The race for the Law Society of Kenya’s (LSK) male representative to the Judicial Service Commission (JSC) has narrowed down to two contestants after one participant dropped out of the race. Alex Gatundu, who has been widely described as a decoy and not ‘so serious’ for the position is said to have ‘stepped down’ in favor of Macharia Njeru. This makes it a two-horse race between Professor Tom Ojienda and Macharia Njeru. Professor Tom Ojienda According to legal analysts, of the two remaining contestants, Professor Tom Ojienda seems to have an upper hand given his experience on the corridors of…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Fuel prices in Kenya continue to drop attributed to lower crude costs in December according to the Energy Regulatory Commission (ERC) who revised down the cost per litre of petrol and diesel by Ksh 9.33, and KSh10.04 respectively. “The changes in this month’s prices have been as a consequence of the average landed cost of imported super petrol decreasing by 14.87% from $694.18 per ton in November 2018 to $590.92 per ton in December,” ERC Director General Pavel Oimeke said in a statement. This was attributed to the 12.50% m/m decline in the selling price of Abu Dhabi National Oil…
Taxi-hailing firm, Uber, has unveiled its specialised service, UberASSIST, in Nairobi providing additional assistance for riders with special needs. According to Uber, driver-partners are specifically trained to assist riders when getting into a vehicle and can accommodate folding wheelchairs and walkers. Nairobi is the third city in Africa where UberASSIST has been introduced, following the launch of the service in Johannesburg and Cape Town in August 2017. Read: Cairo becomes first city in the world to roll out Uber Bus “Everyone deserves an opportunity to travel freely within their own city, and with UberASSIST, we are able to provide reliable transportation…
Citi Hoppa has introduced new buses dubbed ‘Citi Hoppa Next’ for Nairobi city commuters who use Mombasa Road, Langata Road and Ngong Road. The company stated that it was their endeavor to provide customers with comfort and reliability ‘which are the hallmark of the green and yellow buses that weave through our city’. “With the well-trained drivers, conductors and ground customer services, Citi Hoppa Next hopes to encourage the small vehicle owner to leave their car behind for this convenient, reliable and available service,” the company stated. “Main purpose of unveiling the buses is to continue serving Kenyans who are…
KenolKobil Group has announced the opening of a take over offer to all shareholders by Rubis Energie on Friday. The cash offer has also been approved by the Competition Authority of Kenya and the COMESA Competition Commission. The Board of Directors of KenolKobil Plc, after receiving an independent financial advisor’s report on the cash offer, has considered the offer and has recommended that the shareholders of KenolKobil Plc accept the offer. James Mathenge, Group Chairman says “The offer opened on 20th December 2018 and will close at 5pm on 18th February 2019.” Rubis Énergie SAS considers that KenolKobil Plc’s shareholders…
Kenyan citizens can travel visa-free and obtain a visa on arrival to 71 countries without visas out of a possible 218 according to the 2019 Henley & Partners Visa Restrictions Index. In Africa, Kenya is ranked 8th behind Seychelles, South Africa, Mauritius, Botswana, Namibia, Lesotho and Swaziland. In East Africa, it leads its peers where Tanzania is ranked 73rd with free access to 68 countries; South Sudan 97th with 41 visa-free destinations; Rwanda 84th with free access to 54 destinations. Burundi was 92nd with free access to 46 countries. “As the world economy has become increasingly globalised, the need for…