Author: Khusoko

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

The Federation of Kenya Employers said that overall unemployment in Kenya is 12.7 per cent, among the highest in Africa and the top in the East African region. The Kenyan youth aged between 15 and 34, who form 35 per cent of the Kenyan population, have the highest unemployment rate of 67 per cent. According to FKE, over one million young Kenyans enter the labour market annually without any skills, some having either dropped out of school or completed school and not enrolled in any college. At the same time, at least 50,000 Kenyans graduate annually from universities and colleges, joining…

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Maersk, an integrated transport and logistics company, has appointed Tito Okuku as its new managing director for East Africa. Okuku will oversee Maersk’s operations in Kenya, Uganda, and Tanzania. Tito Okuku brings over 25 years of leadership experience in logistics and supply chain management. He previously served as managing director of APM Terminals Kenya (Great Lakes Ports) and managing director for East Africa at DHL Supply Chain. Strategic Vision for Growth in East Africa Richard Morgan, Managing Director of Maersk—Indian Subcontinent, Middle East, and Africa, said: “Tito’s appointment marks an exciting chapter for our Eastern Africa business. His proven track…

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Every expectant woman wishes to carry their pregnancy to full term without any complications. However, sometimes stillbirths do occur, putting an end to the expectations. Stillbirth is the heartbreaking loss of a baby after 24 weeks of pregnancy. It is a devastating experience, often leaving parents with many unanswered questions. While doctors sometimes identify a clear cause, in many cases, the reason remains unknown. Here is what you need to know about stillbirths. What increases the risk of stillbirth? Certain factors can raise the risk of stillbirths, some beyond your control and others that can be influenced through lifestyle choices…

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In today’s banking, the standard is no longer sufficient. “Vanilla products”—generic, one-size-fits-all offerings that once dominated financial services—are quickly losing relevance. Rightly so, consumers across all segments, from entry-level to affluent and next-generation digital natives, are demanding more value, personalisation, and meaning.  We are at the intersection of three powerful shifts: a more financially literate population, rapid digital transformation, and rising expectations shaped by seamless experiences across other industries. This convergence redefines the essence of what it means to bank and be banked. There is a rise in the number of discerning consumers. According to the 2023 Deloitte Global Banking…

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Pope Francis, the first Latin American pontiff, passed away on Easter Monday at 88, the Vatican confirmed in a video statement. Pope Francis died on Easter Monday, April 21, 2025, at the age of 88 at his residence in the Vatican’s Casa Santa Marta. pic.twitter.com/jUIkbplVi2 — Vatican News (@VaticanNews) April 21, 2025   His death at Casa Santa Marta concludes a transformative 12-year papacy marked by reform efforts and internal divisions within the Catholic Church. Cardinal Kevin Farrell announced, “At 7:35 this morning, the Bishop of Rome, Francis, returned to the Father’s house,” during a Vatican television broadcast. The announcement…

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Kenyan women are increasingly taking charge of their financial destinies. The shift from informal savings to structured investments signals a new era of financial independence and economic empowerment. While the road ahead still has obstacles, the trajectory is clear. Women are no longer just participants in investments; they are key players in shaping Kenya’s financial future. Traditionally limited to informal savings groups, women are now thriving in financial markets, building wealth, and driving economic growth. Despite challenges, their impact is undeniable, and the vast majority are now making informed decisions, diversifying their portfolios, and leveraging technology to take charge of…

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