Jua Kali is a commonly-used Swahili word that translates literally as “hot sun”. It is used to refer to the small, roadside businesses that sell everything from tires and laundry detergent to phone credit and oil changes. They include hawkers, small repair workshops, manufacturers and a host of entrepreneurial activities, including...
There has been a re-emergence of political noise that has brought to the fore protectionism rhetoric, exemplified by the UK’s referendum on EU membership and the presidential election victory of Donald Trump in the US. The twin events foregrounded a nascent populism that may gain further momentum in the forthcoming elections in Europe.
With small- and large-scale farming alike helping to drive growth, agriculture is big business in Kenya. The country shows immense potential for companies offering agricultural coverage. The sector contributes around 30% to GDP, and six out of 10 Kenyans depend on farming, livestock and fisheries, according to the World Bank. “The main...
Annual bond turnover surged by 42% in 2016 to reach KSh434.7bn ($4.2bn), up from KSh306.2bn ($3bn) in 2015. The highest trading level was recorded in the second quarter, at KSh144.2bn ($1.4bn), on the heels of significant government security redemptions and government borrowing over the period. The heightened activity coincided with the “...
In 2016 the Kenyan banking sector experienced varying degrees of structural and regulatory turbulence. Following the receivership of Imperial Bank and Dubai Bank in 2015, the year started off with the fall of Chase Bank, a mid-tier lender, following liquidity challenges as a result of a bank run. This led to credit tightening in the inter-bank market, with smaller banks locked...
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×