Author: Khusoko

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

Oppo, Chinese smartphone maker on Monday announced the global debut of Reno5 and Reno5 F models in Kenya.  Reno5 features two industry firsts in the form of AI Mixed Portrait and AI Highlight Video, an industry-leading feature that uses intelligent light detection to combine OPPO’s advanced Ultra Night Video Algorithms and Live HDR Algorithms to significantly enhance video quality in dim and backlit scenes.  With these features, users can quickly capture, edit, and share quality videos with ease. The Reno5 will be available in two colours, Fantasy Silver and Starry Black, comes with 50W Flash Charge technology – giving the…

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Coca-Cola Africa Operating Unit has appointed Debra Mallowah as the new Vice President for the East and Central Africa Franchise, effective February 15, 2021. Debra will oversee the development and implementation of business strategies across the East and Central Africa Franchise.  Debra takes over from Phillipine Mtikikiti who served as the Vice President & General Manager of the East and Central Africa Franchise since June 2019. Phillipine has moved on to take up a similar role for the South Africa Franchise in Johannesburg. Debra joins Coca-Cola from Safaricom Plc (Vodafone Group) where she was the Chief Business Development Officer and…

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Diamond Trust Bank Kenya (DTB) on Friday said it will shut down six branches from July to reduce costs and improve efficiency. However, it did not indicate how many of its employees will be affected by the consolidation process.  “The Central Bank of Kenya has approved an application by Diamond Trust Bank to consolidate its branches in certain locations within the country,” DTB said. “The staff in the affected branches will be redeployed appropriately to support other branches or business units within our network.”   Branches to be affected include Jamuhuri Street branch in Malindi, two in Westlands (the Oval &…

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LG Electronics announced the global rollout of its 2021 TVs featuring new OLED, QNED Mini LED and NanoCell TVs. The range of screen sizes begins from 43 inches to 88 inches. LG’s 2021 OLED TV technology is featured in Z1, G1, C1, B1, A1 series. All models in the G1 series feature the new OLED Evo technology, which the company claims delivers better luminosity for higher brightness. The C1 series offers the most screen size options starting with the 48-inch up to 83-inch. For a more price-sensitive OLED audience, the company has launched LG B1 and A1 series. G also…

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Equity Group Plc has created a subcontinent office for Central and Southern Africa under a regional director as it seeks to tap into the expansive market. The group has appointed Yves Cuypers, formerly Managing Director of Banque Commerciale du Congo (BCDC), as the regional director.  In his new role, Cuypers will focus on establishing the financial services organisation firmly in the region and will support the new Managing director of Equity BCDC in DRC Celestin Mukeba to achieve a smooth transition for the new Equity BCDC subsidiary.  BCDC has since merged with Equity Bank Congo to form Equity BCDC, the…

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