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How Barclays Aims to Bring a Billion Unbanked into the Fold
Though its parent company, the $1.8 trillion-asset Barclays PLC, has had operations in Africa for more than 100 years, today Barclays Africa has only 12 million customers, about 1% of the continent's total population.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Malaria, HIV/Aids Solutions Win Big At Innovation Prize for Africa
A ground-breaking anti-malarial drug made from natural plant extracts has won the 2016 Innovation Prize for Africa (IPA) today; while software to combat HIV drug-resistance medication and a cheap, simple urine test for malaria were the other big winners.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- innovation
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Social entrepreneur Jacob Ugbodaga on why Nigerians need to buy local products
Corporate Institutions across Nigeria are embarking on mass retrenchment of workers amidst fresh graduates entering the job market by mid-June which is coming on the heels of predictions from the Central Bank of Nigeria (CBN) that the Nigerian economy was about to slip into a recession.
- Categories
- Impact Assessment
- Region
- Sub-Saharan Africa
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Landscape of Microinsurance Africa study released
The study provides an in depth analysis of the evolution of microinsurance in the African region in terms of products, delivery channels, regulations and profitability indicators to the industry.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Patient views highlight potential for Peek smartphone suite to transform eye health
An estimated 285 million people worldwide are visually impaired, of whom 39 million are blind. Up to 80% of blindness and visual impairment is avoidable but a lack of trained specialists and the high cost of buying and transporting the right equipment is a major challenge. This is especially true in rural areas and in the low-income nations of Africa and Asia that share the largest proportion of the burden.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Kenya, Uganda in Plans to Pull Informal Sector Into Tax Bracket
The turnover tax was passed in the Finance Act 2006, and the rate charged is 3 per cent. Businesses taxed under this Act are expected to maintain cashbooks, sales receipts and invoices, daily sales summaries, purchase invoices and bank statements. The penalty for failing to file returns by the due date is $20.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Safaricom rejects Kenyan regulator’s request for free access to taxpayers’ M-Pesa accounts
Safaricom said it will not give the Kenya Revenue Authority (KRA) customer data unless laws touching on confidentiality are changed to allow the mining of such information. The KRA is seeking to gain unrestricted access to taxpayers’ bank and mobile money accounts as part of the efforts to catch tax cheats and improve revenue collection as its targets continue to rise.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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East Africa: Easy-to-Swallow Anti-Aids Drug for East Africa’s Children
Medics also hope the formulation, developed by pharmaceutical company Cipla, in collaboration with the Drugs for Neglected Diseases Initiative (DNDi) and was approved for use by WHO in 2015, will address the treatment gaps that currently exist as a result of challenges resulting from the way the current drugs are stored.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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