Author: Khusoko

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

The Kenya Revenue Authority (KRA) Board has appointed Mr. Paul Muema Matuku and Dr. Fred Mugambi Mwirigi to serve as Commissioner of Legal Services and Board Coordination and Head of Kenya School of Revenue Administration (KESRA), respectively effect from 15th May, 2019. Mr. Matuku joined KRA in 1996 and has served in varied positions in the Legal Services& Board Coordination department rising to his previous position of Deputy Commissioner in charge of litigation services. As head of litigation, Mr. Matuku has spearheaded KRA’s defence in key legal suits and contributed towards substantially enhancing the department’s success rate in countering tax…

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When I thought about this idea, it sounded ridiculous. Who doesn’t know how to light a jiko? Like, seriously? I came to realize that the idea was not ridiculous after all. It is a serious matter. Lighting a jiko within most of the rented apartments in Nairobi is a nightmare. It is something that one spends hours thinking and planning. In fact, in my case, I always have to consult my ancestors through the pouring of libation before them giving me the way forward. While lighting a jiko in most of the apartments in Nairobi, you have to consider the…

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Standard Chartered Kenya Limited Board of Directors has appointed Patrick Obath as the new Chairperson to the Board taking over from Anne Mutahi who has held the position since 2012. While announcing her stepping down during its 33rd Annual General Meeting, Mutahi thanked Clients, Board of Directors, Management and Staff for their support and dedicated contribution in driving the Bank’s agenda during her tenure. “I would like to officially announce that I will be stepping down from my position as Chair to the Board. My journey with Standard Chartered Bank started way back in February 2009. I have enjoyed serving this…

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Kenya’s banking sector is increasingly changing. With more than 42 financial institutions, serving a banking population of slightly above 10 million, Kenyans are in search of a lender that gives them the best. With the hard economic times that have left the pockets of many empty and yawning, Kenyans are looking for a lender who has quality services but friendly to their pockets in terms of charges. Different lenders in Kenya charge differently for their services, but according to Think Business, ABC Bank is the lowest in terms of charging their individual customers. The bank scooped the Bank with the…

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Africa’s future economic and social progress is under threat from alarmingly high levels of child hunger, a new study released at the eighth International Policy Conference on the African Child says. The report by African Child Policy Forum (ACPF) says while global child hunger is declining, in some parts of Africa, it is getting worse, with around 60 million African children stunted and millions more suffering from wasting. Hunger contributes to nearly half of all child deaths. “It is completely unacceptable that children are still going hungry in Africa in the 21st century,” ACPF executive director Dr. Assefa Bequele said.…

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The Kenya Association of Manufacturers has introduced the Customer Bora-Taka Banks Program in partnership with Dandora Hip Hop City aimed at facilitating sustainable collection of waste for recycling by establishing trial “taka bank” kiosks to serve as collection stations. Customer Bora –Taka Bank program is a collective initiative poised to strengthen proper waste management in Kenya by rewarding responsible consumers as well as connect manufacturing brands with their customers. The program will extend efforts being realized by the national the government in raising public awareness, especially young people, on proper disposal and recycling waste. Speaking at the launch on Wednesday,…

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