Many African seaports have suffered from underdevelopment, inadequate port infrastructure, congestion, and inefficiency. This has necessitated the development of a proper mechanism to help alleviate the challenges; resulting in the development of the dry port concept. Dry ports, are a new concept in Africa, having originated in Europe and North America. Dry ports are intermodal...
The rapid growth in global trade which has seen complex supply chain structures being put up, has cemented the role of logistics in the industry. Logistics is a critical component in supply chain management (SCM), as it helps in planning and coordinating movement of products in an effective, safe and timely manner. The end goal...
According to a recent report released by OECD/G20 Base Erosion and Profit Shifting Project, dubbed “A Progress Report on Amount A of Pillar One”; there is an ongoing development to update and fundamentally reform the international tax rules by 137 members of the OECD (Organization for Economic and Corporation Development) who joined the statement on...
Infrastructure development is a key driver of progress in Africa, as well as a critical enabler of productivity and long-term economic growth. Closing the infrastructure financing gap estimated at $100 billion per year is critical for the continent’s economic development, people’s quality of life, poverty eradication, and business expansion. Africa’s infrastructure deficit can be divided...
Supply chain management (SCM) refers to all the steps and processes involved in the lifecycle of a product, right from its conception, creation, distribution, up until its consumption. At each stage of the life cycle, supply chain managers are tasked with maintaining efficiencies in the production processes and ensuring timely deliveries to the consumers. Over...
According to research by Oleg S. Pianykh, the potential contribution of machine learning (ML) to healthcare operations and management has largely been unexplored. It is therefore against this backdrop that the operational sphere of healthcare has much to benefit from machine learning. It is noted that the major hurdle healthcare systems face is managing patient...
The global food and grocery industry has experienced tremendous disruption, thanks to the Covid-19 pandemic. As highlighted in our previous article on “Digital transformation in the food and grocery delivery industry in Kenya”, this disruption was experienced in an array of industries leading to the “tech-celeration” of digital innovations. Five years of technological advances were...
An increase in access and adoption of internet as well as recent events such as the Covid-19 pandemic that limited people’s movement have catalyzed a rapid transition into online banking across Africa. Today it is possible to get a loan from a bank without ever seeing the inside of its halls. Leveraging on this market-driven...
Independently, governance, risk and compliance (GRC) have always been of concern to businesses especially those in the financial services who face numerous regulations. GRC is an approach to management that looks at the 3 principles holistically throughout the entire organization. Under GRC all three components have to be implemented collectively, as opposed to having just...
Globally, markets are starting to embrace online grocery shopping, even though the rate of adoption is slow. Multiple retailers are expanding their offerings into online grocery shopping. In Europe, some of the retailers are Tesco and Ahold. In the US, some examples include FreshDirect and Amazon Fresh while in Kenya, some of the retailers offering...