To accelerate 5G in Africa, regulatory frameworks governing critical wireless backhaul spectrum E-band (70-80 GHz) needs to be put on the agenda swiftly. This is the call made by ICT experts at the 6th Annual Sub Sahara Spectrum Management Conference that took place using a virtual format from the 20th to 22nd July 2021. For data to move from one point to another on the internet, there needs to be a medium that allows these points to interface with each other. Wireless backhaul is the use of wireless communication, such as microwave, to transport data between the wireless site and core. It’s…
Author: Khusoko
Khusoko
Khusoko provides market insights into Africa's business investment as well as global trends that impact East African businesses.
What makes a brand stand out and outlive others is trust. Trust is everything. It is the invisible currency and the engine of the business. They say people don’t buy products or services; they buy trust. It is trust in the business that makes them come back. LG Electronics is one of the few tech giants around the world that has managed to anchor its services on trust through its products and services that make customers always want to be associated with them. The brand has managed to invest in people. To show its commitment to always put the customer…
The parliamentary committee on Finance and National Planning has given the Central Bank of Kenya (CBK) powers to control and price the lending rates for mobile loan apps under a new proposed bill. The Central Bank Amendment Bill 2021 includes a clause that gives the regulator a mandate of controlling digital lenders’ products, management, and sharing of borrower information. The move is welcome particularly now that mobile loan apps feature steep lending rates that have sent many borrowers into debt traps and predatory lending. Initially, the bill was silent on the high lending rates subjected to borrowers by the digital…
Mauritius Union Assurance has consolidated the general insurance businesses of its subsidiaries Saham Assurance Kenya and MUA Insurance (Kenya). The new entity will operate under the MUA brand. “As one MUA Team, we are eager to capitalise on the existing momentum,” said Lydia Kibaara-Nzioki, former Saham Kenya Chief Executive Officer set to take over the management of MUA Kenya adding that “We aim to grow our business while remaining true to our core commitment of providing simple and affordable insurance.” MUA acquired Saham Kenya in 2020 as part of its expansion strategy in East Africa. The Kenyan subsidiary seeks to…
Technology has been at the heart of financial inclusion in Africa and today we’re seeing how technology trends are evolving much faster than imagined.
The Championship resumes for the 10th round of the 2021 MotoGP World Championship, the Styrian Grand, live from the Red Bull Ring in Spielberg, Austria The previous round in the Netherlands in June saw Riders’ Championship leader Fabio Quartararo of Monster Energy Yahama claiming his fourth win of the season to open a 34-point lead, with Pramac Ducati’s Johann Zarco now his nearest chaser. Yamaha struggled at the Red Bull Ring last year, but Quartararo believes they will be stronger this time around and emphasised that the different teams have produced machines that are so evenly matched across different circuits.…