Author: Khusoko

Fanisi Capital has entered into an agreement to invest up to KSh400 million in Kitengela International School (KISC) with an initial Sh205 million investment. Fanisi Capital’s Co-Managing Partner and Chief Executive, Ayisi Makatiani, said the school fits into the firm’s investment portfolio with its ambitious growth strategy to triple student population from the current 1,000 and open two more schools over the next five years. “We are on a journey to build centers of academic excellence and expand their footprint,” said Makatiani during the organisation’s investor briefing. “We are in the final stages of fund-raising for Fanisi Capital Fund II,…

When you hear that a company has been “placed under administration,” it doesn’t mean the business is dead. It means the company is in financial distress—and someone has stepped in to try and save it. Let’s break it down. First, what is administration? Administration is a legal process that kicks in when a company is unable to pay its debts. Instead of shutting down immediately, the law allows the business to pause, reorganise, and possibly recover. A licensed expert, called an administrator, is appointed to take control. Their job? To figure out the best way forward. That could mean: Keeping the…

Qatar Airlines will commence direct flights between Doha and Mombasa in December 2018 making its’ second Kenyan destination, in addition to existing flights to Nairobi. Qatar Airways Group Chief Executive, Mr. Akbar Al Baker, said: “Qatar Airways sees Kenya as an important market for our passengers, so we are delighted to offer this new service to a second Kenyan destination. We are sure our new direct daily service to Mombasa will prove very popular with tourists interested in exploring Kenya’s beautiful tropical beaches and coastline, as well as immersing themselves in the city’s fascinating diverse cultural mix. “This second new…

University/college students’ Project reports that are prone to plagiarism. It is often said that if you want to hide anything in Kenya, put it in books because nobody bothers to dig out anything from books. Recent research revealed that Kenyans are average readers with more emphasis paid on newspapers. The reading culture in Kenya is below per making scholars blame it, as the reason why we have few individuals who have excelled in the field of literature and authorship of books to put the country on the international map as among them, renowned author Ngugi wa Thiong’o, Meja Mwangi, David Maillu,…

The Kaka Empire Foundation in partnership with Kim-Fay has launched a menstrual hygiene dubbed Bank on Me Sanitary Campaign. The objective of the campaign is to create a holistic approach to the issue of menstruation by raising 100,000 sanitary towels that will keep needy girls in schools targeting Machakos, Lamu, Thika, Turkana and Trans Nzoia. “This campaign is about recognizing the right of education for girls.  Ministry of Health research shows that 65 percent of girls in rural and slum areas engage in transactional sex because they cannot access sanitary towels,” said King Kaka while speaking about the initiative. The…

Bungoma County plans to transform its defunct Matulo airstrip into a comfortable new class A rating Bungoma-Matulo International Airport with an investment close to Ksh 2.5 billion with an efficient passenger and cargo hub. Shelter Solutions Ltd and International Partners & BIIP. the project owner says the project is estimated to take 25 years and once complete, it will  “Connect America continents, Asia and Europe direct and meet the growing needs of the market and creates favorable conditions for the long-term development of with other international aviation partners like Boeing, Airbus, Aeroflot, PJSC, Volga-Dnepr GC.” The main objective for the project…