Author: Khusoko

January is back-to-school month for many school-going kids and students across the country. The December holiday provided a wonderful chance for students to unwind, switch off, and engage in multiple social activities. While students drown in the excitement and prospect of meeting their peers and their favourite teachers, it’s a wholly different story for parents and guardians. Parents and guardians have to worry about acquiring all the essentials, including shopping, and making sure all payments are settled before their kids can commence their learning. It is against this backdrop that Equity Bank has devised innovative solutions to help parents and…

Kenya’s economic foundation unquestionably rests upon its Micro, Small, and Medium Enterprises (MSMEs). As indicated in Sessional Paper Number 5 of 2020 on Kenya Micro and Small Enterprises Policy, these enterprises contribute to 24 per cent of Kenya’s GDP, encompass over 90 per cent of private sector enterprises, and engage 93 per cent of the total labour force in the economy. The MSMEs policy identifies access to formal financial services, financial education, and credit sharing as crucial factors for the growth of the country’s MSME sector. According to a recent MSME Survey conducted by the Kenya National Bureau of Statistics…

The fintech sector has been one of Africa’s biggest technology success stories. According to one report, the continent’s 678 fintech startups raised more than US$2.7 billion between 2021 and August 2023. Additionally, almost all of the continent’s unicorns (startups valued at more than US$1 billion) are in the fintech sector. The majority of that success has, however, come from the continent’s three biggest startup markets: South Africa, Kenya, and Nigeria. 68% of African fintech startups come from these “big three” markets. But things are steadily changing. More and more countries are realising the benefits that come with an active fintech ecosystem, with a…

As we welcome the arrival of 2024, reflecting on the lessons from 2023 and the evolving threat landscape, it becomes crucial to discern the persistent trends that shaped the previous year. The tenacity of cybercriminal tactics, notably the prevalence of ransomware, exploitation of vulnerabilities, credential theft, and supply chain attacks, marked 2023. What unifies these diverse attacks is their remarkable effectiveness. In light of this, it is imperative to contemplate the potential continuance of these trends into 2024 and formulate strategic approaches for businesses to counteract emerging cyber threats effectively. Between Persistent Trends and Evolving Cybercrime Tactics In 2024, the…

To feed the ever-growing world population, some farmers have to feed the livestock first. This important task falls on nutritious forage crops, also referred to as fodder. They are the ones that stand as nature’s provision for the farm’s four-legged residents. Such types of crops are grown for their leaves and stems, which the animals eat either through grazing or by consuming harvested hay or silage. In both cases, timing is of great importance to ensure optimal quality and quantity of conserved fodder, primarily their protein content, digestibility, and appealing taste, which are crucial for ensuring the well-being and productivity…

Stanbic Holdings Plc has announced the appointment of Joseph Loyld Omondi Muganda as its new board chair, effective December 31, 2023.  Muganda replaces Kitili Mbathi, who has served as the board chair since May 9, 2019. Muganda is a seasoned corporate leader who has held senior positions in various blue-chip companies, including Nation Media Group (NMG), Vivo Energy Kenya, Kenya Breweries Limited (KBL), and British American Tobacco (BAT).  He holds an MBA from Leicester University and a Bachelor of Science in Economics, Accounting, and Financial Management from the University of Buckingham (UK). In a statement, Stanbic Holdings said, “The Board…