Author: Khusoko

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

The Kenyatta National Hospital(KNH), Kenya’s biggest referral health facility, is planning to build Ksh. 230million hostel for cancer patients funded by the public. “Completion of cancer treatment is considered a key measurement in improving health outcomes in cancer treatment as well as improve compliance with treatment, especially for radiotherapy and chemotherapy,” said the Hospital through its Twitter feed. “KNH is calling upon all people of goodwill to own and support this project by contributing via MPESA Paybill No- 474444, KNH Hope Hostel. A little will go a long way. Let us come together and Give hope home in Kenya,” read…

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USIU-Africa and the Cyber Security Institute (CSI) have signed a memorandum of understanding that will see both institutions offer research and innovation, training and capacity building programs in cybersecurity.  USIU-Africa Vice-Chancellor Prof. Paul Zeleza said the partnership will see both USIU-Africa and Cyber Security Institute leverage each other’s resources, knowledge base and unique perspectives to innovatively solve cybersecurity challenges in the country as Kenya increasingly strengthen its capacity to respond to technology and data security issues. “The recent launch of Kenya’s Huduma number and the reported opportunities and challenges bring to the fore need for concerted efforts in providing safe…

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Consumer prices in Kenya rose in July at the fastest annual rate in three months. Annual inflation rose to 6.27% in July from 5.70% the previous month, according to Kenyan National Bureau of Statistics on Wednesday. This was attributed to a rise in prices of food and transport costs. source: tradingeconomics.com READ:  Kenya July Inflation to Rise but Will Remain Within 7.5pct Target The cost of maize grain and loose flour, beef with bones, carrots, and onions increased by 0.52, 1.33, 0.23, 6.81 and 1.19 per cent respectively outweighing the reported 1.04 percent decline in the food and non-alcoholic drinks…

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Holiday Bazaar, a destination management firm for cruise and travel planners in East Africa, has launched its first fully-fledged and flagship cruise shop in Kenya. The tailored offering will provide cruise travel packages specifically targeting the Kenyan traveller, from some of the most renowned cruise liners globally. Nishma Shah, of Holiday Bazaar, said: “We see a huge demand for cruise tourism domestically. Kenyan travellers cannot get enough of the experience. With a 99.9% satisfaction guaranteed, it makes for an attractive holiday package regardless of age. With our expertise in understanding the local market coupled with our unique partnerships with the…

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Kenya’s inflation is projected to rise by 6.0% in July mainly on lower base effects but to remain with the 2.5% – 7.5%, target range. “Traditionally, interest rates track inflation movements due to the need to compensate investors for the erosion of returns as well as the implication for policy action. Even then, inflation reading for July is likely to have little implication for the yield curve as liquidity remain dominant and preference for sovereign risk intact,” says Commercial Bank of Africa analysts in their Weekly Fixed Income Report – 29th July 2019. June inflation rose to 5.7%  from 5.5%…

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Fairmont the Norfolk, Nairobi’s luxurious hotel is showcasing a week-long of African Art exhibition dubbed ‘African Inspiration’ featuring a unique collection of rare and valuable tribal arts curated by Lisa Christoffersen. Lisa is an Interior Designer with a succinctly African Aesthetic, and a keen appreciation of functionality. She has made a successful career as an interior designer, an expert in African tribal arts, as organiser and hostess of exclusive bush trips, and as the author of the very successful book Bushfriendly Tips for Girls (Boys Too!!!), currently in its second edition. During the week, African Artworks ranging from paintings, carvings…

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