Author: Khusoko

Kenya’s 3Q18 economy grew at its fastest pace in December, thanks to favourable weather conditions, coupled with a stable macroeconomic environment. Data from the Kenya National Bureau of Statistics (KNBS) in 3Q18 showed the country’s economy grew 6.3% between March and June. This was a 1.6% growth compared to 4.7%GDP growth recorded in 2017. During the first half of the year, the agriculture sector contributed KSh1.67 trillion to the economy, manufacturing KSh349.41 billion, transport and storage KSh323.54 billion, wholesale and retail trade accounted for KSh311.46 billion. “Accommodation and food service and Information and communication recorded the highest growths of 15.7%…

The arrest and attempted prosecution of Professor Tom Ojienda goes deeper than what people are discussing on the surface. The drama seems to be following a well-written script that has been unfolding from one episode to another. There is no doubt that the government is trying to ‘fight corruption’ through stern warnings from the President and some reactionary arrests from the DCI, DPP and the EACC, but in the case of Professor Ojienda, it is not corruption but succession. What many people have refused to see, or maybe they know but just do not want to think in that line,…

The festive season in Africa also marks the highest season in the tourism industry, as demand for getaway destinations in the continent surges. According to a Hospitality Report Africa – 2018/19, IATA’s most popular airline destinations in Africa in terms of traffic are South Africa, Egypt, Morocco, Algeria, Nigeria, Tunisia, Kenya, Ethiopia, Mauritius and Tanzania respectively. These being just among other African countries favorited by tourists not only during Christmas seasons but also throughout the year; for their exotic and relaxing nature. Magnificent sceneries, wild and untouched nature for remarkable safaris and inestimable coastlines, Africa is indeed a favorable tourism…

Cedric Todwell has been selected as one of the top 40 under 40. He is a social entrepreneur and Global Commercial Director of Sistema.Bio. Sistema.bio is a leading social enterprise operating in Latin America, India, and Africa that seeks to impact climate change, food security and poverty by deploying technology, training and financing to small farmers.  By the end of 2021, their goal is to have installed biodigesters for over 200,000 people in 15 countries where they lack access to clean, renewable and cost-effective energy. Under his stewardship, Sistema.bio has employed more than 100 individuals on permanent basis across the region,…

President Uhuru Kenyatta has appointed Safaricom Chief Executive Officer Bob Collymore and Kenya Commercial Bank (KCB) Group Joshua Oigara to the Vision 2030 Delivery Board. In a gazette notice President Kenyatta also appointed four others – Julianna Rotich, Rita Kavashe, Nick Nesbitt, Muchai Kunyiha – to the board alongside the two. The appointment of the six took effect on December 14, 2018, and will run for a period of three years.

This year, reports and news articles have been awash with stories of a dysfunctional EAC bloc stagnated and in near-crumbling state. While many countries and regional economic blocs in the world are continuously making efforts to remove barriers within their relative geographical areas, the EAC partner states seem to be heading in the opposite direction. This has hindered the movement of people and goods, which is an essential element for the economic prosperity in any country. The World Bank Group has stated that countries, which open themselves up to international trade, tend to grow faster, innovate more, improve productivity and…