Author: Khusoko

Kenya’s family-owned Marketways Supermarket has shut down, citing “unforeseen circumstances beyond their control,” after 56 years of operation. “Yes, we closed two weeks ago (May),” one of the staff confirmed to Khusoko without citing any reasons for the shutdown.  The privately-owned enterprise operating one retail supermarket located at Valley Arcade, Gitanga Road, informed users that: “We have made the difficult decision to close down due to unforeseen circumstances beyond our control. We want to express our deepest gratitude to you for having supported us throughout the years.” “As we prepare to close our doors, we want to assure you that…

In an increasingly digital economy, accelerated by the COVID-19 pandemic, there has been greater collaboration between the private sector and African governments to further the continent’s digital and financial inclusion agenda. Financial inclusion, in particular, is both a precondition and a key enabler for meeting many of the UN’s Sustainable Development Goals (SDGs), including reducing poverty, boosting economic growth, and promoting market access. To this end, various governments, including Kenya and Tanzania, have embraced digital transformation and provided sound and enabling policy frameworks for innovative solutions that empower citizens. For instance, mobile money platforms such as M-PESA have been vital…

Online gaming and betting have taken the world by storm, and Kenya is no exception. The country has seen a surge in the number of online gaming and betting platforms that cater to all types of players.  Among these websites, BangBet Kenya stands out as one of Kenya’s best online gaming and betting destinations.  This website has been gaining popularity in the online gaming and betting industry, with many players considering it the ultimate gaming and betting platform in Kenya. Launched in 2019, BangBet Kenya gained a reputation for its user-friendly interface, extensive game selection, generous bonuses, and excellent customer…

The Kenya Reinsurance Corporation (Kenya Re) has appointed Dr Hillary Maina Wachinga as its managing director, replacing Jadiah Mwarania, who retired in 2022. However, his appointment is subject to regulatory approval. “Dr. Wachinga is a multi-skilled strategic thinker with over 17 years of proven work experience in risk management, compliance, and auditing—16 of which have been at the management level,” said Kenya Re on Wednesday. Before his appointment, Dr Wachinga had been overseeing the Corporation’s risk and compliance operations. Dr Wachinga holds a doctorate and master’s in Business Administration and Computer Science from the University of Nairobi. He is a…

Choosing an insurance service provider is an important decision that can significantly impact your financial well-being.  Insurance is an essential part of managing risks, and it is crucial to select a reliable and trustworthy provider that offers products and services that meet your needs.  This article will use Xplico Insurance Kenya as an example to discuss what you should look for before choosing an insurance service provider. Reputation: When selecting an insurance provider, it is essential to check their reputation.  Xplico Insurance Kenya has an excellent reputation for providing quality insurance products and services in the Kenyan market. The company has…

Diageo has promoted its Chief Operating Officer, Debra Crew, as its first female Chief Executive.  Ms. Crew will take charge on July 1, 2023, the company said in a statement. It added that her appointment means women will make up more than 50% of Diageo’s executive committee. https://twitter.com/Diageo_News/status/1640627634479529986?s=20 She will take over from Ivan Menezes, who will retire after ten years. “Ivan has transformed Diageo’s global footprint, brand portfolio and strategic focus, positioning our business as a clear leader in premium drinks,” Diageo chairman Javier Ferrán said. “The Board has diligently planned for Ivan’s successor, and we are delighted to…