Author: Khusoko

The Kenya Private Sector Consortium has broadly welcomed on-going Kenya – U.S Free Trade negotiations which are being seen as an opportunity to catalyze mutual economic growth. “We fully support the efforts of Kenya and the United States to negotiate a comprehensive and high-standard trade agreement to grow two-way trade and private sector investment,” said Nick Nesbitt, Chairman of the Private Sector Consortium on the Kenya – U.S. Free Trade Agreement (FTA) and also Chairman of the Kenya Private Sector Alliance and the East Africa Business Council. Kenya on Wednesday launched talks to seal a free trade agreement with the…

Open Banking is a global FinTech trend that according to NETInfo is revolutionizing the financial services landscape across the world, This service enables banks to acquire the skills and tools required to build their own ecosystem through the Open Banking infrastructure. NETInfo believes that African banks are well-positioned to embrace the opportunities created by Open Banking through transforming their offerings with innovative, agile and efficient solutions that will strengthen customer relationships and increase revenue for the banks. The platform eliminates the restriction that limits access to customer financial data, with the bank with which they have an account. The account…

The Nation Media Group (NMG) has promoted Clifford Machoka as the Head of External Affairs and Marketing. Machoka serves as Head-Corporate & Regulatory Affairs at the media house. A position he has held since January 2016 driving the company’s regulatory and reputation management strategies. Stephen Gitama, NMG Group CEO says as the Head of External Affairs and Marketing, Clifford will play a key role in the Group’s digital transformation agenda. “He will take charge of leading the brand’s marketing strategies, events management, and commercialization of the group’s products as well as drive its strategic regulatory and reputation management, corporate communications,…

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…