A recycling plant in Tanzania’s port city of Dar es Salaam has traded paper for plastic bottles and started making anti-coronavirus face shields that are being snatched up by hospitals and health centres nationwide. Until earlier this year, Zaidi Recyclers had a thriving business in processing waste paper which it...
In the past week, there have been different ongoing discussions on social media about the many negative things making our world a painful place to live in. There have been conversations about race, rape, tribalism, ethnocentrism, etc. People are looking to be seen, listened to and heard. People are...
The COVID-19 pandemic and its repercussions for Africa’s economic growth present an opportunity to re-examine the future and actions which will drive economic transformation. In its 2000 publication ‘Can Africa claim the 21st century?’, the World Bank predicated that of all the economic blocs, only the African continent may...
Kenya’s private sector activity inched up in May after falling sharply a month earlier because of restrictions to curb the spread of coronavirus, but conditions are expected to worsen in coming months, a survey showed on Thursday. The Markit Stanbic Bank Kenya Purchasing Managers’ Index (PMI) came in at 36.7,...
“Rather fail with honor than succeed by fraud”. Sophocles Last week, I looked at the resurgence of digital frauds which is emanating from the increased use of digital banking by customers. It is always a fact that not every customer can take advantage of this opportunity of contactless banking. This is...
Your conclusions may be varied after reading this article. I may have reinforced your belief in the prospects of your intended investment(s) or may have heightened your fears. Regardless, my intents are clear and simple – to provide practical signposts you cannot avoid in making that investment decision, big...
In between her shifts, Zimbabwean nurse Sinothando Mpofu used to go to Bulawayo’s open-air markets to buy tomatoes and cabbages for her family of nine - until the country’s coronavirus lockdown closed all stalls. Mpofu worried about where she would get fresh food, until she saw a message in her...
It is basic economics. A country, any country, needs a significant amount of income redistribution to maintain a robust economy. In the developed world, this guarantee of income redistribution occurs through taxation programmes which serve the overall benefit of society and economic growth; it creates a large consumer market/class...
The Executive Council of the Association of Rural Banks, Ghana, has registered its appreciation and commended all the rural banks which have so far supported government in the fight against spread of coronavirus. The total amount involved in this support is approximately GH¢400,000 - which went into the purchase of...
Mr. James Anti, Chief Executive Officer of Midas Insurance Brokers, has tasked licenced insurance brokers in the country with an urgent need to expand their role beyond facilitators of risk transfer to helping their clients keep pace with social, technological, environmental, economic and political development in order to ensure...