Author: Khusoko

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

Estonian taxi-hailing firm Bolt, on Thursday, said it is focussing aggressively on expanding its presence in Kisumu and Nakuru towns with the launch of Bolt Lite. Bolt Lite category aims to make rides more affordable to customers, which in turn translates to more trips, hence stronger earnings for drivers. Ola Akinnusi, Country Manager at Bolt says they have been carrying out extensive reviews to ensure that they continue to provide the best earnings for driver-partners and still remain the most preferred platform by customers. “Our analysis indicated that a more affordable priced category will increase the amount of rides and…

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Google has appointed Agnes Gathaiya director of its East Africa business replacing Mr Charles Njenga Murito who was moved to serve as government affairs and public policy director for Sub- Sahara Africa in February this year. She has more than 21 years of progressive experience in organizational transformation, focused on developing strategy, and providing commercial leadership in sales and business development. Prior to Google, Agnes was the Chief Executive Officer of Integrated Payment Services Limited (IPSL).  READ Conversation with Agnes Gathaiya, CEO – IPSL, the Spirit of Progress She has held leadership positions in organizations including Deloitte Consulting as an…

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Blackheads are clogged pores that form when the oil gland produces excess oil that can’t flow out of the pore naturally and gets stuck. The excess oil mixes with dead skin cells and debris in the pore lining, and once that mixture makes its way to the surface and is exposed to the air, it oxidizes, turning black. In other words, blackheads are essentially hair follicles that are blocked up with dead skin cells, oil, and bacteria, causing wide openings on the surface of the skin. The most annoying part about blackheads is the fact that once you happen to…

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The economic complexities presented by the COVID-19 pandemic is pushing monetary authorities towards more flexible long term policy objectives.  To this end, the US Federal Reserve last week reviewed its long term inflation management strategy away from an absolute to an average target of 2.00%. This will allow inflation to somewhat run above 2.0%, without raising expectations of higher interest rates. The shift may affirm the current broad-based low policy rate environment across the globe given the engrained leader-follower relationship among central bankers.  Moreover, the Fed’s policy move may offer some reprieve to central banks in emerging and developing markets,…

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Spanish delivery startup Glovo has appointed Priscilla Muhiu as General Manager for Kenya.  Priscilla takes over from William Benthall who has been appointed Glovo’s General Manager for Sub-Saharan Africa. Prior to her appointment, Priscilla was the Africa Marketing Head for Glovo, where she led the team that successfully launched the Glovo brand in Kenya and Côte d’Ivoire.  Her previous experience includes working with tech companies such as Sendy and OLX. Priscilla has a wealth of industry knowledge when it comes to growth hacking, market strategy development, and business modelling. She is also very passionate about solving problems in Africa through…

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British American Tobacco’s Board has appointed Isuzu East Africa chief executive Rita Kavashe as its chair. She replaces Mr. George Maina as a Director and as the Chairperson of the Board with effect from 31st August 2020. Maina, served as a Non-Executive Director and Chair of the Board for nine years. “He has led the Company through a period of major transformation, including overseeing the Company’s first step in its ambition to build A Better Tomorrow for its stakeholders. He leaves behind a much stronger and more sustainable organization,” BAT Kenya Managing Director, Mrs. Beverley Spencer-Obatoyinbo said in a statement.…

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