Author: Khusoko

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

Why it may be the time for your company to buy office space in Nairobi. Reports in the dailies indicate that there’s an oversupply of office space in Upperhill and Westlands, and for the past two years the smart money has been busy negotiating new leases with lower rent. But the EVEN smarter money has been waiting and watching the Real Estate market cycle and in the last 6 months, has been starting to buy their office space. Here is why: Economies and markets are self-correcting! In the Real estate market, we have a four-stage self-correcting cycle. These stages are…

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Experts and pharmacists have faulted sections of the proposed Kenya Food and Drugs Authority (KFDB) Bill, 2019 that states that the regulation of food and medicines be merged and controlled by a single body. The Bill which was tabled by Dr. Robert Pukose, the MP for Endebess Constituency in Trans-Nzoia County is now being scrutinized by the Parliamentary Health Committee following its first reading in parliament. However, it has received opposition from the Pharmaceuticals Society of Kenya, the Fresh Produce Consortium of Kenya, Association of Public Health Officers of Kenya, Kenya Health Professionals Society and Kenya Livestock Marketing Council, the…

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Safaricom (NSE: SCOM) became the first African country to be inducted as the 4th member of the highest governing body of the Unstereotype Alliance,  an industry-led initiative convened by UN Women to end harmful stereotypes often perpetuated through advertising. The Alliance, is chaired by Phumzile Mlambo-Ngcuka, UN Women Executive Director. It currently has Mr. Alan Jope, Chief Executive Officer, Unilever, Ms. Fiona Carter, Chief Brand Officer, AT&T and Mr. Michael Roth, Chief Executive Officer, IPG. Sylvia Mulinge, Chief Customer Officer, Safaricom will join the Council as the Vice Chair. “We are delighted as a company to be part of a…

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Cigna, a health insurance company, has chosen Nairobi, Kenya to serve as headquarters for its operations in Africa. The newly launched  office is at One Africa Place, a 8,300 sq ft fully-fledged office space, accommodating more than 80 Cigna employees across the company’s group health solutions. In keeping with Cigna’s mission “to improve the health, wellbeing and peace of mind of those we serve,” the new office space has been designed to promote employee health and wellbeing, as well as efficiency and productivity. To further improve easy access to care in Kenya, Cigna has also recently opened an office in…

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Angeliqua Rivera, from Dusit D2 Hotel emerged the Kenyan Bartender of the year, at the Diageo Kenya World Class Competition 2019. Angeliqua created a signature cocktail dubbed Fallen heroes in honour of her colleagues who lost their lives on the 15th of January during a terror attack on 14 Riverside. “It has been tough for us having gone through what we went through but through hard work, determination and the support of my colleagues I was able to pull through this competition,” said Angeliqua. “I would encourage the youth especially girls not to shy away from bartending; it is a…

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John Yoshi from Alliance High School emerged the best student with 87 points (out of 100), followed by 16-year old Abigail Mukene from Alliance Girls High School who scored 84 points, tying with Natasha Nyambura Ngatia, 15, from Bishop Gatimu Ngandu Girls in the ongoing InterswitchSPAK STEM (Science, Technology, Engineering and Mathematics) competition. Natasha Nyambura Ngatia, 15, from Bishop Gatimu Ngandu Girls. Alex Wangara, also 15, from Kagumo High scored 83 points emerging fourth, followed by Wilberforce Odiwour, 16, from Kanga High School. Central Region emerged tops in the National Qualifying Test for the ongoing InterswitchSPAK STEM competition. Nyanza emerged…

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