Author: Khusoko

NCBA Bank Tuesday said in it has appointed Tirus Mwithiga Group Director Retail Banking as it seeks to strengthen and grow its retail business. Mwithiga brings to the bank 29 years of experience in retail banking and wealth management having served in an array of leadership roles in banks locally, regionally and internationally, including Barclays Bank and Standard Chartered. Prior to joining NCBA, he worked with Standard Chartered Bank in Singapore where he served as the (Global) Head of Network Planning and Branch Design across 37 markets. He is a certified banker with professional training from The London Institute of…

Sarova Stanley’s Thorn Tree Cafe will be closed temporarily after two employees tested positive for COVID-19. The hotel in a statement on Saturday said the two employees are in a stable condition and in isolation. “Sarova Hotels and Resorts confirms that two of our employees at Sarova Stanley Thorn Tree Café have tested positive for Covid-19. The two are currently in a stable condition and in isolation as per the ministry of Health guidelines.” It further said it has implemented its health, safety, and compliance protocols which include fumigation and disinfection of the entire hotel. “We will also be reapplying…

By 2030, fifth-generation (5G) related initiatives will contribute over $7.5 trillion to the global gross domestic product (GDP) compared to $5.1 trillion 4G contributed in 2019. This is according to Dimitris Mavrakis, research director of ABI Research, highlighting the impact of 5G technologies on the global economy, businesses, and consumers across the globe. Mavrakis noted that the low latency, high-speed 5G connectivity has opened infinite opportunities for businesses, resulting in productivity gains and operational efficiency, boosting economic growth. He was speaking at the Huawei 5G+, Better World Summit, where various operators and industry partners shared their view on how 5G…

Cassava is a highly resilient, nutritious food security crop, feed and industrial crop that can greatly contribute to improving the food security and livelihoods of smallholder farmers in Africa. Due to its low input- high output nature, efficiency in water use, and tolerance to drought, pests and diseases, cassava is a popular crop in many rural smallholder households. Unfortunately, farmers have experienced massive losses of up to 98% due to the effects of climate change and diseases like Cassava Mosaic Disease and Cassava brown streak disease (CBSD) CBSD causes roots to rot which renders the cassava tuber inedible, resulting in…

The Covid-19 pandemic has disrupted business and defined a new normal. Most operations have been migrated to virtual platforms to ensure business continuity even at the minimum.  The pandemic has hit the country at a time when the annual tax returns filing exercise starts to gather momentum. The Kenya Revenue Authority (KRA) is among the government agencies that handle the biggest number of walk-in customers.  A few years ago, the numbers would grow monumentally during the filing season as taxpayers visited KRA offices countrywide to submit their tax returns. This was before KRA automated returns filing and tax payment through…

Kenya hopes to raise coffee production to 100,000 metric tonnes annually from the current 40,000 metric tonnes annually.