Author: Khusoko

Njeri Jomo, CEO of Jubilee Health Insurance, has been crowned “CEO of the Year” at the prestigious 2024 Company of the Year Awards (COYA), hosted by the Kenya Institute of Management (KIM).  Now in its 20th year, the COYA Awards recognize organizations and leaders driving transformative growth in Kenya. Jomo was honoured for her exceptional leadership in driving strategic growth, fostering a culture of innovation and collaboration, and consistently delivering outstanding financial and operational results at Jubilee Health Insurance.  “This award recognizes leaders who embody true transformative leadership—those who not only achieve organizational success but also inspire positive change within…

Bitcoin extended its rally on Thursday 21st, climbing for the fourth consecutive session and reaching a new record high of $97,000 and edging closer to the landmark $100,000 level.  Optimism surrounding U.S. President-elect Donald Trump’s proposed crypto policies has fueled the surge. The cryptocurrency has gained over 40% since Trump’s election victory, with additional momentum sparked by reports that his social media company is in talks to acquire crypto trading platform “Bakkt.”  This potential acquisition would underscore Trump’s alignment with and support for the cryptocurrency ecosystem. If this upward trend continues seamlessly, it is predicted that the most valuable crypto…

Consumers are bracing for the peak shopping season with the December holidays on the horizon. The thought of long queues and crowded malls may put shoppers off, but more consumers are opting to shop online.  E-commerce is becoming increasingly popular in Kenya. New data from Aleph Group, a leader in the digital and technology fields, reveals new insights and changes in Kenyan consumer trends, with the numbers pointing to solid growth in the online shopping industry. ‘Social media and e-commerce have reshaped Kenyan consumer behaviour, notably during peak shopping seasons,” said Rachel Karanu, Client Partner Lead for East Africa, Aleph Group. “Online…

Shell is starting arbitration hearings over the supply of liquefied natural gas from Venture Global’s Calcasieu Pass facility, Shell CEO Wael Sawan said, according to a Reuters report. It is further reported that Shell and other companies, including BP, Galp and Repsol have launched contract arbitration cases in the United States over the inability to obtain contract cargoes for more than two years. “Frustratingly, we have got no volumes against our term agreement, which underpinned the financing for the project. We’re going through arbitration hearings this quarter,” Sawan said on a call with Reuters analysts. Shell and others say they…

Ms. Felisters Gitau Mutugu has been named Farmer’s Choice Limited Chief Executive Officer, effective November 1, 2024. She succeeds Mr. James Taylor, whose leadership over the past four decades has been instrumental in transforming Farmer’s Choice from a small butchery into a leading regional meat producer. Ms Gitau, who has served as Deputy Managing Director of Commercial since 2022, brings over a decade of experience in the Fast-Moving Consumer Goods (FMCG) sector. She is a seasoned leader with a proven track record in commercial strategy, operational excellence, and marketing. Her passion for women’s empowerment and social impact is evident in…

Every 20th of November since 2002, we mark World Chronic Obstructive Pulmonary Disease (COPD) Day to raise awareness about this top-four cause of death globally. Chronic Obstructive Pulmonary Disease is an incurable condition resulting from irreversible damage to the airways and the air sacs of the lungs. Often, this is caused by long-term smoking of tobacco, including shisha and vaping, and sustained breathing of other organic or inorganic pollutants. Further to being incurable and irreversible, this damage is progressive with continued exposure to the noxious agents.  Understanding COPD There is increasing awareness that tuberculosis of the lung, even when completely and…