Author: Muindi

Experience working on communication and marketing departments and in the broadcast industry. Interested in sustainable development and international relations issues.

WhatsApp says it will make it easier for users to archive chats and remain muted even as new messages come in. The new archive feature dubbed ‘Archived Chats’ will be available for both Android and iOS users giving them more control over their inbox and more ways to organise the Archived Chats folder. “We have heard that users want their archived messages to stay tucked away in the Archived Chats folder, instead of moving back into your main chat list when a new message arrives,” WhatsApp said in a statement. This means that any message thread that is archived will…

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Kenyan manufacturers will have to brace for fresh challenges from soaring operational cost and cash flow amid the coronavirus outbreak.  According to the manufacturer’s a year after the pandemic, most of the challenges they faced continue to persist. “One year down the line, improving cash flow remains a top priority among manufacturers (67%). This is followed by increasing domestic market share (65%) while cost reduction was the third top priority,” according to a report on the impact Covid-19 on the manufacturing sector conducted by Kenya Association of Manufacturers and KPMG between May 2020 and June 2021. The survey titled, Impact…

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Creditinfo Group has introduced a scorecard solution tailored to help SMEs in Kenya access easy funding from financial institutions. The global credit information and decision analytics provider says the solution will be rolled out across Africa in due course. The solution utilises a unique approach to data and algorithms to help financial institutions facilitate financing to the SME market, which has typically been less able to access finance. This is delivered in a software platform that unifies, streamlines, automates and centralizes the risk evaluation process. https://khusoko.com/2020/02/14/how-commercial-banks-track-the-creditworthiness-of-business-enterprises/ Commenting on the new venture, Burak Kilicoglu, Director of Global Markets at Creditinfo, noted…

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Nairobi’s Intercontinental Hotel has kick-started the process of seeking a consultant to advise on the management of the property. Kenya Hotel Properties (KHP), the holding company that owns InterCon through a tendered notice, said: ”The terms and references are for the engagement of a qualified consultant to guide in strategic options towards best use utilisation of the firm’s property situated along Parliament Road near Holy Family Basilica,” the notice reads. “Define the various strategic options available for the company premises and adjacent parking silo to repurpose the property to ensure maximum returns on investment,” said KHP in a notice seeking…

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Gross revenues +22% to Kshs 20.3B – Net Revenue +19% to Kshs 12.5B Cost of operations +27% Operating Profit +4% Profit before tax +5% to Kshs 3.9B PAT Kshs 2.7Bn EPS Kshs 26.98 BAT Kenya’s net income rose by 0.71% in the first half of the year increasing by KSh19 million to KSh2.69 billion for the six months to June. The higher earnings were attributed to increased sales volumes. “Gross revenue increased by 22 per cent to Ksh 20.3 billion driven by the recovery of domestic sales volumes, excise-led price increases and sustained momentum on export sales,” the cigarette maker…

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Motor vehicle dealer Isuzu East Africa has crossed100,000th production milestone since the commencement of operations in 1977, the company said on Monday. The commercial vehicle assembler in the region celebrated the milestone at a ceremony to unveil the vehicle held at its Nairobi assembly plant. Isuzu EA Managing Director Rita Kavashe said the 100,000th vehicle was a demonstration of the huge vote of confidence that customers have in Isuzu products.  “As our way of saying Asante, we shall be announcing a raft of rewards for our customers over the next three months so that we can celebrate this milestone together,”…

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