in December 2023 after a decade at the helm of the Kenyan agri-tech leader. According to Hein Pretorius, Chair of Twiga’s board, Ballard’s extensive experience makes him the ideal candidate to lead Twiga into its next phase.   “His deep understanding of the Kenyan e-commerce and retail landscape, his proven operational grip, his entrepreneurial drive, and his passion for the Twiga Foods opportunity make him the ideal leader to steer Twiga into its next phase of growth and success,” Pretorius said. With over…

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