• Okolloh served as the Managing Director at philanthropic investment firm, Omidyar Network and Luminate Group in Africa. • Okolloh has also worked with Google as the Policy and Strategy Manager for Africa, tasked with persuading governments to adopt an open-internet policy. EABL appoints Ory Okolloh./COURTESY The East African Breweries Limited Board of directors has […]
Paul Bwiso Uganda Securities Exchange tells manufacturers recovering from COVID-19 pandemic stress Kampala, Uganda | JULIUS BUSINGE | As manufacturers weather the tough times caused by COVID-19 lockdown and related restrictions, executives at the Uganda Securities Exchange say, doors are open for raising capital to reboot business activities. Speaking on behalf of the USE Chief […]
The top 150 most valuable African brands from inaugural Brand Finance Africa 150 2020 ranking stand to lose up to US$60bn of cumulative brand value following devastating Covid-19 pandemic. As the Covid-19 pandemic wreaks havoc on the global economy, Africa’s top 150 most valuable brands could lose up to 12% of brand value cumulatively, a […]
Safaricom house. FILE As the COVID-19 pandemic wreaks havoc on the global economy, Africa’s top 150 most valuable brands could lose up to 12 per cent of brand value cumulatively, according to the latest Brand Finance Africa 150 2020 report. This is a drop of $60 billion compared to the original valuation date of January […]
If you patronised Quiver Lounge and Grill on Thika Road, Nairobi, before the Covid-19 pandemic, a lot has changed. The seating area has been expanded to ensure social distancing requirements by the government. In Hurlingham, Roadhouse Grill has been operating at 50 per cent capacity since the reopening of bars a week ago. "The President’s […]
The family of the late politician and businessman Lawrence Nginyo Kariuki are locked in a fight over the management and distribution of his estate valued at nearly Sh4 billion, marking the latest high-profile succession dispute in Kenya. Mr Kariuki died on February 24, 2020, leaving a vast estate, including real estate, farming, bank deposits and […]
Alcohol manufacturers and distributors have warned that the alcohol ban placed by the government to control the spread of coronavirus (COVID-19), will cost workers, sorghum farmers, and the government billions of shillings and thousands of jobs in three months to September. The ban which began in July has created a massive disruption of the alcohol […]
Integrating… After nearly a decade in the works, Uganda, Tanzania, and Rwanda are speeding up plans to merge their stock markets electronically in a bid to ease the cost and time difficulties of cross-border trading. When completed, local investors will be able to buy and sell stocks across those three countries without the currently existing […]
Income tax, value-added tax and sales levy cuts imposed to cushion workers, households and businesses against the Covid-19 pandemic have been extended beyond December even as bars are allowed to resume operations as part of phased re-opening of the economy. President Uhuru Kenyatta announced Monday workers would continue enjoying a maximum Pay As You Earn […]
Dr. James Mwangi, Equity Group CEO addresses shareholders at Equity Group’s 16th Annual General Meeting in Nairobi . [Wilberforce Okwiri] Forget reinventing the wheel. If you want to make money at the stock exchange, then follow these 12 savviest investors whose collective investment in the top 20 listed companies is valued at Sh25.6 billion. They […]
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