Author: Khusoko

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

Article 27(8) of the Constitution of Kenya 2010 provides that the State shall take steps to ensure not more than two-thirds of members of all elective and appointive positions are not of the same gender.  Ten years after the promulgation of the Constitution of Kenya 2010, there is yet to be enacted a specific legislation to operationalise this constitutional provision on gender equality. Consequently, the Kenyan Parliament has been wrongly castigated for failure to enact the relevant legislation. The high-level criticism levelled against Parliament is somewhat misplaced in my considered view, for a variety of reasons: To begin, it is…

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Daauus, a top tier Somali creative advertising and communications agency, is looking to expand its presence in Kenya by setting up an office in the country. According to the company, their entry into the Kenyan will focus on Somali(a) related network of business.  “As you know, Kenya has been the second home for Somalis. And Many international institutions operate from their Nairobi offices,” says Mohamed Bashir Osman, Co-Founder and Managing Director of Daauus Advertising Agency. “We have been serving our Kenya based clients for the last four years from Mogadishu. Now is the time to invest in Kenya’s market to…

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Zhejiang Export Online trade fair started Monday with as many as 50 companies from East Africa are showcasing their products. The trade fair has been organised by China’s Department of Commerce of Zhejiang Province, and Zhejiang Broad International Convention and Exhibition Co. Ltd providing a unique opportunity for stakeholders in the Consumer Goods industry to meet and generate business.  The expo targets the Consumer Goods industry of Kenya and East Africa and will be conducted from 21st to 25th September 2020 at 11:00 – 13:00 Hours EAT. “This is an excellent platform to strengthen the trade between Africa and China.…

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Regional based insurance firm UAP Holdings has made key appointments filling vacant executive posts. The firm has picked Arnold Dippenaar from South Africa based Standard Bank as its new Group Chief Financial Officer replacing Arthur Oginga who graduated to the top CEO seat four months ago. Abdallah Hussein has been named the Group Chief Operations Officer who previously served as Airtel Kenya chief operating officer (COO). Grace Thiong’o has been appointed as the new Group Head of Compliance tapping her from a similar role at Faulu Microfinance Bank. Dippenaar is a chartered accountant, he holds a postgraduate degree and a…

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Kenya’s sports ministry on Friday said all outdoor recreation and non-contact sporting activities to re-open in a phased manner. However, all contact sports -football, rugby, boxing and hockey- remain suspended. Amina Mohamed, the cabinet secretary, said, “Non-contact sports will reopen in a phased manner, while water sports will remain suspended until further notice.” “All contact sports will remain suspended until further notice. Testing will not be mandatory, but where required, the cost shall be met by federations, sports organizations, participants, or event organizers as applicable,” she added during a virtual meeting on resumption to training, pre-competition guidelines, in-competition guidelines, post-competition…

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Centum Investment Company Plc has appointed Wambua Kimeu as Group Finance Director taking over from Samuel Kariuki. Kariuki served as the Group Finance Director and Managing Director at Centum Real Estate. Prior to his appointment, Wambua served as the Chief Finance Officer of Almasi Beverages, a former subsidiary of Centum. He also recently joined Centum Capital Partners Limited as a Partner. He also served as finance director for leading companies such as Trans-Century Limited and Tanelec Limited in Tanzania.  Wambua also worked in the Assurance and Business Advisory Services department at PricewaterhouseCoopers (PwC) Kenya from 2004 to 2007. He holds…

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