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Business / Economics

Safeguarding your world with personal All-Risk cover

    By Johannes Hesekiel, General Manager for Personal Lines, Old Mutual Short-Term Insurance, Old Mutual Namibia   In today's fast-paced world, we carry our lives with us wherever we go. From the latest gadgets to cherished heirlooms, our personal belongings are more than just objects—they're a reflection of who we are. Yet, in the midst of our busy lives, we often overlook a crucial aspect of safeguarding these valuables: […]

todayJune 5, 2024 19

Business / Economics

Morning Biznews update – 22 March 2024

With South Africa’s annual consumer price inflation increasing to 5.6% in February, exceeding economists' expectations, and rising closer to the top of the central bank's 3% to 6% target range, all hopes of an interest rate cut before the Monetary Policy Committee meeting in July have fallen. A number of economists are in fact now looking at September as the first opportunity for any easing of the country’s 8.25% repurchase rate. […]

todayMarch 22, 2024 4


Locally assembled handsets begin to drive Africa’s low-end smartphone shipments

    By Conrad Onyango, bird story agency   As Africa’s major currencies weaken against the US dollar, consumers are opting for more affordable smartphones with ‘premium features’ that are either locally assembled or made in China. According to two mobile phone tracking reports, local assembly initiatives for low-end smartphones have contributed to strong growth, particularly in Kenya. The International Data Corporation (IDC) has also listed the East African economy […]

todayMarch 12, 2024 18


Rwanda pushes Africa towards universal smartphone access

  By Seth Onyango, via bird story agency Progressive policy reforms and the influx of budget-friendly smartphones are steering Africa towards complete digital connectivity in just over a decade. Rwanda's recently-announced, three-year target is the most ambitious on the continent, although statistics show that other nations are also rapidly closing in on similar milestones. As part of Kigali's innovative funding scheme, citizens can obtain handsets at the subsidised price of […]

todayJanuary 22, 2024 15