Tag Archives: biashara economics

Design of Visual Sensemaking Tools for Informal Economy: Literature Review

By | April 9, 2021

Since I have long been exposed to the concept of sensemaking from the perspective of the synthesis phase of human centered design research, and design/innovation planning & concept development, I hadn’t thought to review the literature last year when building customized sensemaking tools for market women and vegetable vendors sourcing and supplying fresh vegetables in… Read More »

The results, two years on, from Kenya’s Movable Property Security Rights Act 2017

By | July 6, 2019

Movable property such as household goods, livestock and office equipment has helped add 183,487 loan accounts into the banking sector, a Kenya Bankers Association (KBA) report shows. […] “The loans that flow out of the banking system on the basis of assets in the register has been growing. This shows that the alternative collateral has… Read More »

Mobile Phones and the Informal Economy

By | January 28, 2019

Over the past week or so, I’ve been scanning literature from African researchers on the broad theme of mobile phones and the informal economy. Here are some of my top findings: The Mobile Phone is a Business Tool and Income Generator – Regardless of the region (and cultural context) of study –  Cameroon or Cote… Read More »

Why the Potential of the African Consumer Market Cannot be Considered in Isolation from the Informal Economy

By | December 17, 2018

Top flight management consulting firms like McKinsey, BCG, Deloitte, PwC et al have been taking a good long look at the emergent African Consumer Market for a number of years now. McKinsey, in fact, has just released a book on the theme, authored by their leading Africa experts. All of them acknowledge the existence of… Read More »

Financial Patterns at the Last Mile of the Farm to Fork Value Chain

By | October 19, 2018

This value web illustrates the last mile of the farm to fork agricultural value chain in the state of Maharashtra, India. We’d mapped it during our project/s for the Dutch government back in mid 2013, where we’d introduced human centered design thinking for sustainable agricultural value chain development. Subsequently, I led a multidisciplinary team conducting… Read More »

Rural Household Financial Management on Irregular Incomes

By | October 18, 2018

While all farms are not alike, and scale and variety and geography differs, the pattern of household financial management holds its fundamental logic across continents. As we saw previously, an experienced farmer tends to fall somewhere in between a salaried employee and an odd job labourer in their ability to predict with any reasonable degree… Read More »

Competitive Advantage & Customer Relationships: Lessons from Market Mummies of Ghana

By | August 29, 2018

How would you differentiate yourself in this informal retail market? Ghanaian market research guru Gerry van Dyke took a closer look at the market ‘mummies’ – Mama Biashara, as we call her – and their consumer marketing techniques in the “non-label environment”. His findings form an excellent foundation for understanding marketing and customer relationships in… Read More »

The African Informal Sector: GDP Contribution vs Scale of Human Impact

By | February 26, 2018

The informal economy in sub Saharan Africa (SSA) tends to be measured as a share of GDP, counting its contribution to the national economy. By this metric, Nigeria has the most economically empowered informal sector, contributing over 60% to the GDP. On the other extreme, South Africa, has one of the smallest contributions to the… Read More »

Voices from the Pacific: Mirroring the Challenges of Informal Market Women Everywhere

By | November 1, 2017

ABOUT 80 per cent of all market vendors in the Pacific are women, and these earnings make up a significant portion of incomes of many poor households. In spite of their contribution to the local economy and to markets, women are often excluded from market governance and decision-making. ~ The Fiji Times Following up from… Read More »

Fundamental Elements of Informal Sector Commercial Activity

By | July 28, 2017

There are two key elements which underpin the dynamics of any business or commercial enterprise in the informal sector. These are Time and Money. A generalized framework can be diagrammed, as shown above, where the dotted line denotes the degree of uncertainty and volatility of an individual’s cash flow patterns – whether from a variety… Read More »