Author: Khusoko

While not all of us can have enough capital to a start-up business that wow the world, yet, we can still get to be part of some of the already-listed companies in the various stock markets that exist in the world. So in time, that amount of money you have been saving in a bank account can be a good start to creating some ‘paper wealth’ with quality returns in stock prices and dividends. Benjamin Graham says, “A stock is not just a ticker symbol combined with a price tag, but an ownership interest in a business”.The stock will give you…

The Kenyan government has extended the deadline to acquire a biometric passport by 10 months from March 2021 to Dec 31, 2021. The extension of the deadline has been attributed to the scaled-down operations of the Directorate of Immigration services. Interior CS Fred Matiangi’ says Kenyans have until 31st December 2021 to acquire the new East Africa Community biometric e-passport. “For the avoidance of doubt, starting 1st January 2022, the old dark blue passport will be null and void. No Kenyan will be able to travel abroad without a valid East Africa Community biometric e-passport,” He said. This is the…

Regional low-cost carrier Jambojet on Tuesday announced a flexible payment scheme called ‘Jaza pole pole’ under which passengers will have to pay as low as  Ksh 2,670 per person the total fare amount at the time of booking. Passengers can pay the remaining balance in “three instalments” for bookings made at least 60 days in advance under this scheme, Jambojet said in a press release. “Passengers are required to complete paying for their tickets within 21 days prior to the date of travel to any of Jambojet’s destinations,” the statement reads. Passengers using this platform will have up to two…

Granted, the easing of Covid-19 containment measures has helped rejuvenate economic activity in Kenya.  As a result, GDP performance improved to -1.10% in the third quarter, from a contraction of 5.50% at the height of lockdowns in the second quarter. The momentum may hasten in 2021 as confidence, both locally and externally, improves with the ongoing inoculation of the population against coronavirus.  However, in the immediate term, risks from new strains of the virus as well as delays in the procurement and distribution of the vaccine, partly due to global shortages, could impede the recovery. The fragility should sustain the…

Kenyan Section of the International Commission of Jurists (ICJ Kenya) Council says Ms Elsy C. Sainna has taken over as the organisations’ Executive Director in an acting capacity from January 1, 2021. She takes over from Mr Abdul Noormohamed whose tenure as the Executive Director ended on December 31, 2020. Since joining ICJ Kenya on August 1, 2019, Abdul played a pivotal role in spearheading ICJ Kenya’s 2021-2024 strategic plan development process.  “He has helped to recalibrate and streamlining the organisation’s operations, deepening our strategic partnerships, among many other notable accomplishments,” Kelvin Mogeni Chairman, ICJ Kenya said. Abdul is currently…

I&M Holdings on Monday said it has appointed Allan Christopher Michael Low as the new Regional Director. He replaces Vincent De Brouwer who resigned in August 2020.  Christopher will be charged with ensuring effective implementation of I&M Group’s long term vision and strategy while building, protecting and enhancing the Group’s brand value and visibility across the countries where the Group has a presence. He is a skilled banker having worked in the industry for over thirty years.  Christopher has served in numerous executive roles in the Sub Saharan region and across the world.  He has valuable knowledge in international banking,…