The Emerging Africa Infrastructure Fund (EAIF), which is part of the Private Infrastructure Development Group (PIDG) (www.PIDG.org), confirmed its leading position as a provider of debt funding to Africa’s alternative energy generation sector. EAIF has provided a US$35 million loan over a 15-year term to the 40MW Kesses solar generation facility to be built near Eldoret in the Rift...
Cassava Technologies (CassavaTechnologies.com) is proud to announce that it has appointed Tesh Durvasula as the new Chief Executive Officer of Africa Data Centres (ADC) effective 7 February 2022. He will be responsible for driving growth, innovation and strategy of Cassava Technologies’ data centres to meet Africa’s accelerating demand for data and digital infrastructure.
Durvasula is an experienced technology and real...
Many organizations in Kenya are yet to start implementing the Data Protection Act (DPA) of 2019. PwC Kenya's Head of Legal & Regulatory, Compliance Advisory, Mr Joseph Githaiga, says that most of them are still in the phase of getting an understanding of the DPA and assessing the implications for their operations. Others have already embarked on the process...
The Kenya Revenue Authority (KRA) and the Organization of Economic Cooperation and Development (OECD) have this week made significant progress on their joint efforts to address Tax Challenges Arising from the Digitalisation of the Economy.
Senior technical officials led by KRA Commissioner General Githii Mburu and the Director of the Centre for Tax Policy and Administration at the OECD, Mr...
Samsung Electronics has appointed Mr.Tae Sun Lee as the new Samsung Electronics East Africa Managing Director. He takes over from Mr. Seok Min Hong who has been at the helm of the company since September 2017. The appointment of Mr. Lee is, effective January 2022, he previously held the Strategic Director Integrated Mobility Division at Samsung Electronics South Africa.
Mr. Lee joined Samsung...
RUBiS Energy Kenya has launched its youthful, fun, vibrant and dependable convenience store brand, ‘enjoy’, that offers a world class shopping experience, with fully stocked stores at select RUBiS stations country wide.
Speaking at the launch event at RUBiS Ojijo station, RUBiS Energy Group Managing Director & CEO East Africa Mr. Jean-Christian Bergeron said the introduction of ’enjoy’ is part of RUBiS strategy...
RUBiS Energy Kenya has sponsored the GirlsRun marathon, an initiative supporting menstrual hygiene, in partnership with Women Development Centre (WODEC) and Kenya Community Sports Foundation (KESOFO).
This is in preparations of the GirlsRun Marathon that will be taking place in October this year.
The GirlsRun initiative seeks to support the Menstrual Hygiene Management (MHM) program run by the Women Development Centre...
Listed agri-business firm Kakuzi Plc has announced the appointment of renowned Jurist Justice (Rtd.) Violet Mavisi as the Independent Lead of the Company’s Operational Level Grievance Mechanism (OGM).
The naming of Ms Mavisi, a former presiding Judge of the Interim Independent Constitutional Dispute Resolution Court (ICDRC) as an Independent Head of the Kakuzi OGM, will provide impetus to the firm’s...
Brioche, the restaurant franchise of Rubis Energy Kenya, has awarded 2 lucky winners with a trip to Paris in the promotion dubbed ‘Taste Brioche and find yourself in Paris’.
The promotion that ran from the 6th of October – 31st of December 2021 required consumers to visit one of the Brioche outlets, purchase Brioche products of choice for no less than Kes 1,000,...
Professional services consulting firm, PwC, is encouraging taxpayers to be more aware of their rights. In their January Tax Alert, PwC says that “where legislation is not consistent with constitutional provisions, there is room to challenge laws that infringe on clearly identified constitutional rights.”
The alert cites a High Court judgment delivered on 16th December 2021, as part of a recent...
