Tag Archives: Kenya

12May/23

Tsunami of taxes

By Kim Harrisberg | South Africa correspondent

Kenyan influencers’ popularity may soon be costing them, with the government recently proposing new taxes targeting the digital economy, including for content creators.

Under the Finance Bill 2023, multiple amendments aim to grow the government’s tax base which has seen substantial deficits resulting in even government salaries being delayed. Continue reading

03Mar/23

ID of 93 million Nigerians at risk in landmark election

  • Facial recognition and fingerprints needed to cast votes
  • Privacy experts fear mass breach of Nigerians’ identity
  • Aim is to root out widespread electoral fraud

LAGOS – Africa’s biggest electorate votes on Saturday in a poll that experts fear could unleash a mass breach of privacy as Nigerians relinquish reams of personal data to cast their vote.
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02Mar/23

AI could make more work for us, instead of simplifying our lives

Barbara Ribeiro, University of Manchester

There’s a common perception that artificial intelligence (AI) will help streamline our work. There are even fears that it could wipe out the need for some jobs altogether.

But in a study of science laboratories I carried out with three colleagues at the University of Manchester, the introduction of automated processes that aim to simplify work — and free people’s time — can also make that work more complex, generating new tasks that many workers might perceive as mundane.

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01Dec/22

FTX collapse crushes crypto dreams in Africa and beyond

  • FTX’s bankruptcy hurts small investors across the world
  • Young African crypto backers fret about damage to sector
  • Regulators repeat warnings about risks of crypto dealing

LAGOS/BANGKOK – Days before his FTX cryptocurrency exchange collapsed, co-founder Sam Bankman-Fried tweeted “Hello, West Africa!” – his latest nod to a region where a growing number of kitchen table investors had put their faith, and savings, in FTX.
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27Oct/22

The whole world is facing a debt crisis – but richer countries can afford to stop it

Patrick E. Shea, University of Glasgow

Countries across the world are drifting towards a debt crisis. Economic slowdowns and rising inflation have increased demands on spending, making it almost impossible for many governments to pay back the money they owe.

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25Oct/22

It matters that Rishi Sunak has become the UK’s first prime minister of Indian descent

Parveen Akhtar, Aston University

Following his uncontested run at the top job, Rishi Sunak acquires the less-than-coveted title of second successive un-elected British prime minister to take office in 2022. However, coming from Punjabi heritage, he also takes on the more esteemed title of the nation’s first British Asian leader.

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17Oct/22

Will South Africa’s street vendors go bust in a cashless world?

Kim Harrisberg

Published: October 12, 2022

  • Digital payments on the rise in South Africa
  • People without mobile phones, bank accounts excluded
  • Calls for innovation to include informal economy

JOHANNESBURG – For more than a decade, musician Thomas Nhassavele has been busking next to the parking payment machine at Johannesburg’s Rosebank Mall, where drivers often dropped their change into his guitar case. Continue reading

26Sep/22

South African teens skip school to chase risky crypto dreams

  • Young South Africans see crypto as way to quick wealth
  • Poverty, high unemployment pushes them to crypto
  • Users not fully aware of risks, vulnerable to scams

By Kimberly Mutandiro

JOHANNESBURG, Sept 26 (Thomson Reuters Foundation) – John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin.
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23Sep/22

Women sacrifice their health to shield families from spiking costs

  • Rising inflation is widening gender gaps, say charities
  • Women report skipping medical care to feed families
  • Campaigners sound alarm over government austerity measures

By Nita Bhalla

NAIROBI, Sept 22 (Thomson Reuters Foundation) – When the pain started in Agnes Wachira’s chest almost six months ago, the Kenyan mother-of-three dismissed it as a symptom of the daily grind of working long hours hand-washing clothes in the narrow lanes of Nairobi’s Kawangware informal settlement.
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11Aug/22

Scam loan apps extorting Mexicans thrive in Google Play Store

  • Menacing messages, threats spiral along with debt
  • Legal loophole creates Wild West for lending apps
  • Complaints mount but regulators powerless to act

By Diana Baptista and Avi Asher -Schapiro

MEXICO CITY, Aug 11 (Thomson Reuters Foundation) – A week after Pedro Figueroa borrowed 10,000 pesos ($500) from José Cash, a popular Mexican lending app, the barrage of online abuse began.

A slew of WhatsApp messages swamped his phone, threatening harm – to him and his reputation – if he did not pay. Continue reading