Author: Khusoko

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

Canon Central & North Africa (CCNA) has appointed four new value business partners in key markets – and cementing its footprint across the region. This is to provide CCNA, a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe a strong network and deep market expertise in the continent. Ben Gossage Sales & Marketing B2B for Canon Central & North Africa says this is attributed to key findings from the first-ever Middle East and Africa study on the State of the Printing Industry – conducted by Canon in conjunction with print industry news leader ME Printer…

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Family Bank Kenya has redeemed its five and half years (5 and ½ year) Medium Term Notes (MTN) worth Ksh 2.0188 Billion that was due on 19th April 2021.  As a result,  bondholders have been paid their principal together with the accrued interest of the final six months. The notes included Fixed Rate Notes with a 13.75 per cent coupon, Mixed Rate Notes with a 14.00 per cent coupon and Floating Rate Notes with a 182-day T-bill coupon rate plus 250 basis points. “We wish to thank the investors who participated in the medium-term note. The MTN which was issued…

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Stori Yangu, the most in-depth and intimate profile documentary show in the region, is back for the 4th Season. Stori Yangu tells the stories of Kenyans who have contributed to society in different fields, from public service to business and even entertainment. The show speaks to the main subjects and gets the side of the story of those around them; parents, siblings, teachers, long-time colleagues, employers, and in some cases, competitors. The show brings to light the inspirational stories behind our most celebrated public figures, inspire generations to chase after their dreams tirelessly and entertain through the exciting stories shared.…

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For decades, African women have been trapped in poverty cycles due to several underlying factors including unequal access to education, factors of production, and trade facilities; inequitable labour-saving technologies; underpaid or unpaid labour; harmful cultural practices; and limited legal protection from gender inequality practices entrenched in society. To break the cycle of poverty and inequalities, the African Union continues to advocate for the development and implementation of policies and legal; frameworks that will create a wider array of opportunities for women, and which will lead to their economic empowerment at the national and regional levels and ensuring that the development…

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Kenya’s Capital Markets Authority (CMA) commenced its enforcement proceedings against former board members of Imperial Bank Limited (IBL) over oversight failure. In a statement, CMA said that the board members failed “to provide oversight in the preparation, approval and publication of the Information Memorandum for a Ksh2 billion medium-term note issue and on their failure to report the financial statements fraud to CMA and the investing public when it came to their knowledge on 21 September 2015, a day before the bond was allotted to the bondholders.” Efforts by CMA to undertake the IBL bond enforcement proceedings had been delayed…

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Swedish Mobile App Truecaller has introduced a new identity solution, ‘Truecaller Business Identity’, for enterprises. The enterprise solution allows businesses to verify their identities using a green verified business badge, which accurately presents the organization’s name, photo, and logo. It also allows businesses to drive efficiency in their communications while improving call pick-up rates for genuine and important calls. “The new solution brings greater trust and efficiency in communication between businesses and clients as it gives confidence to consumers, knowing that the caller is a verified business by Truecaller,” the company said in an emailed statement. Speaking during the launch,…

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