Taxi-hailing firm, Uber, has unveiled a new tipping feature for its riders to do more than just rate drivers, but show their appreciation through tips for excellent service. Alon Lits, General Manager for Uber in Sub Saharan Africa said all tips from riders and eaters will go directly to drivers and Uber will not deduct any service fees from the tips. “Driving and delivering food is more than just getting people and food from point A to B. Every day, our driver-partners and delivery-partners do their best to make our riders and eaters lives easier – from getting them to…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Mauritius Union Assurance (MUA Ltd), an insurer that owns subsidiaries in East Africa, is adding its investment in Kenya’s insurance sector by increasing 36% on from its previous investment. Five years on from a Ksh2.2 billion investment, the insurer is injecting Ksh3 billion into the sector ‘the company’s single biggest investment in the country’. “This will mark another key milestone in our group’s commitment in this fast-growing region and is a sign of MUA’s confidence in the Kenyan economy and the greater East African region,” said Bertrand Casteres, Group CEO of MUA. Casteres says the firm that is listed in…
Uchumi Supermarkets has begun implementing the franchise as a viable means to growth given its strong brand value. The struggling retailer on Tuesday announced a five years deal with local traders to operate its Nairobi West branch. CEO Mohamed Mohamed said franchising is among its strategic moves towards recovery. “Franchising of this branch marks an important milestone for Uchumi Supermarkets. We plan to franchise other stores in addition to cost leadership initiatives,” said Mohamed in a statement. READ: Uchumi Supermarkets Board Approve Deal to Cut Debt by Voluntary Arrangement Last year, Mohamed said they can unlock their super brand value…
Kenya Airways will increase the capacity on its Kisumu and Mombasa routes by 5 and 6 flights respectively during the Easter holiday as a result of ‘the very high demand for travel’. The airline will upgrade a total of 6 flights to operate the Boeing 787 Dreamliner on the Nairobi-Mombasa route; 2 flights on Thursday 18th April, 1 flight on Good Friday, 1 flight on Easter Sunday and 2 flights on Easter Monday. Kenya Airways will also schedule an additional flight to Kisumu on Thursday 18th and Monday 22nd April operating the Q400 aircraft. This will increase the number of…
The Kenya Film Classification Board has banned viral song Takataka by upcoming rapper Alvindo. Ezekiel Mutua, the KFCB Board Chair said the song was not only degrading to women, but it could also be summed up as “trash”. “The KFCB has made a decision to restrict the song Takataka by Alvin aka Alvindo. The song produced by Fast Cash MusicKe is restricted due to its obscene and degrading lyrics that advocate for violence against women by equating them to trash,” a tweet from the KFCB boss said. https://twitter.com/EzekielMutua/status/1118087224443015168 Mutua further disclosed that the song had never been submitted to the…
Changes in the application process for foreigners wishing to work in Kenya to have a work permit approved and issued before they can travel to take up their assignment in the country has had a negative impact on the real estate sector. This change in the law “Triggered a new uptick in international departures, which by the first quarter of 2019 had resulted in significant falls in the sales prices and rents of top-end detached houses, which fell by 4.4% and 4% respectively in the first 12 weeks of the year,” said Sakina Hassanali, Head of Development, Consulting and Research…