Traditional restaurant sector has historically suffered very thin margins on its menus. Customers hardly order the high margins foods as they are quite expensive. This has left majority of the customer segment ordering the more affordable options provided, leaving the restaurants with about a 7 – 22% profit margins. The global food industry is estimated...
A circular economy, according to UNCTAD, entails markets that incentivize reusing products rather than scrapping them and extracting new resources. It promotes the reuse and recycling and the sustainable use of natural resources, offering an alternative that could generate $4.5 trillion in economic benefits globally by 2030. In such an economy, all types of waste,...
The concept of a shopping mall with large department stores originated in the United States and aimed at creating a community-based environment for shopping and leisure. Families and friends would visit malls to enjoy the scenery and products offered by the various brands that occupy the spaces. A mall would attract customers if it was...
The city of Kigali generates about 600 tons of Municipal Solid Waste per day, which is projected to grow over time as the country undergoes significant economic transformation to become a lower middle income country. Currently the city of Kigali is struggling with its Solid Waste Management (SWM) system because of its limited waste minimization...
When it comes to the future of digital marketing, it is important to look at the technology behind it. The internet has changed the way we live, and it has changed the way we do business. With the global adoption of the internet, the era of artificial intelligence (AI) has set in. Machines can complement...
The aspirations of the founding fathers of the African continent post-independence converged on a united Africa under the spirit of Pan Africanism and Ubuntu. Fast forward about six decades later, trading under the African Continental Free Trade Area (AfCFTA) was launched in January 2021; marking the beginning of trade liberalization across the continent. As Africa...
Coming immediately after the Agricultural Revolution, the Industrial Revolution was characterized by mechanization of production processes, use of new sources of energy and rapid urbanization. The Agricultural Revolution led to increased food production which lowered the cost of food and shifted the focus of communities into demanding other goods and services that could improve their...