Author: Khusoko

With more Kenyans becoming conscious of what they eat, Twiga Foods is setting up facilities to test fruits and vegetables sourced from farmers for pesticide residues to ensure the safety of consumers. Under the KSh 23 million plan Twiga has agreed to be the first domestic company to regularly test Maximum Residue Levels. On average, Twiga Foods handles 130 tonnes of produce daily. In addition to testing samples of produce, farmers supplying produce to the firm will also be trained on the safe use of agrochemicals. Announcing the initiative, the COO of Twiga Foods, Kikonde Mwatela said that this illustrates…

The Energy Regulatory Commission (ERC) on Friday slashed the prices of a litre of petrol and diesel by KSh8.80 and KSh7.35 respectively following the revision of VAT on fuel to eight percent. Kerosene prices will go up by KSh10.71 which hit poor households the hardest. “Pursuant to the Finance Act 2018, the VAT on petrol, diesel, and kerosene has been revised from 16 percent to 8 percent. Accordingly, ERC has recalculated the maximum pump prices that will be in force from September 21 to October 14, 2018 taking into account the VAT at eight per cent,” ERC director-general Pavel Oimeke…

President Uhuru Kenyatta has signed into law the Finance Bill 2018 giving effect to new tax proposals. “I give my commitment that I will ensure proper utilization of public resources for a better Kenya. I will not relent on the war against Corruption,” he said. The Finance Bill 2018 was passed by parliament on Thursday. https://twitter.com/UKenyatta/status/1043031041554833408 “A delay in implementation of the tax would compromise our ability to deliver services to Kenyans and derail the trajectory of our future,” Kenyatta said when he explained why he proposed a 50 percent reduction on tax on petroleum products. 

Polycarp Igathe has been confirmed as the Managing Director of Equity Bank Kenya five months after joining the lender. “The Board has completed the process of separating the operations and management of the Kenya subsidiary from that of the Group and appointed Polycarp the Managing Director of Equity Bank Kenya. Polycarp’s strong values and passion have enabled him to quickly fit well in the Equity Group organizational culture. He has distinguished himself as a results-oriented and committed business leader who is renowned for fostering productive partnerships with external stakeholders and customers, resulting in the delivery of outstanding company results. He…

Kenyan hip hop artist Hubert Mbuku Nakitare, commonly known by his stage name Nonini has been named as one of Safaricom’s creative brand ambassadors. “I appreciate this chance to work with Safaricom and also look forward to learning more about the work Safaricom Foundation does. I am very passionate about Corporate Social Responsibility, and as part of the partnership I hope to participate in as many activities as I can,” said Nonini. The six-month partnership with will have Nonini heavily involved in Safaricom brand campaigns which will include the use of his image, voice and content. He will also represent…

ICT Cabinet Secretary Joe Mucheru Thursday unveiled 2018 Connected Kenya Summit Innovation Awards. The annual Connected Kenya Summit is a platform that brings ICT thought leaders and under one roof to engage on emerging trends and innovations in the country’s ICT space.   This year, the summit will be celebrating its 10th anniversary with over 1000 delegates, local and international, expected to attend. “Our focus for Connected 2018 is the Big 4 Agenda. Technology has a significant role to play in the Big 4 and I look forward to seeing how we can innovate across manufacturing, healthcare, housing, and food…