Author: Khusoko

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

Ms Isabel Maganga has been named Managing Director of Equity Bank Tanzania in an acting capacity effective December 23, 2021. She replaces Mr Robert Gatimu Kiboti whose tenure as the managing director at the lender came to an end. He was appointed in 2018. Ms Maganga is a career banker with over fifteen years of experience. She holds a Master’s degree of Science in Finance and Investments from Coventry University, a Bachelor’s degree in Environmental Science and Management from Sokoine University of Agriculture. She also holds a Diploma in Banking from Milpark Business School. She is a certified Professional Banker…

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Desmond Tutu, the South African anti-apartheid icon has died aged 90, President Cyril Ramaphosa says.  “The passing of Archbishop Emeritus Desmond Tutu is another chapter of bereavement in our nation’s farewell to a generation of outstanding South Africans who have bequeathed us a liberated South Africa,” President Cyril Ramaphosa said. He “distinguished himself as a non-sectarian, inclusive champion of universal human rights”, Ramaphosa added. Desmond Tutu was a patriot without equal; a leader of principle and pragmatism who gave meaning to the biblical insight that faith without works is dead.   “A man of extraordinary intellect, integrity and invincibility against…

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LG Electronics (LG) has expanded its UltraGear products with the 17G90Q model marking its entry into the gaming market.  The new laptop features an 11th Gen Intel Tiger Lake H processor, NVIDIA GeForceTM RTX 3080 Max-Q graphics card, dual-channel memory and an ultra-fast dual SSD setup.  In addition to a 17-inch IPS panel with a 1 millisecond response time and a 300Hz refresh rate, the LG UltraGear gaming laptop ensures immersive, fluid gameplay for even the most graphically demanding PC games thanks to the latest top-of-the-line hardware.  LG’s cooling system with vapor chamber keeps the laptop running cool, even with…

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Businesses in every sector today are confronted with a variety of human rights issues that are intertwined with their core business objectives.  These challenges can be pressing and complex for firms operating in a global economy where the cost of unmanaged human rights risks is high. Whether it’s tackling labour practices in manufacturing or agriculture, security in extractive sectors, decent work, non-discrimination or equal pay, businesses must build expertise to conduct effective human rights due diligence and institute appropriate response mechanisms to deal with identified challenges. In many ways, the Covid-19 pandemic has brought human rights into sharp focus. Businesses…

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Chinese smartphone brand Xiaomi has introduced the Xiaomi 11T Pro to the Kenyan market,  the company’s high-end device. It features Qualcomm Snapdragon 888 processor and comes in either 128GB or 256GB Storage options. The Qualcomm chipset also allows video recording at 8K resolution. The smartphone is on sale at Jumia Kenya for KES 49,999 for the 8 GB +128 GB variant, while the 8 GB + 256 GB variant will be selling at KES 64,999. Xiaomi 11T Pro Processor: Qualcomm Snapdragon 888 5G 8 x 1.8 – 2.8 GHz, Cortex-X1 / A78 / A55 (Kryo 680) Graphics adapter: Qualcomm Adreno 660 Memory:…

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One of the most difficult articles to write is how to start something simply because it goes beyond understanding, comprehension, and information. I thus will digress for a moment and start off with a riddle for you. So…five frogs are sitting on a log. Four decide to jump off. How many are left? Everyone knows that investing early in life is important, but the hardest part is usually taking the first leap because, by human nature, we desire immediate gratification and detest the practice of short-term sacrifice for long-term benefits. It takes a high level of discipline, self-denial, determination, and commitment…

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