Author: Khusoko

Kenya Airways on Thursday signed a partnership agreement with Congo Airlines. The agreement signed in Kinshasa will see the two national carriers partner in areas of mutual interest including aircraft maintenance, training and sharing of excess capacity. https://twitter.com/KenyaAirways/status/1385237954667454471?s=19 The agreement was signed in Kinshasa on the last day of President Kenyatta’s three-day State visit of DR Congo. The overarching objective of the partnership is the viability and sustainability of the two airlines. The partnership agreement was signed by Kenya Airways Group CEO Allan Kilavuka and his Congo Airways counterpart Desire Balazire Bantu. Present during the signing ceremony were Foreign Affairs…

MTN Rwanda Plc, majority-owned by South Africa’s MTN Group,  says it will be listing by introduction on the Rwanda Stock Exchange in May. This is after it obtained approvals from the Capital Market Authority (CMA) and the Rwanda Stock Exchange (RSE)  and a minority shareholder, Crystal Telecom’s (CTL). The listing of MTN Rwanda will see 1,350,886,600 ordinary shares with a nominal value of Rwf 1 each being registered with the RSE at an initial listing price of Rwf269 per ordinary share.  https://twitter.com/MTNRwanda/status/1384133424802263051?s=20 CTL shareholders will become direct shareholders in MTN Rwanda and be able to trade their MTN Rwanda shares…

Kenya and the Democratic Republic of Congo (DRC) reaffirmed their strategic partnership by signing four framework cooperation agreements covering several economic sectors, security and defence as well as maritime transport. Among the four pacts, signed on the second day of President Kenyatta’s three-day State visit to DRC, is the general cooperation agreement which provides a framework for joint promotion of economic, technical, scientific and socio-cultural programmes. Also signed were two separate bilateral agreements on security and defence which provide mechanisms for cooperation between Kenya and DR Congo in areas such as counterterrorism, immigration, cybersecurity, and customs and border control. In…

Safaricom will mark the seventh Safaricom Youth Orchestra graduation ceremony on Sunday. This will be the second year in a row it is being conducted virtually. It will be streamed on Safaricom’s YouTube Channel from 2 PM East African time. 11 music students are set to graduate and will be awarded certificates in orchestral music having learnt to play various instruments ranging from the Flute, Alto Sax, Trumpet and Violin. “Music education is highly beneficial to students’ well being and development. In line with our purpose of transforming lives, Safaricom is dedicated to continuously support and invest in music platforms such…

Smartphones have been a part of our lifestyle for several years now.  In 2012, smartphones became very popular as before, users were content with the mulika mwizi  (feature phone) which at the time served the required needs.  Over the years, the smartphone market has grown one with increasing innovative trends. One of the major evolutions that happened in the smartphone industry is that of the charging technique and speed of charging. The first smartphones that came to the market had slow charging systems which required lengthy amounts of time to get the device fully charged. This sent manufacturers to the…

Kenya’s Equity Group Holdings has seen an increase in the number transactions happening at its alternative channels accounting for over 62.6 per cent in value. Transaction value within its branches, accounting for only 37.4 per cent. According to data from the Bank’s full-year 2020 financial results,  digitization enabled 98 per cent of all the Group transactions to happen outside the branches with 85 per cent of the transactions being on self-service mobile and Internet banking and 12 per cent of the transactions happening on Agency and Merchant banking third party variable cost infrastructure. “Adoption of digital payments was accelerated with…