Author: Khusoko

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

Dr Jean Kaseya of the Democratic Republic of Congo is the first director general of the Africa Centres for Disease Control and Prevention. “The DG will also be responsible for the formulation and implementation of substantive work programs for the Regional Collaborating Centers and ensure that programmed activities are carried out in a timely fashion,” said the African Union in a statement following his approval by African heads of state in Addis Ababa during the African Union summit. Dr Kaseya will also oversee the delivery of the organization’s core functions and critical objectives per its statute. Dr Kaseya’s prior roles…

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Imagine a future where we don’t simply discard used electronics. Rather, we harvest individual components for a second, third or even fourth life. Once the device itself is truly at the end of life, we refurbish and recycle it to incorporate these same materials into next-generation laptops, monitors or phones. It’s a future where nothing goes to waste and the mountain of electronics discarded every year (more than 57 million tons, globally, to be exact) is dramatically reduced. Not only is technology dematerialized, but the materials we use fuel a robust circular economy. Thereby reducing the need for new, raw materials. A…

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Chinese smartphone maker OPPO on Thursday launched in Kenya the Reno8 T 5G smartphone. Alongside the smartphone, OPPO launched the Enco Air3 wireless earbuds. https://twitter.com/David_Indeje/status/1626275282217730048?s=20 OPPO Reno8 T 5G: Specification The OPPO Reno8 T 5G sports a 6.7-inch micro-curved AMOLED screen with a 120Hz refresh rate. The screen features a punch-hole camera in the centre and has a screen-to-body ratio of 93 per cent. It has a fullHD+ resolution screen of 10-bit colour depth, which is 64 per cent more than regular 8-bit screens. The smartphone is powered by the Qualcomm Snapdragon 695 5G processor, paired with Adreno 619 GPU.…

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Shaka Mwangi Kariuki has been appointed the Capital Markets Authority (CMA) chair replacing Nicholas Nesbitt, whose appointment to the post has been revoked. Shaka is currently the TransCentury board chairman. Mr Kariuki also serves as the co-CEO of Kuramo Capital Management LLC, and vice chair of GenAfrrica, Platcorp Holdings and Sterling Capital. He is the executive chairman of Nas Foods in Ethiopia. He sits on the board of Leon Business Solutions in Zimbabwe, Solo in Nigeria, Sepfluor in South Africa and the Marriott School of Management at Brigham Young University. He holds a Bachelor’s in Economics and a Master’s in…

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Stima Sacco says it has fixed the issue affecting its online services, an assurance to its members. Sacco’s management said this resulted from migrating its services to a new core banking system from the old Electronic Resource Planning, which is more secure and efficient in terms of amplification and transactions for existing and prospective members. With the new and revamped systems, customers can withdraw, deposit, and borrow cash through their MPawa App, view statements and check balances, and onboard on their new-improved web portal, all in real-time, unlike in the past. “We would like to assure our members that Stima…

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Online money transfer has become an important part of everyday life in Kenya and across the globe. Digital money transfer services not only support millions of businesses but also help keep families and friends connected in the country and across borders. According to the Ministry of Foreign Affairs, an estimated 3-4 million Kenyans live and work in the diaspora. Many use digital money transfer services to send money back home for different reasons, including education and medical costs, gifts and supporting daily household expenses. The rising popularity of digital money transfer has provided many benefits for customers, including faster speeds,…

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