Author: Khusoko

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

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…

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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…

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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…

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According to statistics, more than 400,000 small business start every month, but only a small percentage thrive to 10 years and beyond. Research by KNBS on survival rates of small business states that 46 percent fail in the first year, 4 percent during the 5 years and 11 percent during the first 10 years and sadly only a small percentage make it through to 15 years.  What causes the failure and how can you mitigate the issues that cause the shutdown to ensure your business become a corporate giant.  In this article, we will go through some of the major…

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Toyota Tsusho Corporation is aiming at integrating its operations in East Africa under the CFAO Group. Japan’s Toyota Group bought French distribution company CFAO in 2012, giving it access to businesses ranging from mobility, healthcare, consumer goods as well as technology and energy. The integration process which began in December 2017 has created a conglomeration of 140 companies across 36 nations and a presence in 53 of the 54 African countries. According to CFAO Group Chairman and Chief Executive Richard Bielle, the Group has 15 production facilities across the continent and intends to increase its local manufacturing, assembly and value…

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Safaricom (NSE: SCOM) has acquired the Tier III Design Certification from Uptime Institute for the Thika Data Center. The certification was achieved after a thorough forensic assessment of all aspects of Safaricom Data Center design by Uptime Institute experts’ team. Thika Center is the main data center for Colocation services demonstrating the telco’s commitment to offering added value to its large Enterprise customers. “We want to provide our customers with the best connection, in the best facilities, no matter where they are. We are glad to have an independent verifier declare that our facilities are up to scratch and are…

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