Del Monte Kenya reaches amicable settlement with Competition Watchdog

Del Monte is contributing to achieving the Big Four Agenda, with its local cultivation, agro-processing, and value addition supporting manufacturing and food security in the country. Food processor Del Monte Kenya has reached an amicable settlement with Competition Authority of Kenya (CAK), after voluntarily amending a missing wording on the packaging of one of its products. The Thika based company in a statement, said that it had amended the wording on its packaging long before the Competition watchdog initiated their investigation, and this position was acknowledged by both parties leading…

Irene Koki Mutungi: The First female African Dreamliner captain in the world

Captain Koki’s pioneering journey to the top of aviation began at a young age. Her father was a pilot and Mutungi dreamed of following in his footsteps, “I was flying with my dad probably from about two-years-old and by the time I was five or six I would talk about ‘I want to be a pilot’, but nobody took me seriously.” This passion stayed with her throughout her childhood and when it came to choosing a career, Mutungi still wanted to fly. However, her dad was not always convinced it…

Davos was different this year

Richard Quest, Anchor, CNN It is fashionable to leave Davos and reflect, ‘was it worth the trek?’ This year I think it most certainly was. I noticed some big differences. Firstly, there are no urgent economic crises, waiting to be managed.  Economies are growing (slowly). Unemployment is low. Inflation is way below targets, and central banks have been systemically lowering interest rates (49 central banks have made 71 cuts in rates). The economic issues are technical and nuanced, such as the effect of negative rates increasing the risks in the…