Small and medium sized businesses in Kenya represents 75 per cent of the country's workforce, constitute 98 percent of all businesses in Kenya and contribute 3 percent to the national purse.
Google has over the last few months been actively involved in different activities across the continent. The search giant has also been rolling out some new features and also working closely with different organizations to empower local communities.
There is a great demand in Africa for cross-border payments and a need to regulate the payment industry on the continent while at the same time opening it up to include non-banks.
Despite Africa’s impressive growth in past 25 years and its entry into the digital economy, the job market continues to be in a depressed state as youth unemployment continues to rise.
It is those companies that understand how to capture the moment of digital truth to transform the customer experience that will thrive.
We are fortunate to witness a period of monumental progress in Africa. The changes are visible across all sectors.
Paul Randall is the Executive Director of Creditinfo, a credit information and risk management solutions provider in Africa and other countries across the globe. ,
Ugandan businesses are becoming increasingly mindful of competition requirements and domestic antitrust laws when engaging in commercial transactions in other African jurisdictions.
Access to clean water is still a challenge in most of the sub-Saharan Africa countries. Due to the scarcity, the ones who are lucky enough to access it have to dig deeper into their pockets in order to enjoy this basic commodity.
Even as Kenya continues to seal loopholes of money laundering and illicit flows, details are emerging that the country is experiencing sophisticated forms of tax evasion.
Investment in new technology provides the tourism sector with opportunities for novelty, aimed at providing a platform for designing new and tangible tourism products.
The possibility of free trade within Africa is an ongoing one, to which several African countries have pledged their support and signed their agreements. Though Nigeria has shown caution in joining The Agreement, its one champion is Aliko Dangote, Nigerian industrialist and wealthiest African.
The startup ecosystem in Africa is growing really fast and had a remarkable and successful year in 2017. The sector has attracted the attention of prominent personalities including Mark Zuckerberg and even Bill Gates. This attention opened up inroads for greater access for the startups to scale and even receive investments.
Financial institutions around the globe are feeling the heat from the introduction of IFRS 9 impairment reporting. Credit Bureaus offer the most effective solution for compliance and harnessing the benefits of Credit Risk Scoring and PD estimation.
From mid this year the apparels sector in Kenya has been had hit by the cost of doing business, with major investors such as Long Yun Garments in Mombasa, shutting down and several others in different counties downsizing and reducing their operations.
October is already proving to be a great month for the South African business and economy, maybe even greater. With only a week into the month, three South Africans have been appointed for senior positions in the ICT, aviation and engineering sectors.
It’s about eleven years since mobile money started in Kenya. The technology has been seen as a disruptive innovation that threatens incumbent businesses as well as sparking new businesses and entrepreneurship and now, a new dawn is rising - that of mobile money transfer interoperability.
With Kenya having experienced proliferation of online news channels occasioned by an impressive penetration of the internet and a critical mass of consumers with an insatiable appetite for breaking news, truth and fact have been the latest casualties.
The automotive market in Africa is growing fast, with more than 3 million new vehicles being sold each year on the continent, and tens of millions of used and imported vehicles yearly.
Partnering with a provider that can oversee your organisation’s security operations takes a critical IT management issue off your plate, boosts your staff resources, and gives you access to specialised DDoS expertise.