When I was still little, my elder sister joined the United States International University – Africa (USIU-Africa). As young and as naive as I was, I always thought my sister used to school abroad. She also capitalized on my innocence narrating how she always flew in from time to time from the United States just to say hello to us. As the years flew by, I made a discovery of my life. I should have been a scientist or a detective or a researcher of some sort. I unmasked my elder sister. I discovered that she was attending the United…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
The world’s first technology hub that will provide the space, resources, and networks to explore innovative technology solutions to conservation problems has been launched in Kenya’s Ol Pejeta Conservancy. It is hoped that the facility will help accelerate learning and embrace accessible, scalable conservation solutions. These solutions will improve biodiversity conservation and human well-being, locally and globally. Ol Pejeta Conservancy partners with conservation and technology organisations to kick-start a research and innovation centre for wildlife conservation The project is courtesy of Ol Pejeta Conservancy in partnership with Fauna & Flora International (FFI), Liquid Telecom and Arm, and supported with initial…
East African Portland Cement Company (EAPCC) has hired Stephen Kyalo Nthei as managing director in acting capacity, a role that will be a key part of the firm’s realization of its turnaround efforts in the medium term plan. The Head of Financial Management replaces Simon Peter ole Nkeri who has been sacked following a board meeting held on May 17, according to a memo sent to staff on Monday, the Business Daily reported. “The board resolved to release Simon Peter Nkeri for his duty as the managing director,” said the memo. Kyalo joined the cement maker on 1st April 2007.…
The Coca-Cola Company will maintain its majority stake in its African bottler Coca-Cola Beverages Africa for the foreseeable future. With the change, Coca-Cola will begin presenting the financial statements of CCBA within its results from continuing operations in the second quarter of 2019. Coca-Cola previously announced its intention to refranchise CCBA, which is the largest bottler of Coca-Cola beverages in Africa, serving 12 countries. The company has had discussions with a number of potential partners about the divestment of its controlling stake. Last year, the beverage giant reported a 10% decline in net revenues as it was hurt by the…
MultiChoice Africa has announced a partnership between its flagship initiative MultiChoice Talent Factory (MTF) and the New York Film Academy College of Visual & Performing Arts (NYFA), a world-renowned visual and performing arts school in supporting the development of young filmmakers across Africa. The MultiChoice Talent Factory’s mission is to ignite Africa’s already established creative industries through training and skills development, as well as foster new and original programming. The much-anticipated MTF masterclasses kicked off in January, supported by various industry partners and include a series of “best in class” workshops intended to increase MultiChoice Talent Factory’s purpose of upskilling…
Commercial Bank of Africa (CBA) on Tuesday held its fifth Economic Forum to take stock of the Affordable Housing pillar amid persistent structural challenges in the housing sector. The Forum was graced by the Principal Secretary, State Department of Housing and Urban Development Charles Hinga as the keynote speaker. Also in attendance was a panel of experts from public and private sector, who provided deep insights and understanding on various housing sector issues. The forum touched on development within the industry such as tenant purchase scheme (TPS), joint ventures, property purchase overseas, offshore funding for development, the housing bubble, and…