- Why financial inclusion in Tanzania remains a big challenge
- AfDB-backed MADE Alliance to digitize 100 million farmers in Africa
- Is illicit finance dimming the shine in Tanzania’s mining sector?
- Five hidden work habits sabotaging your career
- Tackling overfishing: Why EAC needs unified regulations to safeguard fisheries
- Tanzania ramps up gold reserves to counter depreciation
- Bank lending slows as Kenya faces highest loan defaults in 18 years
- Kenya-IMF talks over a $1.6 billion loan making ‘significant progress’
Opinion
- WHO’s move aims to galvanize a coordinated international response to contain and mitigate the spread of mpox.
- An uptick in cases, especially in Burundi, Kenya, Uganda, and Rwanda, along with sporadic cases in Europe, prompted the WHO’s emergency declaration.
- Despite these concerns, mpox is not likely to evolve into a pandemic akin to COVID-19.
Last week, the World Health Organization (WHO) declared mpox (formerly known as monkeypox) a Public Health Emergency of International Concern. This decision underscores the escalating threat posed by the virus, which surged globally in 2022 but has since seen a troubling resurgence, particularly in Africa. The WHO’s move aims to galvanize a coordinated international response to contain and mitigate the spread of mpox, a virus with significant public health implications.
Mpox, a member of the same viral family as smallpox, is a rare but severe infection. It manifests through symptoms akin to chickenpox, including fevers, swollen …
- Existing scientific research in Africa’s renewable energy transition often overlooks certain dispatchable technologies that could enhance grid flexibility.
- Studies primarily focus on zero-carbon dispatchable technologies like concentrated solar power and geothermal, despite their limitations in efficiency, reliability, and cost.
- Balancing engine power plants, which are globally recognized for their flexibility, reliability, and cost-effectiveness, are notably absent in these analyses, despite their potential to run on clean fuels in the future.
It is no longer disputed that solar and wind power will be the foundation of Africa’s future energy systems. They are perfectly suited to the continent’s unique conditions and are already the most cost-competitive power option in almost all cases. This consensus spans academia, businesses, and policymakers who all recognize the potential of renewable energy to meet Africa’s growing needs sustainably.
They also readily acknowledge the intermittent nature of renewables, and the associated need for flexible power capacity within the …
- Creating a “greater purpose” is essential to Onafriq’s corporate culture, driving its growth and unifying Africa’s digital payments.
- Onafriq’s digital payments network connects over 1,300 cross-border payment corridors and facilitates financial access for over 500 million mobile wallets and 200 million bank accounts in 40 markets in Africa.
- Overall, Onafriq empowers small businesses and women entrepreneurs by providing access to digital payment options, asset-based financing services, and additional income opportunities.
Being deliberate about creating a “greater purpose” is essential to building an authentic corporate culture, engaging stakeholders, and navigating the evolving landscape of corporate philanthropy. This is the philosophy behind Africa’s largest digital payments network, Onafriq’s, extensive growth and vision to unify the continent’s digital payments landscape according to its General Counsel and Chief Risk Officer Funmi Dele-Giwa.
Dele-Giwa recently shared insights into the organisation’s unique position at the intersection of social impact and commercial ambition at the Women in …
As the world grapples with the impact of the global recession caused by the Covid 19 pandemic, the impact of the Russia – Ukraine war, the effects of climate change, and other challenges, terrorists and violent extremists, including Da’esh, Al-Qaida, and their affiliates, continue to intensify their activities on the African continent aggravating an already difficult situation.
The response has been, by and large, heavy on the military. Still, countries are increasingly focusing on prevention with a particular focus on addressing the root causes, such as poverty reduction, strengthening institutional capacity to respond to the needs of their populations, and local reconciliation. One issue, in particular, has captured the attention of many experts working to address the root causes of radicalization, which is impunity. Indeed, the root cause of radicalization, cyclical violence, and the war was a culture of impunity.
Also Read: Peace and Politics: Can Congo achieve economic stability?
…The New Tanzania Investment Act 2022 has now become law replacing the Tanzania Investment Act Cap 38 RE 2015 and its amendments. While there was an expectation for major changes, the reality is that the new Act is more or less the same as the previous minus a few differences outlined below:
1. The Act is in the Kiswahili language and there is no translation of the same in English.
2. Removal of the automatic immigration quota of 5 work and residence permits for expatriates workers. While previously an investor registered at the TIC would be allowed up to 5 immigration permits and this was typically used for investors’ strategic employees, this incentive is removed which means there is no guarantee for the investor to obtain immigration permits for its strategic employees who will be treated like every other applicant.
3. Local Investors ie Tanzania nationals or companies
Insurance brokers in Kenya, as well as insurance agencies, can negotiate terms requiring insurance coverage under credit terms, as happens in the banking industry. The article seems to go all out to malign the insurance agents’ names by saying they are the ones owing the billions.
This gives the impression there could be a hidden motive in the penning of the article. The Kenyan insurance sector is highly regulated, and a working regulator should ensure that such cases are unheard of with licensed insurance agents in Kenya.
According to the Insurance Act Cap 487 Section 156 talks about insurance premiums and the manner in which they are supposed to be remitted to the insurer. Insurance brokers in Kenya are supposed to remit their premiums immediately after they receive the same from the client. Other intermediaries have a certain window within which they are supposed to remit the premiums and this …
One of the many lessons learned from the pandemic is that SMEs need to embrace digital transformation, not just to weather unplanned challenges but because it will help them be more competitive and stable. Digital enablement is not just a means of survival. It is a way for SMEs to conduct business more efficiently, which in turn can empower them to expand their operations and earnings further.
Being nimbler than their big business counterparts, SMEs can quickly rethink their marketing strategies and adopt new technologies to enhance their offerings faster. Digital innovation provides extraordinary opportunities for SMEs. It empowers them to implement new market models, has a greater line of sight across their business, improves traceability, and meet their customers, service providers, and logistics partners, in many instances, all on the same page.
In the digital trading space, solutions such as import/export platforms, automated cargo-tracking and digital reporting of non-tariff…
Reliable and affordable telecom services have never been more vital to our national economic and social resilience.
That is why, across Africa and throughout the globe, national leaders and policymakers are prioritising the preservation of satellite broadband access – and why South Africa needs to keep pace with the rest of the world on this critical issue.
The technical details are relatively simple: the most widely useful and applicable satellite services are provided using the Ka-band, also known more widely as the “28 GHz band”.
What kind of useful services?
- Reducing “digital deserts” by bringing broadband internet connectivity to unserved and underserved communities.
- Ensuring near-ubiquitous access and vastly improved quality across the most densely populated urban areas. Among other benefits, the 28 GHz band lets satellite operators deliver the capability to pinpoint configurations of access when demand is at its peak.
- Reducing constraints on access by delivering a wider range
Mapping “Adaptech”: introducing a multi-dimensional map of over 70 digital technologies for climate adaptation
Climate change adaptation has been a significantly underfunded area in low-income countries. At the United Nations Climate Summit in Copenhagen 2009, high-income countries made a pledge to provide US$100 billion per year to low-income countries to help them adapt to climate change and mitigate further rises in temperature. To date this amount of investment has not yet been reached in a single year. Among the investments that have been made, less than 30% have been applied to climate change adaptation with the majority of investments applied to climate change mitigation.
Climate change adaptation helps countries and their citizens to prevent catastrophic effects on lives and property from droughts, floods, cyclones, storms; sea-level rise, increased salination, as well as temperature fluctuations. Investments in climate change adaptation are not some theoretical forward-thinking issue, but can directly save lives …