Magdalene Ougo

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Content Writer

Why businesses should pay attention to new commercial laws

Kenya has undergone major legislative changes in the past 10 years. New laws geared towards making the country the region’s trading hub have been enacted and implementation is expected to begin in earnest. To spur growth in the commercial sector, for instance, laws touching on business vehicles available have been enacted or updated. The developments are meant to take away some of the barriers that have made the country less competitive globally. Kenya is currently transitioning from a regime of archaic commercial laws to one that takes cognisance of contemporary trends. More recently, Parliament enacted the Limited Liabilities Partnership Act in 2011 and the regulations governing the Act were released in 2014. In 2015, the Companies Act and the Business Registration Services Act came into effect. A glimpse at these three Acts shows that the reforms have essentially covered all the possible business vehicles that one can incorporate to trade…

5 African Consumer Trends for 2016

DIVASUMERS, FEMCENTRICITY, COMMON SENSE PRICING & BENEVOLENT BRIBERY: 5 AFRICAN CONSUMER TRENDS FOR 2016 Despite slowing growth brands remained strong and new business opportunities were exploited by those advantaged more than others due to the kind of information they had access to. In 2016, it will be imperative for B2C professionals operating in Africa to understand the direction of consumerism across multiple dimensions. The slump in commodities prices affected many countries in Africa this year but it was not enough to hold down African brands from competing globally and challenging the status quo of western domination in business. From South African manufacturers approached to produce clothing for the Royal Court of Sweden to Nigeria’s iRokotv’s Nollywood streaming deal with Netflix, a global leader in internet video streaming service, 2015 proved that the world is taking Africa seriously and 2016 will not be different. Here’s a summary of the report, contextualized by…

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