Global Innovation Index – The Innovation and Startup Strategy- Poised for Doom or Fail?

On October 17, 2022, Mr Kabui Mwangi, an author wrote an article in the Business Daily titled, “Why six Kenyan promising tech start-ups fell in quick succession”. Of the companies he reviewed, it is apparent that start-ups don’t just fail, there could be a great

An overview of Global Digital Compact

There is Global Compact for private sector companies to report on their Corporate Social Responsibility programmes and achievements on Sustainable Development Goals. Then there is Global Digital Compact, an idea whose time has come.  An offshoot from ‘The Common Agenda,’ a 2021 report by the

Mitigating data breach costs

IBM’s Cost of a Data Breach Report 2022 offers IT, risk management and security leaders a lens into factors that can increase or help mitigate the rising cost of data breaches. It is a global report comprising data from 17 countries and regions, and 17

 FinTech in Africa Part 2: Current gains and forecast evolution in new countries

According to a McKinsey report, the African financial market which includes both fintech and formal banking was valued at $150 billion as of 2020. The evolution of the market is projected to be centered on 11 important countries that provide a favorable environment for fintechs

Digital transformation: Overview of a study on Kenya’s digital readiness

Kenya ranked 116th out of 193 countries in the UN E-Government Development Index 2020 and has been on a steady journey towards embodying full digital transformation.  In light of the advancements made by the Kenyan government, GIZ (Deutsche Gesellschaft für Internationale Zusammenarbeit), Estonian Centre for

Hope for digital stakeholders after launch of DCI forensic lab to combat cybercrimes

The war against cybercrime in Kenya went a notch higher following an initiative by the government to curb the surge in the vice.  During the launch of a new DCI national forensic laboratory in Nairobi on Monday, June 13, 2022, President Kenyatta singled out sim

Economic Survey 2022: A look at ICT sector performance during and after the pandemic

The Kenya National Bureau of Statistics (KNBS) recently released the Economic Survey 2022, detailing how various sectors and job markets performed and offered insight into the post Covid-19 recovery. Kenya’s economy rebounded in 2021 compared to 2020, with most sectors recording significant improvement. According to

What KRA needs to do before leveraging on digital intelligence to weed out tax evaders

The Kenya Revenue Authority (KRA) has announced the establishment of an advanced forensic laboratory that will provide the authority the capability to access financial data from taxpayers’ computers and mobile phones, in a bid to detect tax evasion and to reduce financial fraud.  The Kenyan

The journey towards developing nuclear energy in Kenya to power a digitised economy

Energy is vital for the economic progress of a country. It has a significant impact on all aspects of development, ranging from environment, social, economic, agriculture, population and livelihood. The COVID-19 pandemic also served to catalyse digitalisation of all aspects of economic activities. . Kenya’s

Future of work: Equipping the next generation with advanced IT skills

Kenya is poised to introduce coding for secondary and primary school students. This is after the Kenya Institute of Curriculum Development (KICD) approved a new syllabus that offers to equip children with coding skills. The rollout of the syllabus in Kenya will be a first

Details of the newly launched National Digital Master Plan expected to accelerate socio-economic growth

Information Communication Technologies are developing so quickly that there is a need to design a way to allow constant growth in the economic system and community. This is why the Cabinet Secretary for ICT, Innovation and Youth Affairs, Mr Joe Mucheru,  launched the Kenya National

Barriers to digital foreign trade in Kenya: A US perspective

The 2022 National Trade Estimate Report on Foreign Trade Barriers (NTE) is the 37th version in an annual series that highlights significant foreign barriers to US exports, US foreign direct investment, and US electronic commerce. The NTE Report identifies significant barriers, regardless of whether they

Road to film and broadcast content regulation: KCFB’s proposed co-regulation framework and issues raised

The Kenya Film Classification Board seeks to assess the regulatory framework of the broadcast and Over The Top (OTT) and Video on Demand (VOD) in the country with a view to implement a co-regulation framework in a bid to ease business as well as create

County E-Health Bill, 2021; Achievements and steps made towards digitalising Kenya’s healthcare system

As early as 2005, the World Health Organisation (WHO) recognized the potential of e-Health to strengthen health systems and improve quality, safety and access to healthcare. The WHO encouraged member states to take action to incorporate e-Health into health systems and services.  Kenya acknowledged the

Highlights of the Central Bank of Kenya (Amendment) Bill, 2020

In February, the Central Bank of Kenya (CBK) and the Treasury announced that they are preparing a law that will cover digital mobile lenders. It was during this period that the CBK Deputy Governor Sheila M’Mbijjewe shared that a suicide incident had been reported to