Yellow Pages Kenya

Magdalene Ougo

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Bidco looking for farmers to grow sunflower and soya beans

Business

East Africa’s leading cooking oil manufacture, Bidco is looking for contract farmers to grow and supply soya beans and sunflower. Bidco field officer in charge of small-scale farmers Kevin Nyangun says the company has a deficit of up to 50 per cent. This forces the company to “put the machines to sleep mode” when there is nothing to crash. Soya beans, sunflower and maize are the main raw materials in the manufacturing of liquid cooking oil. Lifestyle diseases like blood pressure are driving market craze for liquid cooking oil because it has minimal cholesterol. “The company signs an off-take contact with farmers. The contract is a commitment from the company that if they deliver the required quality, we have to pay them; pay is cash on delivery-no stories of ‘come tomorrow’,” he said. External sources The deficit is so bad that the company is importing between six and eight metric…

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Regulators clash over plan to censor Netflix online movies

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The Communications Authority of Kenya (CA) has differed with the Kenya Films and Classification Board (KFCB) over the handling of American online movie streaming service Netflix, which launched operations in Kenya last week. The CA Monday said Netflix will not be asked to apply for a local broadcasting licence, meaning the US firm is exempt from local broadcasting regulations that are part of the licensing conditions. The CA’s decision stood in stark contrast with KFCB’s position that Netflix must be regulated and subjected to Kenya film classifications before it is allowed to sell content locally. Francis Wangusi, the CA director- general, told the Business Daily that Netflix falls in the category of content providers that do not control transmission of their material – commonly referred to as over-the-top (OTT) — and are unlike cable companies that transmit own content over managed networks, making it impossible to license them locally or…

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Why businesses should pay attention to new commercial laws

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Kenya has undergone major legislative changes in the past 10 years. New laws geared towards making the country the region’s trading hub have been enacted and implementation is expected to begin in earnest. To spur growth in the commercial sector, for instance, laws touching on business vehicles available have been enacted or updated. The developments are meant to take away some of the barriers that have made the country less competitive globally. Kenya is currently transitioning from a regime of archaic commercial laws to one that takes cognisance of contemporary trends. More recently, Parliament enacted the Limited Liabilities Partnership Act in 2011 and the regulations governing the Act were released in 2014. In 2015, the Companies Act and the Business Registration Services Act came into effect. A glimpse at these three Acts shows that the reforms have essentially covered all the possible business vehicles that one can incorporate to trade…

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5 African Consumer Trends for 2016

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DIVASUMERS, FEMCENTRICITY, COMMON SENSE PRICING & BENEVOLENT BRIBERY: 5 AFRICAN CONSUMER TRENDS FOR 2016 Despite slowing growth brands remained strong and new business opportunities were exploited by those advantaged more than others due to the kind of information they had access to. In 2016, it will be imperative for B2C professionals operating in Africa to understand the direction of consumerism across multiple dimensions. The slump in commodities prices affected many countries in Africa this year but it was not enough to hold down African brands from competing globally and challenging the status quo of western domination in business. From South African manufacturers approached to produce clothing for the Royal Court of Sweden to Nigeria’s iRokotv’s Nollywood streaming deal with Netflix, a global leader in internet video streaming service, 2015 proved that the world is taking Africa seriously and 2016 will not be different. Here’s a summary of the report, contextualized by…

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