According to the World Bank (2021), Kenya is one of sub-Saharan Africa’s fastest developing economies. The Kenyan economy’s success has been bolstered by a stable macroeconomic environment, high investor confidence, and a resilient services sector. Furthermore, the country is proud of its market-based economy and
The rise of TikTok, a popular video-sharing app, has been met with controversy over data security concerns and information autocracy risk. Several governments around the world, including the United States, the EU, Canada, and others, have imposed partial or total bans on TikTok due to
The Metaverse can best be described as an evolution of today’s internet and as something we are deeply immersed in, rather than something we primarily look at. It represents a convergence of digital technology to combine and extend the reach and use of cryptocurrency, artificial
Deepfakes refer to a form of Artificial Intelligence that is programmed to replace one person’s likeness with another in recorded video. The term “deepfake” comes from the technology called “deep learning,” which is a form of AI. Deep learning algorithms, which teach themselves how to
SpaceX is aggressively growing Starlink internet satellite coverage throughout the globe. It provides a worldwide broadband network leveraging a low-earth orbit constellation to give high-speed broadband internet with the ability to enter remote and geographically isolated zones where internet access is difficult to achieve. It
The government’s aim to transition at least 90% of government services online seems closer than ever. 5,000 services are set to be digitised within the next six months. To this end, 300 services have been digitised. Although it will be difficult to digitise 5,000 services
With the collapse of Futures Exchange (FTX), a global cryptocurrency exchange where big firms and individuals had invested a lot of money in, questions have arisen about the safety of investing in the currency. Over four million Kenyans are said to own cryptocurrencies, ranking Kenya
On Tuesday, December 13 Wajir Governor Ahmed Abdullahi Jiir was compelled to give an explanation on how he won the hotly contested August 9 polls. On Wednesday, December 14 President William Ruto said that his administration will partner with Google in the digitisation of government
Kenya ranks among the top digital and tech economies in Africa. This is as a result of its advancement in the development of large-scale ICT infrastructure, broadband connectivity, and other digital services. Often referred to as Africa’s Silicon Savannah, Kenya is the regional ICT hub
Digital literacy has been the new normal with a bunch of companies and enterprises opening avenues to ensure that their clients and users of their products and services, explore and gain more information about their products and services with ease. This has seen some companies
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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