Bidcoro Africa Limited, a company affiliated with Bidco, has acquired Suntory Beverage and Food Kenya, the makers of Ribena and Lucozade. The Competition Authority unconditionally approved the acquisition of Suntory Beverage & Food Kenya Limited by Bidcoro Africa Limited. Bidcoro Africa Ltd is a partnership between Bidco Africa Ltd and CORO A/S based in Denmark. Bidcoro, a Kenyan company specializing in concentrates, soft drinks, and ice lollies, will leverage its expertise to address Suntory’s underperformance. Suntory Beverage and Food Kenya holds a market share of less than 2% in the Kenyan soft drink market, which is dominated by Coca-Cola Beverages…
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.
The 2024 China (Changsha) Engineering Machinery Remanufacturing (Second-Hand) Equipment Economic and Trade Matchmaking Conference (Kenya Station) concluded successfully, fostering new partnerships and trade opportunities between China and Kenya in the field of construction machinery remanufacturing. Held on May 11, local time, the three-day “China-Africa Economic and Trade Expo into Africa”, the first event in this series, followed the successful three editions of the China-Africa Economic and Trade Expo held in Changsha, Hunan Province since 2019. One of the highlights of the event was the 2024 China (Changsha) Engineering Machinery Remanufacturing (Second-Hand) Equipment Economic and Trade Matchmaking Conference (Kenya Station). Hosted…
The Cabinet Secretary for the National Treasury and Economic Planning, John Mbadi, has directed the Kenya Revenue Authority (KRA) to adopt innovative and technologically advanced strategies to enhance revenue collection. During a meeting with KRA’s leadership Tuesday, CS Mbadi emphasized the need for continuous modernization to streamline processes, leverage cutting-edge systems, and simplify tax transactions. “Our modernization journey must align with our objectives and those of taxpayers. This approach will not only benefit taxpayers but also significantly boost our revenue mobilization efforts,” stated CS Mbadi. Highlighting the transformative power of technology, CS Mbadi emphasized its potential to reform taxpayer services,…
OPPO will be launching the Reno12 F 5G in Kenya, adding to its popular Reno Series. This cutting-edge AI phone boasts a sleek design, powerful performance, and innovative features. Key Features Cosmos Ring Design: A unique circular camera module with a dynamic Halo Light that syncs with music and provides customizable lighting effects. 120Hz Smart Adaptive Screen: Offers a vivid and comfortable viewing experience with Splash Touch for improved accuracy in wet conditions and top-level smart eye protection. All-Round Armor: Durable construction with IP64 water and dust resistance and 5-star SGS Performance Multi-Scene Protection Testing. AI Portrait Expert: Capture stunning…
Kenya Airways achieved a significant milestone, reporting its first half-year profit after tax since 2013 attributed to its strategic turnaround plan, Project Kifaru, increased passenger numbers, and improved operational efficiency. The airline achieved a profit after tax of Ksh 513 million ($4 million) for the first half of 2024, a remarkable 102% improvement compared to the Ksh 21.7 billion loss reported in the same period of 2023. Total revenue grew by 22% to Ksh 91 billion, driven by a 10% increase in passenger numbers (2.54 million) and a 14% increase in Revenue Passenger Kilometers (RPKs). Operating costs increased by 22%…
Mpox, formerly known as monkeypox, has become a global health emergency, prompting concern due to its increasing spread in Africa. What is Mpox? Mpox is caused by infection with the Monkeypox virus, which belongs to the same family as the virus responsible for smallpox. Symptoms include fever, chills, body aches, and a rash that progresses through different stages, including scabs. Unlike smallpox, mpox generally causes milder symptoms, but severe cases can lead to lesions on the face, hands, chest, and genitals. Current Situation in Africa The World Health Organization (WHO) reported over 14,000 cases and 524 deaths in Africa this year, with more…