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28 June 2016

Africa - more than just a resources story – drones in healthcare

By Joel Segal, Partner, Chair of Africa Business Group Many innovative tech solutions are coming out of Africa, leap-frogging traditional solutions that may not work in remote or infrastructure-poor environments. Most people will have heard about M-PESA, the mobile money transfer service that took off in Kenya, allowing access to...

23 March 2016

The worst drought in 20 years – The challenges facing the South African Wine Industry

By Frans Weilbach, Partner, PwC South Africa Assurance practice South Africa is in the grip of one of the worst droughts in 20 years, which placed significant pressure on food price inflation. Winter rains in the Western Cape had been far below average and dam levels were at their lowest...

10 March 2016

The largest financial obligation – are you worried about your payroll in Africa?

By Andrew Ondieki, Manager, PwC Kenya’s IT Risk Assurance Services practice Employees are an integral part of a company's operations and in most organizations payroll costs constitutes the largest financial obligation. Many employers rely on the skills of payroll professionals to annually pay billions in form of wages, benefits, statutory...

02 March 2016

Cyber risk is changing for Kenya’s financial institutions

By Jamila Aroi, Manager, PwC Kenya’s IT Risk Assurance Services practice No one is immune from IT security-related risks anymore. In the financial services sector, the question is not if an IT security incident will occur but when, how and at what cost. In the last two years, sophisticated cyber...

23 February 2016

Impact of Corruption on Nigeria's Economy

By Dr. Andrew S. Nevin, Partner and Chief Economist at PwC Nigeria Corruption is a pressing issue in Nigeria. It affects public finances and business investment, as well as the standard of living in Nigeria. Recent corruption scandals have highlighted the large sums that have been stolen and/or misappropriated. There...

09 February 2016

Globalisation and its tax discontents

By Alice Muriithi, Manager with PwC Kenya's Tax practice, specialising in international tax and transfer pricing With globalisation continuing rapidly and countries (both developed and developing) struggling with financing budget deficits, the taxation of multinational corporations (MNCs) is yet again in the global spotlight. Herein lies the tension that has...

08 December 2015

Food security in Africa - Water on oil

By Richard Ferguson, PwC Agribusiness Advisor and Joel Segal, Africa Business Group Chair, PwC UK Food security in Africa is set to become a major investment theme says our new report ‘Food security in Africa – Water on oil’. Across many emerging economies, rapid industrialisation and urbanisation is placing strains...

03 November 2015

Government, the economy and business - Kenya

By Kuria Muchiru, Partner, Government and Public Sector, PwC Kenya Over the next 12 months, market conditions/uncertainty is a worrisome external issue for 56% of private company and family business leaders in our Kenya survey, followed by government policy/regulation among 48% of respondents. In the next five years, they are...

19 October 2015

Kenya risks missed opportunity as an investor’s tax hub

By Elizabeth Ndiritu, Senior Manager, Tax Services, PwC Kenya Kenyan economic climate is flourishing as the country becomes the preferred investment hub for the East Africa region and beyond. With this designation has come increased investment activity, from both local and foreign investors. According to the 2015 Kenyan Budget Policy...

06 October 2015

Infrastructure projects outlook

By Geoffrey Mabea, Manager, Capital Projects & Infrastructure PwC Kenya Infrastructure contributes to more than half of Africa’s recent improved growth performance. The focus on improving Infrastructure contributes towards economic growth and militates against human underdevelopment. According to Oxford Economics, worldwide infrastructure spending is expected to hit as high as...