Africa has a long way to go in terms of Cyber Security Liquid Intelligent Technologies said in its report launched Wednesday. The 2021 cyber security report for Kenya, South Africa and Zimbabwe said Africa needs to bolster its defences in the face of rising cyber attacks after employees began working from home. It notes that businesses in Africa are vulnerable to cybercrime, with more than half of the countries in Africa having inadequate Cyber Security laws and regulations, making it a haven for cybercriminals. “The rapid move to cloud utilisation has only heightened the risk of both systems and data…
Author: David Indeje
David Indeje
David Indeje is the Community Engagement Editor at Khusoko, East Africa’s leading digital business news platform. He shapes editorial content, drives audience engagement, and amplifies diverse voices. Beyond journalism, he consults on digital strategy across agriculture, governance, technology, and health, while examining AI’s role in the future of media. He also serves as Communications Officer at KICTANet, advancing digital inclusion and policy dialogue.
Massmart Holdings Ltd, one of the South African retailers has decided to discontinue its businesses in Kenya. It was operating the retail business as The Game Stores. In Kenya, the company has stores in Garden City Mall, the Waterfront Mall in Karen and Mega City Mall in Kisumu. Massmart’s exit dents its expansion plans which had been dubbed ‘Grow Africa” between 2019 and 2021. Massmart opened its flagship Game store in Nairobi in 2016. Kenya is one of the 14 Game stores in East and West Africa – Nigeria, Ghana, Tanzania and Uganda- that have been put up for sale.…
WPP Scangroup, a full-service creative transformation company, posted a loss of Ksh 382.8 million for the financial year ended December 31, 2020. This is a decrease of Ksh 105 million compared to the fiscal year 2019. Its revenue also declined by 20 per cent to KSh 2,239 million. The group had reported a 20 per cent drop in net profit of KSh491.4 million in the year ended December 2019 compared to KSh612.2 million in 2018.
East African Breweries Limited (EABL) has reduced greenhouse gas emissions by 20.6% reduction between 2019 and 2021, according to its first sustainability report published on Tuesday. The report includes the company’s sustainability initiatives in Kenya, Uganda and Tanzania, where it noted their sites utilize an average of 82 per cent renewable energy. The sustainability report is an indicator of EABL’s progress and outcomes in corporate sustainability and has been created per the Global Reporting Initiative (GRI) standards. The report provides an overview of the processes and mechanisms EABL has put in place to support communities and do business the right…
British American Tobacco (BAT) Kenya is the winner of the 17th Kenya Association of Manufacturers (KAM) Energy Management Awards (EMA). The Nairobi Securities Exchange-listed firm emerged as the overall winner of the award in which the same institution’s Thika Branch took the runners up award. Speaking at the award ceremony in Nairobi on Friday, Ministry of Energy Chief Administrative Secretary Zachary Ayieko lauded the progress and commitment of the manufacturing sector in ensuring energy efficiency and conservation. “We commend the close collaboration between the Ministry and Kenya Association of Manufacturers to champion for energy efficiency across various sectors in the…
The Central Bank of Kenya (CBK) has invited bids for a 21-year amortized infrastructure bond worth KSh 75 Billion in September 2021. Proceeds will be used to fund infrastructure projects in the 2021/2022 National Budget Estimates. This infrastructure bond will be sold between 20th August 2021 and 7th September 2021, with a payment date of 13th September 2021. It will be tax-free as provided for under the tax laws. The redemption structure is 1st September 2031-50 per cent of unencumbered outstanding principal amount and 18th August 2042 for 100 per cent – Final redemption of all outstanding amounts. Bids must…