Anglo-Dutch multinational KPMG has resigned as an external auditor of the Standard Group Plc. The Nairobi Securities Exchange-listed media house did not disclose the reasons KPMG had opted to resign. “Pursuant to Regulation G.05 (1) (b) of the Fifth Schedule of the Capital Markets (Securities) (Public Offers and Disclosures) Regulations, 2002 – amended 2019, the Board of Directors of The Standard Group PLC (“the Company”) wishes to notify the public of the resignation of KPMG Kenya as the Company’s External Auditor with effect from 8th February 2021,” read the notice in part as issued on Wednesday. “The Board takes this…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
The Communications Authority of Kenya in collaboration with Safaricom, Airtel, Telkom Kenya, Jamii Telecommunication Ltd and the Global System for Mobile Communications (GSMA), launched an interactive portal aimed at creating a safer online environment for children, with tips for guardians. The portal was launched on Tuesday, February 9, as part of events in Kenya to mark Safer Internet Day. From cyberbullying to social networking, the annual Safer Internet Day aims to raise awareness of emerging online issues and chooses a topic reflecting current concerns. Establish rules It is important to first have a conversation with the child about the use…
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…
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…
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…
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…