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(Left to right) Monica Nyawira Kang’uru, Chamsou D. Andjorin (Director Government Affairs and Market Development, Boeing International Sub-Sahara Africa) and Aogah Winnie Achieng Still in their 20s, Aogah Winnie Achieng and Monica Nyawira Kang’uru , have already managed to work at international corporations’ and with the Kenya Civil Aviation Authority; they have also won an acclaimed competition for young innovators. So it’s no wonder the two Kenyan students caught the attention of Boeing Commercial Airplanes and were selected for its six month International Business Internship Program (IBIP) in Seattle, USA. Launched in 2012, IBIP gives valuable exposure to Boeing’s latest advances in business and technology, with hands-on experience of a variety of disciplines, including business operations, finance, marketing, and strategy in the aviation industry. J. Miguel Santos, Managing Director for Sub-Sahara Africa of Boeing International and Director of International Sales for Boe...

British Airways’ Ksh 0.5 trillion investment plan is delivering dividends for its African customers, with the airline increasing routes and capacity on the continent and introducing new onboard products and services. Most recently it started three flights a week from London Heathrow directly to Durban, South Africa’s largest port city, using one of its newest aircraft, the Boeing 787-8 Dreamliner.  The Durban services began just after it added four 787-8 flights a week between London and Johannesburg to complement the existing double-daily A380 schedule. It has also increased its daily Cape Town winter schedule to provide double-daily summer flights from Heathrow as well as offering three weekly flights between Gatwick and South Africa’s Mother City. “With 38 flights a week, this is the most choice and capacity we’ve ever offered between South Africa and the UK,” says Sue Petrie, British Airways’ trade commercial manager for Southern Africa. Other new routes in...

Investors will need to weather more volatility in order to capture opportunities in 2019, according to the Year Ahead report from UBS, the world's leading wealth manager. Global economic growth will decelerate next year to 3.6% from 3.8% in 2018, and company earnings will grow at a slower rate. However, a 2019 recession still looks unlikely, and the price of many financial assets has already moved to reflect uncertain prospects. UBS Global Wealth Management's Chief Investment Office (CIO) enters the year with an overweight position in global equities. However, as the market cycle matures, investors should diversify and hedge their portfolios to guard against volatility as well as political and other risks. They should also take advantage of growth in fields like sustainable and impact investing, and pockets of value where financial asset prices are excessively low. Mark Haefele, Chief Investment Officer at UBS Global Wealth Management, says: "Investors should re...

Most African countries are reported to have a positive economic outlook, apart from those with upcoming elections. This is according to ICAEW’s (the Institute of Chartered Accountants in England and Wales) latest report. In Economic Insight: Africa Q4 2018, launched today, the accountancy body provides GDP growth forecasts for various regions including East Africa which is forecast at 6.3%, West and Central Africa as 2.5%, Franc Zone at 4.6%, and Southern Africa at 1.2%. The report underscores political stability as a key economic driver for most African countries. The report, commissioned by ICAEW and produced by partner and forecaster Oxford Economics, provides a snapshot of the region’s economic performance. The regions include; East Africa, West and Central Africa, Franc Zone, Northern Africa, Southern Africa. According to the report, political tensions have had a significant impact on economic growth within the region. Figure 1 : Africa GDP growth by region, 2013-19 ...

From left: Job Wasonga, (Project Manager, CARE International),  Dorothy Nyong'o (First Lady of Kisumu County),  Dorcas Wasonga and Joyce Kariuki (P&G representative) Procter & Gamble (P&G) and Care International celebrated the provision of 71 million litres of clean water to Nyanza, as part of P&G’s Children’s Safe Drinking Water (CSDW) program, on 30 th November at the screening of their Transformation of Water documentary in Kisumu County. They invested over KES 300 million during the program. The program has so far touched 150,000 households in Migori and Siaya and has assisted the Kisumu County Government in flood areas and during cholera outbreaks. “According to water.org, 41%  of  Kenyans still rely on unimproved  water  sources, such as ponds, shallow wells and rivers . Stakeholders in private and public sector need to collaborate to improve this situation. Access to clean water would drastically reduce the number of diarr...