Female entrepreneurs do not make business decisions in a vacuum. Rather, their business decisions differ systematically from those of male entrepreneurs because they are constrained by factors in a way that men are not. World Bank’s Profiting from Parity- Unlocking the Potential of Women’s Businesses in Africa report presents nine underlying constraints and explores the evidence on why the factor matters and the extent to which it contributes to the gap in business performance. Contextual factors Legal discrimination: Female entrepreneurs cannot have equal economic opportunity if a country’s laws restrict a woman’s ability to own and run a business. Women…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
The managing director, Samuel Waweru and chairman, Dr. Steve Mainda of mortgage financier HF Group’s banking subsidiary, HFC Limited, have retired. The firm announced on Monday that Mainda has been replaced by Kaushik Manek. “The board of directors wishes to notify the public that Dr Steve Mainda retired as non-executive director and chairman of HFC Limited. Dr Mainda continues to sit as chairman of HF Group PLC, the non-operating holding Company,” said the announcement by HF.
The Chinese handset maker OPPO ‘s first 5G smartphone has passed 5G CE tests conducted by Sporton International Inc, a global inspection services authority. Kenya is currently, waiting for the 5G services to become available to consumers after the year 2020. Once the 5G technology is availed, it will be an exciting technology and communication breakthrough for the country and continent as the OPPO 5G product line will soon be introduced into the global market. “An integral step towards the commercial launch of its 5G smartphone in Europe, OPPO’s CE certification verifies that the 5G device is compliant with EU…
The Kenyan Shilling remained stable by 1.1% on Friday to close at Kshs 100.8, from Kshs 101.8 at the end of December 2018 against the US dollar on non-traditional flows from diaspora remittances in Q1’2019. However, it depreciated marginally by 0.05% against the dollar to close at Kshs 100.8, from Kshs 100.7 during the week ending March 28, due to end-month demand from the energy and manufacturing sector exceeding dollar inflows from remittances. A positive trend was witnessed with diaspora remittance growth of 31%. “Diaspora remittances remained resilient in February 2019, with inflows amounting to USD 199 million compared to…
General Electric has appointed Brenda Mbathi as the Chief Executive Officer for its East Africa GE Subsidiary. In her role, Brenda will play a pivotal role in steering the next phase of strategy and growth for General Electric in East African markets, excluding Ethiopia which shall continue to be led by Daniel Hailu, CEO, GE Ethiopia. Based in Nairobi, Brenda will lead the development of diverse programs with public and private sector projects and partnerships across East Africa. General Electric Africa President and CEO, Farid Fezoua, reiterated GE’s commitment to work together with governments, the private sector and Non-Governmental Organisations…
Food and beverage price rises helped push inflation higher in March to 4.35% year-on-year compared to February’s 4.14% the Kenya National Bureau of Statistics said on Friday. On a month-on-month basis, inflation was 1.60%. Between February and March, food and non-alcoholic drinks index increased by 3.30%. KNBS says the increase was mainly due to the prevailing drought conditions causing the costs of some foodstuffs to be higher than in February. “However, prices of some food items were lower in March 2019 compared to March 2018,” said KNBS. ***** Despite the uptick in overall consumer prices, we expect headline inflation to…