Author: Khusoko

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

Linda Ndungu has been named the Country Manager for Bolt ride-hailing in Kenya, effective 1st October 2022. Kenneth Micah, Regional Manager for ride-hailing, Eastern Africa, termed Linda as a passionate and experienced professional with an innovative and progressive approach to problem-solving and fostering partnerships. “Linda brings to the company great expertise and understanding in developing, managing, and growing SMEs as well as large-scale enterprises within the East African market and beyond,” Micah said. “We are confident that she will infuse this expertise to ensure that we continue offering affordable, quality and safe services to all our business partners.” Prior to…

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Kenya has lifted the ban on Genetically Modified Crops, saying open cultivation and importation of White (GMO) Maize is now authorized. In November 2012, it prohibited the open cultivation of GMO crops and importing food crops and animal feed produced through biotechnology innovations. “In accordance with the recommendation of the Task Force to Review Matters Relating to Genetically Modified Foods and Food Safety, and in fidelity with the guidelines of the National Biosafety Authority on all applicable international treaties, including the Cartagena Protocol on Biosafety (CPB), Cabinet vacated its earlier decision of November 8, 2012, prohibiting the open cultivation of…

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President William Ruto has nominated Njuguna Ndung’u to head Kenya’s National Treasury. A Central Bank of Kenya governor for eight years between 2007 and 2015, Ndung’u is also an accomplished researcher and a University of Nairobi academic. He has extensive expertise in macroeconomics (inflation, economic growth, national income and unemployment) and poverty reduction. If parliament approves his nomination, Ndung’u will lead the treasury in difficult circumstances. The country is just emerging from divisive electoral campaigns. It also faces economic challenges. The government is spending more than it gets in revenue, inflation is rising and the value of the shilling is…

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Sergio Perez won the 17th round of the 2022 Formula 1 World Championship, the Singapore Grand Prix on Sunday. “It was certainly my best performance,” Perez said. “I controlled the race. The last three laps were so intense. When I got out of the car, I felt it. I gave everything today.” Consequently, Max Verstappen missed his first chance to bag the F1 world championship. https://twitter.com/F1/status/1576594161741938688?s=20&t=lr_2-Dicn-W8ja1Ck4ulHA SuperSport is definitely your #HomeOfSport and the ultimate destination for motorsport fans. https://khusoko.com/2022/10/02/london-marathon-2022-kenyas-kipruto-and-ethiopias-yehualaw-triumph/

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