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…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
Regional low-cost airline Jambojet has leased two new Bombardier Dash 8 Q400 aircraft from global aviation company Chorus Aviation Capital. The two aircrafts which will be purchased by Chorus Aviation Capital directly from the manufacturer under a Skyline arrangement for onward lease. The two will be joining the Jambojet fleet which currently comprises of five Bombardier Q-series leased by the regional low-cost airline between May 2017 and May 2018. “This agreement comes at a pivotal time in Jambojet’s journey as we expand our footprint into the East Africa region and increase our frequencies to meet the high demand of affordable…
Listed Kenyan oil marketer KenolKobil (NSE:KENO) has acquired the operations of Delta Petroleum in Uganda and Rwanda by way of sale. The oil marketing company Wednesday said the deal would see it get an additional 33 petrol stations, increasing its retail outlets in the region to 433. “Delta Uganda is a leading oil marketing company in Uganda and has agreed to sell 23 retail outlets spread across Uganda. Delta Rwanda is also in the oil marketing business and has a network comprising of 10 retail outlets spread across Rwanda, which are the subject of the sale,” said KenolKobil in a…
Beginning January 8, 2019, Free accounts will be limited to 1,000 photos and videos. Photo sharing site, Flickr, plans to delete millions of user images in line with their new policy to limit all free accounts to no more 1,000 images beginning 5 February 2019. Andrew Stadlen, Vice President of Flickr says this is aimed at refocusing the service around photography enthusiasts, reducing reliance on advertising, and making Flickr more sustainable. “Free accounts will soon be limited to 1,000 photos or videos. Flickr isn’t Flickr without the contributions and participation of our free members, and we remain committed to a…
Little Cab, a ride-hailing app has launched operations in Zambia, Kamal Budhabhatti Craft Silicon chief executive announced on Monday. The taxi-hailing service Little powered by Safaricom, also is in plans to expand into Tanzania. Kamal, “We expanded to Uganda few months back and we are creating an impact there. Today I am glad to share that we have started operations in Zambia. Tanzania is next on our line. Taking Kenyan heartbeat miles across, country by country.” “Little is not just a Hailing App. It’s a companion app. I can say this without a doubt that Little is the most preferred Hailing…
Kenya’s private sector growth rebounded in October, driven by a sharp increase in new business, according to the latest Purchasing Managers’ Index (PMI) data released by CfC Stanbic Bank and market research firm, IHS Markit. The Markit Stanbic Bank Kenya Purchasing Managers’ Index(PMI) for manufacturing and services rose to 54.0 from 52.7 the previous month. “The onset of the short rain season, which so far seems quite positive for the agrarian sector, could help GDP growth recover in the fourth quarter of 2018,” said Jibran Qureishi, the economist for East Africa at Stanbic Bank. “In particular, export demand grew rapidly,…