Author: Khusoko

Kenya is in China represented by President Uhuru Kenyatta where leads a delegation of traders to the China International Import Expo (CIIE), during which a deal on horticultural exports will be signed. On Sunday, President Kenyatta met with the President of China Xi Jinping in Shanghai, China. “Our talks focused on promoting economic and trade exchange and cooperation between our two countries ahead of the inaugural China International Import Expo (CIIE),” said Uhuru. “Access to the Chinese market will have a positive impact on the lives of common people and this will help counter any negative propaganda peddled by detractors of our…

A report released by Tala Kenya shows that their customers are well educated with higher incomes than the typical microfinance client. “They are between 25-34 in age and part of the emerging middle class, earning $2-$19 (Ksh 200 – Ksh 1900) per day. Most are steadily employed or entrepreneurs with small or micro-businesses,” reads part of the Tala’s Impact Study that sought to assess their impact in two categories: immediate impact and long-term impact. The study found out that close to 90% of their customers experienced significant unexpected financial expenses in the past year, with 34% having more than one.…

Suluhu Umbrella Scheme, allows members to port their medical cover through their pension and income drawdown in one platform. Kenya is set to have regulations in place to boost medical care for retirees according to the Retirement Benefits Authority (RBA). Nzomo Mutuku, chief executive officer RBA, says the authority has initiated a consultative process to develop guidelines to govern the Post-Retirement Medical Fund (PRMF). “The draft guidelines have gone through an elaborate stakeholder consultation process and were exposed to the discussion by members of the public nationwide. The guidelines were subsequently approved by the attorney general and the national treasury…

Oliver Gayer has been appointed General Manager of the InterContinental Hotel in Nairobi. He replaces Dieter Franke who has been appointed as the Area General Manager at the Intercontinental Hotel Group (IHG) portfolio in Egypt. “I am very excited to be appointed as the General Manager of InterContinental Nairobi; a landmark business hotel that is soon celebrating its 50th anniversary, after having opened doors in 1969. The InterContinental Nairobi is committed to achieving even higher levels of customer and other stakeholders’ experience in our services and relationships,” Mr. Geyer said. He has extensive experience of over 23 years in the…

Kenya’s inflation rate for the month of October marginally declined to 5.5% from 5.7% recorded in September attributed to a reduced food, non-alcoholic and transport index according to the statistics body. On Wednesday, the Kenya National Bureau of Statistics noted that the 1.8% decline in the food and non-alcoholic beverages index was mainly due to lower prices of maize and maize products compared to September. “The price of a 2kg packet of sifted maize flour dropped by 14.4% from an average of Ksh 97.88 in September to 83.83 in October. During the same period, prices of various vegetables were lower…the…

Ahead of the festive season, MultiChoice Kenya has unveiled unique content offering the best of local and international programming providing more choice for the whole family. “Great entertainment has always been a key focus for GOtv – and we are excited to continue building our fantastic entertainment options for our customers especially during this season,” Simon Kariithi, GOtv Kenya GM said. “The holiday season is an important time for our customers, and this makes it equally important for DStv to bring the family together,” said Eric Odipo, MultiChoice Kenya Managing Director. DStv subscribers can look forward to new and returning…