Author: Khusoko

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

AFC Leopards has confirmed Belgian tactician Patrick Aussems as the club’s new head coach. Aussem will take over the FKF League side from Anthony Kimani, who has been the interim head coach following the exit of Czech coach Tomas Trucha. “The 55-year-old Belgian, former Standard Liege defender joins us with vast experience having coached teams across Europe and Africa for the last 30 years,” the club said in a statement. https://twitter.com/AFCLeopards/status/1359123153096761345?s=20 The 55-year-old Belgian, former Standard Liege defender joins us with vast experience having coached teams across Europe and Africa for the last 30 years. He has handled Sudan’s Al-Hilal…

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Absa Bank Kenya Plc plans to invest up to Ksh1.6 billion in over 60 different technology projects aimed at transforming the customer experience. Jeremy Awori, Absa Bank Kenya Managing Director, said that their commitment is to improving customer service, to make it faster and better.  These include automation of loan top-up process, a first-in-the-market which will enable customers to apply and get top-ups on their existing loans within 15 minutes. Also, the lender will be rolling out a fully-fledged online business banking platform. “Absa will continue to invest in and empower our customers,” said Awori as the lender marked one…

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Ericsson on Wednesday said it has named Sena Erten as Vice President and Head of People at Ericsson Middle East and Africa and a member of the market area leadership team. In her new role, Sena will drive Ericsson’s people transformation in the region through innovative leadership, attracting and retaining the best talents and helping Ericsson to win in the talent marketplace while creating a compelling employee experience. Fadi Pharaon, President of Ericsson Middle East and Africa said: “I am delighted to welcome Sena into her new role. Her extensive knowledge and experience will further strengthen our people function.” Sena…

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Rwanda’s national carrier, RwandAir has temporarily suspended flights to three southern Africa countries. Rwanda suspended flights to Zimbabwe, South Africa and Zambia on Monday, citing the new COVID-19 variants reported in the countries.  “Scheduled flights will resume as soon as there is more clarity on the situation,” the Airline said. Affected customers were advised to rebook and fly at a later date at no additional cost or request a refund from RwandAir. https://twitter.com/FlyRwandAir/status/1358525606540021761?s=20 South Africa received 1 million doses of the straZeneca-Oxford vaccine however, it said it halted its rollout due to its low efficacy to the new COVID-19 variants…

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APA Life, a leading insurance company in Kenya, has donated 1000 reusable face masks to Cheleta Primary School to fight with coronavirus crisis. The move has seen the company through APA Apollo Foundation donate over 10, 000 masks to some of the most disadvantaged communities in Kenya. APA Life Chief Executive Officer, Catherine Karimi says one of the best ways to protect others from the corona virus is by wearing a face mask, “Masks work best when everyone is wearing them to protect those around them. Masks are a key way everyone can help contain the pandemic and we are…

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UN Secretary-General Guterres has stated: “The COVID-19 pandemic is the worst global crisis since the Second World War”. The year 2020 came with a pandemic and it was an extremely difficult and unusual year for everyone around the world. In 2020, people’s way of life changed greatly, challenging economic development to an unprecedented extent. In 2020, traditional industries struggled, and new business models such as teleworking, online education, e-commerce, and telemedicine developed disruptively. In 2020, the fight against the pandemic and economic recovery was the top priorities of every country, and Kenya set an example for Africa in both the…

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