Author: Jack Oduor

Tiktok holds talks with content creators in Kenya on monetisation following the breach of a June 2024 offer to start making money via the platform. In December 2023, TikTok announced plans to launch a subscription model for content in Kenya in June 2024. According to the Reuters Institute Digital News Report 2023 survey, Kenya leads the world in TikTok usage. Kenyan content creators will wait a bit longer for direct monetisation of their content through TikTok, after the video-sharing platform breached an earlier offer to operationalise income-earning initiatives by June this year. In the latest development, the Chinese company revealed…

Globally, Norway, Finland, and Iceland were ranked the top three countries with close to zero fragility. A fragile state according to the research body is a country that possesses characteristics that substantially impair its economic and social performance. The Fragile States Index is designed to measure countries’ vulnerability and assess how it might affect projects in the field. Kenya has moved a step away from the risk of state collapse according to the latest Fragile States Index by the international research and educational institution Fund For Peace (FFP). The index, which is designed to measure countries’ vulnerability and assess how it…

Authorities in Kenya are planning to embrace zero-based budgeting starting 2025/26 financial year. The International Monetary Fund (IMF) believes that this kind of budgeting will help developing countries such as Kenya improve efficiency in their spending plan. Currently, Kenya is using traditional budgeting, where previous spending levels are typically adjusted.  President William Ruto has announced that Kenya will shift to zero-based budgeting starting in the 2025/26 financial year, marking a departure from the current incremental budgeting system. This change means that each new financial year’s budget will start from scratch, requiring all expenses and revenue lines to be justified afresh, rather…

Seychelles leads due to its high levels of personal freedom, human development, and a stable economic environment, offering a unique and attractive investment climate. Rand Merchant Banks’ report offers a comprehensive analysis of the top investment destinations in Africa in 2024. Mauritius, despite its smaller economic size and potential, stands out for its innovation, economic freedom, and high GDP per capita Morocco’s strong performance in connectedness, innovation, and economic stability positions it as a top investment destination. The small island economies of Seychelles and Mauritius have emerged as the most attractive investment destinations on the African continent, ranking first and…

Africa’s evolving telco sector faces challenges such as brand loyalty and infrastructure costs. Some of the most recognised brands in Africa are telcos MTN, and Safaricom PLC. Africa, and particularly the smaller emerging markets such as Rwanda and Ethiopia are home to a diverse customer base, new report notes. The African telecommunications market has seen significant consolidation over the past decade, characterised by mergers, acquisitions, and closures such as Telecel’s acquisition of MTN’s operations in Guinea-Bissau and Guinea Conakry; as well as its acquisition of Vodafone Ghana. According to Robert van Breukelen, CEO of Itemate Solutions, this comes as mobile…

rolex replica With Swiss reliable movements, 2024 replica rolex at low prices are worth having! Buy UK 1:1 super clone AAA Rolex watches at the best prices,All Fake Rolex watches use AAA ETA rolex Replica movement. Africa’s New Tripartite Free Trade Area The trade deal is set to eliminate tariffs on 100 per cent of goods, stimulating economic growth, industrialisation, and sustainable development. Regional officials believe that the TFTA could accelerate this trend by further stimulating intra-regional trade. Trade facilitators and experts in Africa have cautiously welcomed the recently signed Tripartite Free Trade Area (TFTA) that brings together three trading blocs in East and Southern Africa,…

replica Breitling Google for Startups Accelerator Africa this year placed a strong emphasis on AI technologies in addressing Africa’s most pressing challenges. This year’s cohort, featuring ten innovative startups from Kenya, Nigeria, Rwanda, and South Africa, was selected from nearly 1,000 applications. The ten startups will participate in a structured program to support their growth. Kenya and Nigeria top the list of the 10 startups from the continent that will form part of the eighth cohort of Google for Startups Accelerator Africa program. This year’s cohort, featuring ten innovative startups from Kenya, Nigeria, Rwanda, and South Africa, was selected from…

Slot Qris Chinese firm Chery invests $20 million in Kenya to tap the growing demand for electric mobility  He added that a $20-million investment is expected to create about 3,000 direct and indirect jobs in the country. Shan also revealed that Chery’s entry into the Kenyan market is a result of the cordial and long-standing relations between the two countries. Chinese vehicle firm Chery will invest $20.1 million (Sh2.62 billion) in Kenya to scale up the production of Electric Vehicles (EVs). The deal, signed on Saturday, was in partnership with Kenyan firm Afrigreen Automobile, that will see the construction of…

Socio-economic development has been constrained by widespread corruption and mismanagement in Kenya. The debt constraint will not just affect headline macroeconomic variables, but will also have an impact on the lives of Kenyans, a new report says. The variation in unemployment, inflation, and broader economic growth will also have a clear impact on poverty levels. Kenya’s potential for socio-economic development in the coming decade is no longer promising, a new report has revealed. The report titled ‘Kenya in 2040: Mapping Kenya’s Future’, which was jointly produced by Oxford Economics Africa and the Institute of Economic Affairs (IEA), a Kenyan think…

A majority of Kenyan workers are disengaged according to the 2024 edition of Gallup employees survey. The survey further shows that men are slightly more engaged than their female counterparts. More women (50 per cent) were stressed than men (47 per cent). The junior employees recorded higher stress levels than managers. A new study shows that for every five employed Kenyans, four lack the drive to go above and beyond in their roles at work. A recent global survey by Gallup says 80 per cent of Kenyan workers are “disengaged” meaning they only do the bare minimum and are only…