Author: Khusoko

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

One of the most frequently parroted narratives you’ll hear when it comes to rolling out any green initiatives in Africa is that doing so puts much-needed growth at risk. In the run-up to COP 28, which takes place in the United Arab Emirates (UAE) from November 30 to December 12, it’s an argument that will likely crop up again. Historically, it hasn’t been one without merit either. African countries are, after all, reportedly responsible for just four per cent of global emissions. Given that they’ve contributed so little to the climate crisis, the argument goes, why should they be expected to…

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Sophos has released a report titled “CryptoGuard: An Asymmetric Approach to the Ransomware Battle,” which found that some of the most prolific and active ransomware groups, including Akira, ALPHV/BlackCat, LockBit, Royal, Black Basta, are deliberately switching on remote encryption for their attacks. In remote encryption attacks, also known as remote ransomware, adversaries leverage a compromised and often under-protected endpoint to encrypt data on other devices connected to the same network. Sophos CryptoGuard is the anti-ransomware technology that Sophos acquired in 2015* and is included in all Sophos Endpoint licenses. CryptoGuard monitors the malicious encryption of files and provides immediate protection…

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Fortebet, a strong performer in Uganda’s betting business, provides a wide range of sports betting alternatives to suit a variety of tastes. Fortebet, which was founded to provide a top betting experience, has witnessed quick expansion, earning a firm presence in Uganda’s competitive betting sector. The company’s distinctive selling point is its dual-platform strategy, which provides both online and physical betting options. This assures comprehensive accessibility, even for clients who live in locations with poor internet connection. The organization offers betting possibilities for a wide range of sports, including football, basketball, tennis, and rugby, drawing a diverse sports-loving clientele. Fortebet…

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Ms Susan Nsibirwa, a marketing and communications consultant, has been named by Nation Media Group-Uganda (NMG-U) as the new Managing Director for Monitor Publications (MPL) effective from January 2, 2024.  She will replace Mr. Tony Glencross. Susan Nsibirwa will lead MPL, The East African and Africa Broadcasting (U) Limited (the broadcasting company that operates NTV Uganda and Spark TV) to achieve their strategic goals, business plans and performance targets, and to create value for shareholders. “She also has proven experience in successfully implementing strategic corporate social responsibility programs and crisis management plans. She brings expertise in communication, business strategy, and the…

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In a transformative era where inclusivity and empowerment are at the forefront, KCB Bank stands as a beacon of support for women-led and youth-led Micro, Small, and Medium-sized Enterprises (MSMEs). With their recent brand purpose, “For People. For Better.,” the bank has not only unveiled a new thematic approach but has also committed to opening doors of opportunity for those who often face unique challenges in the business world, especially during these tough economic times driven by high inflation because of political and economic upheavals orchestrated locally and internationally. Recognizing the potential and resilience of women and youth entrepreneurs, KCB…

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In the vibrant tapestry of African music, gospel holds a special place. Its soulful melodies and uplifting messages resonate deeply with listeners across the continent. American gospel music might have taken the forefront as a preferred source of inspiration for gospel music lovers, but African listeners are increasingly rediscovering and embracing their homegrown gospel sounds.  African gospel music is deeply rooted in the cultural overtones and spiritual aspirations of local communities. It incorporates local languages, traditional rhythms, and music styles that create an authentic sound that deeply resonates with African audiences. In recent years, African gospel music has also emerged…

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