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Landscape of Microinsurance Africa study released
The study provides an in depth analysis of the evolution of microinsurance in the African region in terms of products, delivery channels, regulations and profitability indicators to the industry.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Patient views highlight potential for Peek smartphone suite to transform eye health
An estimated 285 million people worldwide are visually impaired, of whom 39 million are blind. Up to 80% of blindness and visual impairment is avoidable but a lack of trained specialists and the high cost of buying and transporting the right equipment is a major challenge. This is especially true in rural areas and in the low-income nations of Africa and Asia that share the largest proportion of the burden.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Kenya, Uganda in Plans to Pull Informal Sector Into Tax Bracket
The turnover tax was passed in the Finance Act 2006, and the rate charged is 3 per cent. Businesses taxed under this Act are expected to maintain cashbooks, sales receipts and invoices, daily sales summaries, purchase invoices and bank statements. The penalty for failing to file returns by the due date is $20.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Safaricom rejects Kenyan regulator’s request for free access to taxpayers’ M-Pesa accounts
Safaricom said it will not give the Kenya Revenue Authority (KRA) customer data unless laws touching on confidentiality are changed to allow the mining of such information. The KRA is seeking to gain unrestricted access to taxpayers’ bank and mobile money accounts as part of the efforts to catch tax cheats and improve revenue collection as its targets continue to rise.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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East Africa: Easy-to-Swallow Anti-Aids Drug for East Africa’s Children
Medics also hope the formulation, developed by pharmaceutical company Cipla, in collaboration with the Drugs for Neglected Diseases Initiative (DNDi) and was approved for use by WHO in 2015, will address the treatment gaps that currently exist as a result of challenges resulting from the way the current drugs are stored.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Not easy selling insurance to the bottom of the pyramid, even at $1 a month
The majority of Tanzania’s low-income and informal workers do not have access to insurance and struggle to pay for health services. Entrepreneur Lilian Makoi, co-founder of technology company Edgepoint, last year unveiled Jamii (previously named bimaAFYA) – a health insurance product users can buy for as little as $1 a month.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Zimbabwe introduces electronic Point of Sale terminals at all public institutions – but leaves out mobile money
This is expected to ease the challenges being faced with the current cash crisis that has gripped the country. It also follows the Reserve Bank of Zimbabwe’s announcement on the reduction of bank charges that have lowered the cost of POS transactions to between 10 cents and 45 cents per transaction.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Mark Zuckerberg’s foundation is investing millions in a company that trains coders in Africa
Andela, the Lagos-based company that trains and deploys software developers, is closing a $24 million Series B round—with the Chan Zuckerberg Initiative (CZI), founded by Zuckerberg and his wife Priscilla Chan, leading the round.'
- Categories
- Technology
- Region
- Sub-Saharan Africa
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