HF Group PLC, a multi-dimensional financial services provider, is seeking a strategic investor. The group has invited suitors to place their bids. “HF Group Plc has commenced the process of inviting strategic investors to acquire a stake in the Company as disclosed in the published 2020 financial statements,” HF Group chief executive Robert Kibaara said Thursday in a regulatory filing to shareholders. “The aim of the proposed transaction is to strengthen the Group’s capital in line with the Group’s current strategic direction. This process is ongoing and as at the date of this announcement no formal transaction has been concretized.”…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
The festive season is upon us and MultiChoice Kenya is dishing out great tidings of entertainment with a wide selection of content for the whole family including special Festive line-ups, a pop-up channel, key sporting events and more. DStv officially unveiled the Season of Joy with its campaign themed around the expression ‘Choose Joy this Christmas.’ The festivities were unveiled at a glamorous launch event held at Sarit Centre on the evening of Thursday 11 November and headlined by Winfred Gathagu, Nairobi County Executive for Trade and Tourism. Through this campaign, DStv endeavours to capture the essence of the season…
If voter registration is as important or indeed critical as we claim, why is it not compulsory? Why is voter registration not inextricably tied, as by an umbilical cord, to the registration for national identity cards, such that when one registers for their national identity card, they are also automatically registered as voters? And if we are talking to the youth, why are we talking to them using language that is boring? Tedious and, hence, inaccessible to them and in media that they are largely absent from? And in talking to them, does it ever register that they do not…
Del Monte Kenya is among Kenyan companies that have been recognized by the United Nations Women Foundation as among the companies that strived to meet the health needs of their workers at the height of the Covid-19 pandemic. Del Monte was recognized alongside other Kenyan companies; Twinings and Mt Kenya West Women in Coffee. The three from Kenya were hailed for making “bold, expansive commitments to reach more than women workers and community members with health and well-being information and services.” Del Monte According to the report by the UN, Del Monte provided more than 5,000 team members, including 3,400…
Max Verstappen extended his championship lead over Lewis Hamilton to 19 points in the Mexico City Grand Prix on Sunday. https://twitter.com/Max33Verstappen/status/1457466245842972681?s=20 Mexico City GP Result: Top 10 1) Max Verstappen, Red Bull 2) Lewis Hamilton, Mercedes 3) Sergio Perez, Red Bull 4) Pierre Gasly, AlphaTauri 5) Charles Leclerc, Ferrari 6) Carlos Sainz, Ferrari 7) Sebastian Vettel, Aston Martin 8) Kimi Raikkonen, Alfa Romeo 9) Fernando Alonso, Alpine 10) Lando Norris, McLaren The races remaining in F1 2021 November 14 Sao Paulo GP November 21 Qatar GP December 5 Saudi Arabian GP December 12 Abu Dhabi GP
We have a problem. The recently released State of the Climate in Africa 2020 report, indicates that in 2020, the climate indicators in Africa, were characterized by extreme weather events such as floods and droughts, increasing temperatures and accelerated rise in sea levels. The associated impact was devastating. The report also notes that by 2030, up to 118 million extremely poor people will be exposed to drought, floods and extreme heat in Africa, if response measures are inadequate. Additionally, climate change could further lower gross domestic product (GDP) in Sub-Saharan Africa by up to 3 per cent by 2050. And Africa…