Tag Archives: Kenya
by Dr. Rafiq Raji
Two tight opinion polls on the frontrunners of the 2017 Kenyan presidential election, just weeks prior to the 8 August vote, made it clear how potentially contentious the outcome could be. For the first time since campaigns began, one poll had the leading opposition candidate, Raila Odinga of the National Super Alliance (NASA), ahead of incumbent president, Uhuru Kenyatta of the Jubilee Party. The Infotrak Harris opinion poll conducted on 16-22 July put Mr Odinga ahead of Mr Kenyatta by one point, with the former rising in popularity to 47 percent, a 3-point gain from about 2 weeks before. Mr Odinga’s improved chances stemmed from holding on to his key support base, as well as securing new supporters from what used to be the Rift Valley and North Eastern provinces (now a couple of counties), strongholds of the ruling Jubilee Party. Another poll, that by Ipsos, taken on 2-12 July, put both leading contenders at a tie at 45 percent. The Ipsos survey was probably behind the curve considering its earlier date. Judging from how the media initially under-reported Mr Odinga’s gains, the establishment was clearly shocked.
Compelling Mozilla-backed research (www.Mozilla.org), carried out by Research ICT Africa, finds that significant barriers to internet access remains in four African countries – Rwanda, Kenya, Nigeria and South Africa. The research aims to understand, from a comparative perspective, how the citizens use the internet when data is subsidised and when it is not.
Economic growth of 6 per cent annually makes Kenya the beating heart of the East African construction powerhouse, according to the “East Africa’s Building Boom” industry report – commissioned by The Big 5 Construct East Africa.
South Africa’s hospitality sector is poised for further growth in the next five years bolstered by inbound travelers amid a difficult and volatile economic climate.
The deal will see SSP Pure Insurance deployed as a single flexible, end-to-end core insurance solution across Resolution Insurance’s operations in Kenya and Tanzania, with local account management support from the Kenyan office
A new case study (http://APO.af/v5Wxdm) by the United Nations-based Better Than Cash Alliance (www.BetterThanCash.org) shows how agriculture nonprofit organizationOne Acre Fund (www.OneAcreFund.org), in partnership with Citi Inclusive Finance(www.CitiInclusiveFinance.com), successfully digitized loan repayments for farmers in Kenya. This move significantly boosted transparency and efficiency, driving economic opportunity and financial inclusion for thousands of smallholder farmers and their families.
Technological advancement is growing rapidly globally. In Africa, there is a continuous rise in digital spending and development. In West Africa, Nigeria and Ghana are clear examples of how individuals and cooperate agencies are using tech to solve problem. However, there is also a growing lack of efficient digital advertisement. As the population of mobile phone users grow across the continent, there is no such growth of digital advertisement. Majority of advertisement is till channeled through traditional media. In Ghana, the majority of Small and Medium Enterprises are more interested in traditional media as a mode of advertisement though they do not have the financial means to advertise on the platforms of their choice. Tech gurus with solutions to digital marketing are resorting to private clients to sell their services to them. This has contributed largely to the inefficiency of digital advertisement in Africa – there is a lack of institution to sell the services.
A pioneering East African audit and professional services firm is adding value to its services by automating processes and harnessing the cloud.
Africa presents a mixed foreign direct investment (FDI) picture – EY Africa Attractiveness report. Egypt, Kenya, Morocco, Nigeria and South Africa (the key hub economies) collectively attracted 58% of the continent’s total FDI projects in 2016. Investment from the Asia-Pacific region into Africa hit an all-time high in 2016. According to EY’s (http://EY.com) latest Africa Attractiveness report, heightened geopolitical uncertainty and “multispeed” growth across Africa present a mixed FDI picture for the continent.
Kenya’s economy has continued to perform well, with real GDP growth reaching 5.9 percent in the first three quarters of 2016, up from 5.6 percent in 2015
As M-PESA turns 10, data shows 93% of WorldRemit’s money transfers to Kenya go to mobile money accounts
Forecast urges aviation sector stakeholders to open up the skies.
The KCB Foundation has launched a long-term project to grow livestock fodder using hydroponic technology in Kenya’s arid and semi-arid counties in a bid to drive up agricultural production in the regions.
Kenya has recorded steady growth in the Meetings, Conference, and Incentives industry, per a recent report by the Kenya Tourism Board (KTB). In 2016 alone, the MICE industry accounted for 13% of total international tourism arrivals; mostly consisting of business travellers. In 2015, the sector welcomed 117,630 tourists, recording a remarkable 14% increase on 2014 and marking a total contribution of 15.6%, of the total international arrivals for the year.