Author: Khusoko

Joseph Mwenda popularly known as DJ Joe Mfalme will take charge as Disk Jockey at Radio Africa Group following his exit from Capital FM where he played the same role for 12 years.   In a statement issued Tuesday via his Social media channels, Joe said he will forever be grateful to Capital FM’s management for giving him the opportunity.   “I would like to thank the Capital FM Kenya family for giving an opportunity to a young man from Meru who had dreams and ambitions of entertaining people through the art of deejaying. I have made some of my best memories…

A lot of young people choose careers in the aviation industry blindly and are mostly limited to Pilot or Cabin Crew. This happens a lot because of the little knowledge of the other professions in the Aviation industry. With the International Air Transport Association (IATA)’s the latest forecast that over the next two decades, the Kenyan market could more than double in size, resulting in an additional 11.3 million passenger journeys, and over 449,000 more jobs, opportunities are plenty! Here are some employment opportunities you should consider, apart from being a pilot. Aircraft and Avionics Mechanic or Technician Being an…

Britam Holdings,  diversified financial services company, on Monday appointed Zimbabwean Tavaziva Madzinga as its new managing director and chief executive officer. Tavaziva succeeds Dr. Benson Irungu Wairegi who is set to retire as the groups’ Managing Director end of January, the company said in a statement. The changes are effective 1st February 2021. Mr. Madzinga is an actuarial scientist, holder of a Bachelor of Science Degree from the University of Cape Town and has attended INSEAD Business School, France and Harvard Business School. He has over 20 years’ experience in the Insurance industry and has served in various capacities which…

Integrated Payment Services Limited (IPSL), the subsidiary of Kenya Bankers Association (KBA) that operates the banking industry’s instant payment service PesaLink, has named Gituku Kirika as its chief executive. He will replace Agnes Gathaiya, who joined Google as director of its East Africa business. Gituku has extensive banking and fintech leadership experience, having worked across East Africa with Standard Chartered Bank and DTB, primarily in product development. Prior to joining IPSL, Gituku was Director for Digital Payments (Sub-Saharan Africa) at Mastercard. He has spearheaded various partner and regulatory engagements that have promoted digitization and transformation within the industry, delivering market…

Kenya’s Director of Public Prosecution has dropped charges against ex-PSs Kamau Thugge and Susan Koech in Arror, Kimwarer dams scandal. According to the ODPP,  the duo have agreed to provide testimony against a former finance minister Henry Rotich and others accused of corruption over the awarding of tenders to build the Ksh 63 billion dams. “I have withdrawn charges against Thugge and Koech on instructions from Director of Public Prosecutions,” said Alexander Muteti, a deputy assistant public prosecutor. “The two former top government officials will now testify in the trial against the former finance minister and others charged.”

ICEA LION Asset Management, a leading investment firm operating in both Kenya and Uganda on Thursday said it sees big upside potential in 2021 for listed bank stocks, citing  an economic recovery from the coronavirus pandemic. “The feedback we are getting from banks is that a significant number of customers were beginning to repay loans earlier than expected as cash flow improves,” it said during the launch of its DigiTrust, an online investment platform, which enables investors to deposit and withdraw from the ICEA Lion’s Money Market Fund.  According to the Asset Managers, reduced loan loss provisioning and rebound in…