Technology

Kenya Remains Top Mobile Banking User across Africa

Kenya Remains Top Mobile Banking User across Africa

Business, Mobile, Technology
Sixty-eight percent of Kenyan adults use a mobile phone to transact money, making them the biggest users of mobile banking in sub-Saharan Africa according to a World Bank report #Kenya is the highest user of mobile phones for money transactions in the Sub Saharan #Africa region. pic.twitter.com/bNM8kyE9gB— World Bank Africa (@WorldBankAfrica) January 8, 2019 Kenya is followed by Sudan with 52%, Gabon at 50%, and the DRC with 37% of adults using mobile phones to send money.Mobile money services and mobile banking have grown significantly in sub-Saharan Africa with the World Bank saying mobile banking has expanded to 16% of the market. M-Pesa's success in Kenya has played a huge role in growing financial access in the country. Forbes reported that Kenya has more than 23-mil
Amazon is angling to destroy the last bastion of brick-and-mortar shopping

Amazon is angling to destroy the last bastion of brick-and-mortar shopping

Business, Mobile, Technology, Women
Amazon recently unveiled a debut collection of makeup products under its private label “find,” which also sells apparel basics. Available only from Amazon’s UK site for now, the products—for the eyes, brows, face, lips, and nails—are sold in “bundles” rather than individually. All are Prime eligible and priced under $20, comparable to drugstore offerings. Historically, an announcement from Amazon that it’s expanding into a new market has caused fear and anxiety: In 2017, grocery chains lost nearly $12 billion in market capitalization in a single day after Amazon said it would lower prices at Whole Foods. Last year, Amazon shared its vision for an independent healthcare service, causing the market value of the 10 largest listed health-insurance and pharmacy
National Cybersecurity Centre warns of spike in cybersecurity threats

National Cybersecurity Centre warns of spike in cybersecurity threats

Business, Cyber Security, Technology
The National Cybersecurity Centre (NCC) detected over 3.8 million cyber threats in the first quarter of 2018-2019, indicating that Kenyans continue to be at a high risk of online attacks. According to a new report by the Communications Authority of Kenya (CA), the threats represented an increase of 11.76 per cent from the last quarter of the year where 3.4 million threats were detected. CA attributed the increased threats to enhanced cyber threat detection capabilities through deployment of additional sensors and increased resources towards cyber threat analysis “The cyber threats detected varied from denial-of-service (DoS) including botnet and brute-force attacks that led to denial of computer services and illegal access to computer systems; online impersonation
Lack of technology could paralyse your business

Lack of technology could paralyse your business

Business, Technology
According to the Connected Worker survey carried out by Deloitte, 44% of workers cite issues with technology as a critical reason they waste 10 minutes in every hour, with over 80% stating they use their own personal digital technologies to compensate. "Our research has found that the majority of workers are both willing and able to use more technology at work," explains James Yearsley, lead services partner at Deloitte. "While employees are using personal devices to increase their productivity at work, they only gain the benefits if their employer links the devices to the company systems." There is little doubt that technology can have a transformative impact on a business. Fast and efficient access to information is vital. Communications can be revolutionised with th...
Tech Trends for Small Businesses to Watch in 2019

Tech Trends for Small Businesses to Watch in 2019

Business, Startups, Technology
Nearly everyone would agree that 2018 was a far-from-boring year, and that applies to small and medium-sized business IT as well. Raymond Boggs, vice president of small and medium business research at IDC, notes that it was a surprising year in terms of cloud adoption for SMBs, particularly on two points. First, while cloud adoption is taking off with SMBs — a recent survey of SMBs from CDW found that 73 percent of respondents were using cloud in some capacity — there is still some hesitation among very small businesses. “The smallest of the small businesses, those with five to nine employees, are still slow when it comes to cloud adoption, which is curious because many of the issues around security and other concerns have been largely resolved. That was quite a surprise,”