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…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
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…
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…