In Kenya, the current retirement age stands at 60 years but unfortunately most people in the informal sector get to that age without a retirement package. Kenya’s informal sector represents an important part of the economy while playing a major role in employment creation, production and income generation. TheKenya National Bureau of Statistics (KNBS) Economic Survey…
Category: Manufacturing
120 young people get Plan International, Hyundai’s 3-year automotive engineering sponsorship
Plan International, Hyundai Motor – Korea and Salvador Caetano-Kenya have partnered to sponsor 120 young people from disadvantaged backgrounds to pursue a three-year advanced automotive engineering course at Hyundai Dream Centre situated in the National Industrial Training Authority (NITA), Athi River. The automotive training and educational facility seeks to encourage more women and girls to…
Coca-Cola Beverages Africa and Genpact partner to transform operations to drive competitive growth
Coca-Cola Beverages Africa (CCBA), the eighth largest Coca-Cola bottling partner worldwide by revenue and the biggest on the African continent, and Genpact (NYSE: G), a global professional services firm focused on delivering digital transformation, today announced they are partnering to accelerate CCBA’s competitive growth. The partnership is aimed at streamlining CCBA’s operations, leveraging Genpact’s deep process expertise, combined…
Inclusive energy mix vital for Africa’s economic prosperity
Rosatom Central and Southern Africa took part in an exclusive webinar on the topic “Energy Transition in an Hydrocarbon Dependent African Economy” held on Tuesday. The webinar was the part of Energy Leader’s Dialogue series on Energy Transition where high-level panel shared their experience on the challenges to sustainable growth of the LPG, Solar and…
Flora™ Debuts in U.S. with New Flora Plant Butter
Upfield, the world’s leading producer of plant-based spreads and plant butters, has introduced its newest plant butter brand, Flora™, with the launch of Flora Plant Butter in the United States. Flora Plant Butter is a vegan, dairy free, gluten free, and non-GMO plant butter with a rich and creamy taste and which consumers can use 1:1 in baking and cooking…
Unilever evolves skin care portfolio to embrace a more inclusive vision of beauty
Unilever has announced the next step in the evolution of its skin care portfolio to a more inclusive vision of beauty – which includes the removal of the words ‘fair/fairness’, ‘white/whitening’, and ‘light/lightening’ from its products’ packs and communication. As part of this decision, the Fair & Lovely brand name will be changed in the…
Cisco radically simplifies security for today’s accelerated IT agenda
Cisco (NASDAQ: CSCO), the leader in enterprise security, today announces the general availability globally of Cisco SecureX, the broadest and most integrated cloud-native security platform, included with all Cisco Security products to simplify and enhance the way customers manage security, on June 30, 2020. SecureX comes as organizations juggle to manage business and security challenges…
Anti-Counterfeit Authority report shows Kenya loses revenue of over 100 billion to illicit trade
The Anti-Counterfeit Authority has released findings of the National Baseline Survey on the extent of counterfeit and other forms of illicit trade in Kenya. According to the study conducted between October 2019 and February 2020, the Government revenue lost in 2018 stood at Kes 102.99 billion up from Kes 101.23 billion in 2017. From the…
Total joins the “Getting to Zero Coalition” to contribute to shipping industry’s decarbonization
Total has joined the Getting to Zero Coalition to support the maritime industry’s decarbonisation by collaborating with companies across the maritime, energy, infrastructure and finance sectors. The Getting to Zero Coalition’s ambition is to help achieve the target set by the International Maritime Organisation to reduce Greenhouse Gases emissions from shipping by at least 50%…
P&G and Cargill collaborate to bring nature-powered innovation
An innovation developed in the corporate R&D labs at P&G that converts lactic acid into bio-based acrylic acid could be a helpful step to shift everyday goods to be made from annually renewable crops. P&G has granted Cargill an exclusive license that allows Cargill to further develop and commercialize this technology, so that it can…
Sanofi and GSK to join forces in unprecedented vaccine collaboration to fight COVID-19
Sanofi and GSK today announce that they have signed a letter of intent to develop an adjuvanted vaccine for COVID-19, using innovative technology from both companies, to help address the ongoing pandemic. Sanofi will contribute its S-protein COVID-19 antigen, which is based on recombinant DNA technology. This technology has produced an exact genetic match to…
Anti-Counterfeit Authority marks the World Intellectual Property Day 2020
The Anti-Counterfeit Authority (ACA) yesterday joined the global intellectual property rights community in commemoration the World Intellectual Property day). The Celebrations this year marks the 20th anniversary since its inauguration and is aimed at increasing people’s awareness and understanding of intellectual property (IP). The day brings together international IP organizations to raise awareness of intellectual property rights protection, through training…
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