Author: Khusoko

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

Three Kenyans have been named by Forbes Africa 30 under 30 list blazing their own trails among 120 personalities across four sectors – business, technology, creatives, and sport. The list which is in its fifth year identified Kevin Njue (filmmaker), Karungari Mungai (musician) and Yaa Bonsu (fashion stylist). According to Forbes Africa, those who made it to the list are “… a stellar collection of entrepreneurs and innovators rewriting rules and taking bold new risks to take Africa to the future.” https://twitter.com/its_karenM/status/1148187401451384833 1. Kevin Njue, 27, a producer, director, writer, and CEO: Rocque Pictures After gaining experience creating short films,…

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The UN Secretary-General, António Guterres has the international community needs to step up and provide financial and technical resources needed to support African-owned and led counter-terrorism efforts. Guterres said the UN is fully committed to working with all countries and organisations in the fight against terrorism. “African states have made considerable efforts to implement the United Nations Global Counter-Terrorism Strategy and Plan of Action to Prevent Violent Extremism at national and regional levels, including through the African Union Peace and Security Architecture.  It is now time for the international community to step up and provide the financial and technical resources…

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There is more to safety than just prevention. It is a fact that safety is the most uncomfortable venture for most occupiers. Most employers look at safety as having Nil return on Investment.  However, when safety is viewed from its three pillars, the legal, moral and business obligation, it becomes profitable.  Most employers have comprehended the statement’s weight, as mentioned earlier and are now increasingly embracing occupational safety, health, and the environment. They have realized that a safe work environment increases productivity. It is better to prevent rather than relent and treat symptoms.  Therefore, as businesses and companies increasingly…

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Uganda has revamped its efforts to ensure its national carrier, Uganda Airlines becomes profitable. The airline has already made its intention by securing six regional routes: Nairobi, Bujumbura, Dar Es Salaam, and Juba. On Thursday, it announced plans to launch its maiden flight between Entebbe and Dar-es-Salaam. https://twitter.com/UG_Airlines/status/1148831611808620554 The airline is scheduled to commence commercial flights in July after completing the Air Operator Certification (AOC certification) process with the Uganda Civil Aviation Authority. READ: Uganda Airline to Make Maiden Flight to Nairobi Air Connectivity, Visa-on-arrival Policies to Bolster Kenya’s Hotel Sector Growth – Report The process includes demonstrating that the…

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The Board of National Bank of Kenya says KCB Group’s valuation of its shares falls below its independent valuation of KSh6.10 per share according to its ‘Shareholders’ Circular on the Proposed Take-over offer by KCB Group. According to the report signed by Mohamed A. Hassan the Chairman, “The Offer made by KCB falls below the expected valuation range.” “Specifically, this report has placed the fair value of NBK share at Kshs 6.10 resulting in an equity valuation for a hundred percent shareholding in NBK of Kshs 9.0 billion (equivalent to a swap ratio of 6.23 shares of NBK for every…

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African Union’s Trade Commissioner, Ambassador Albert Muchanga will lead a high-powered delegation to the 2nd edition of the Trade with Africa Business Summit in Chicago, US. “Amb. Muchanga and his team will be here as architects of the newly launched African Continental Free Trade Area (AfCFTA) at the 12th Extraordinary Summit in Niamey, Niger. Through collaboration and partnerships across the continent they have successfully created the world’s largest Free Trade Area,” says Toyin Umesiri, CEO Nazaru LLC and Founder of the Trade with Africa Business Summit. Besides, delivering the keynote address, Ambassador Muchanga is the 2019 “Champion of Trade” Award recipient for his leadership as…

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