When Raaji Bharij and his navigator Tauseef Khan rev-off in their Ford Mark 1, 1969 during this year’s East African Safari Classic Rally, they will have a smart vehicle tracking system onboard their rally car courtesy of their sponsor, Safaricom. The telco will pilot an IoT (Internet of Things) powered telematics solution which integrates with the vehicle’s on-board computer, collects information on several parameters that are accumulated and recorded at the end and the start of each trip. This provides insights into journey duration, vehicle speed, route information, fuel consumption and driver behaviour. The telematics pilot is part of a…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Mastercard has expanded its interactive business intelligence platform Mastercard Market Trends in the Middle East and Africa. Mastercard Market Trends provides a comprehensive view of payments insights, competitive intelligence and industry trends for banks and financial institutions across the world. In the Middle East and Africa (MEA), the platform enables a comparison of over 300 cards from five key markets, access to market reports, analysis of global and regional leading fintech and thought leadership on key payment industry and technology trends, such as Open Banking and Blockchain. “Access to relevant insights, data, and analytics to inform smart decisions is critical to business success.…
The Professional Golfers’ Association (PGA) Tour season continues with the 2022 Waste Management Phoenix Open scheduled from Thursday 10 to Sunday 13 February 2022 at TPC Scottsdale in Arizona. Formerly known as the Phoenix Open, this tournament was founded in 1932 and has the reputation as ‘The Greatest Show on Grass’. The all-time leaders in terms of wins at this event are the great Arnold Palmer, Gene Littler, Mark Calcavecchia and Phil Mickelson – all of whom have three times to their name. The defending champion is Brooks Koepka who claimed his second Waste Management Phoenix Open title in 2021,…
Kenya’s low-cost carrier, Jambojet Wednesday announced the start of cargo operations on its passenger flights. A subsidiary of Kenya Airways (KQ), its cargo operations targets both local and regional routes such as Goma in the Eastern Democratic Republic of Congo. Early this year, the airline received regulatory approvals from the Kenya Civil Aviation Authority (KCAA) to start ferrying cargo across local and regional markets where it operates. Through its six aircrafts each with a capacity of carrying 1.2 tonnes of cargo, it has a cargo capacity of approximately 169 tonnes every week. Jambojet MD and CEO Karanja Ndegwa said, “Jambojet…
Prime residential sale prices in Nairobi rose 1.2 per cent over the past six months to December, property consultant Knight Frank Kenya said in its report released Tuesday. The marginal improvement is attributed to the re-opening of the economy and increased investment activity, compared to a 1.1 per cent decline in the same period in 2020. Prime residential rents remained unchanged over the past six months to December, compared to a 4.17 per cent decline during the same period in 2020. The stability in rentals is mainly attributed to increased occupancies across most high-end gated properties. The prime residential sector…
One out of the two active forest fires that began Sunday night in the Aberdares has been contained, Kenya Wildlife Service (KWS) said Monday evening. Rhino Ark Charitable Trust said that the wildfires had been reported in the moorlands of the northern Aberdares and the Ngobobo area of Eburru Forest. “On February 6 two fires outbreaks were reported at Oldonyo Lesatima, Aberdare’s highest peak. One of the fires that was spreading towards the Satima area has now been extinguished. The second fire started at the peak and continued spreading towards the downslope. 90 per cent of the fire has been…