Author: Khusoko

International passenger traffic growth in Africa has improved by 6.0% measured in revenue passenger kilometers (RPKs) in September, down from 6.8% in August according to the latest data from the International Air Transport Association (IATA). Capacity rose 4.9% and load factor edged up 0.8 percentage point to 74.6%. “The healthy growth is taking place against an increasingly challenging economic backdrop for the region’s largest economies of South Africa and Nigeria,” said IATA in its September report. “While such growth was a slight deceleration from August, the bigger picture is that the upward SA demand trend remains strong, and annual RPK…

Kenya is one of the 12 African nations chosen by Spanish retailer Inditex SA (ITX.MC) that its flagship brand Zara will launch a new platform bringing its fashions to customers. Most of these new markets are in Africa and include Angola, Cameroon, Congo, Ivory Coast, Senegal, Kenya, Mali, Mozambique, Namibia, Tanzania, Madagascar, Zimbabwe and Ghana, among others. The online store is also making its début in numerous parts of the Caribbean and Asia. Chief Executive Pablo Isla said in a statement that all of Inditex’s brands “will be available online anywhere in the world by 2020.” Read: Spanish fashion house Mango…

Accessible via the USSD Code *727#, Telkom will charge subscribers KSh4 daily.

Bizna Kenya has unveiled 32 finalists for the Inaugural Young Entrepreneurs Awards (YEA Awards) 2018. “We are delighted to host this event and celebrate young entrepreneurs who are doing tremendous work to meet needs in the society,” said Bizna Kenya Founder and CEO Tonnie Mello. “Young people lead the way in many endeavours in life, especially in entrepreneurship and we are happy to cheer them on. With this initiative, things can only get better in Kenyan businesses.” The prestigious YEA Awards is designed to recognize, celebrate and encourage upcoming and industrious young entrepreneurs aged (18 – 35 years) to improve how…

The Institute of Certified Investment and Financial Analysts (ICIFA) has appointed Diana Muriu as its Chief Executive Officer (CEO). “My entry here marks a new chapter for ICIFA, one where we work with our members to uphold to the highest levels of professionalism, discipline, and ethics whether in private or in public practice,” said Ms Muriuki. Diana has over 10 years’ experience in the financial services industry having worked at Actuarial Services E.A. Limited where she recently served as a Senior Manager–Investments. “The appointment of CEO marks a milestone since inception as an organization by an act of parliament a…

GlaxoSmithKline Consumer Healthcare EA General Manager Debra Mallowah appointed Safaricom’s Chief of Business Development Officer. She will be in charge of strategy, innovation and regional expansion a position that was headed by Joseph Ogutu. Ogutu has been appointed Safaricom’s Chief Business Development Officer but in an interim capacity. “As a member of the Executive Committee and reporting directly to me, Debra will be responsible for preparing Safaricom for the future, harnessing new business opportunities and leading innovation,” said Bob Collymore Safaricom’s chief executive. Collymore said Mallowah will take over responsibility for Alpha, Safaricom’s innovation unit and will lead geographical expansion…