Tag Archives: biashara

Signs of Interdependency between the Formal and the Informal Economy

There is a lot to be unpacked here – I made a mindmap of the urban African entrepreneur who is the backbone of the visible emergence of a consumer class. I’m drawing from my experience of the Kenyan context. I started this in response to Michael Kimani’s Storify recently on the mythical “middle class” and […]

Posted in Africa, African Consumer Market, Analysis, Assumption filter, Biashara Economics, Consumer Behaviour, East African Community, Economy, Ecosystem, Emerging Markets, Income, Informal & Flexible, Kenya, Marchés africains, Marketing, Perspective, Prepaid Economy & Informal Sector, Retail in Africa, Strategy, Sub Saharan Africa, urban, User research | Also tagged , , , , , | Leave a comment

Bridging East Africa’ formal – informal financial services divide

Kenya’s formal inclusion looks pretty, the financial inclusion industry has been has been great at talking up its achievements over the past 10 years. Here, 75.3% of Kenyans are now formally included, a 50.3% increase from 19 years ago. Official statistics on mobile phone penetration is up to 80.5% of the population and there is general […]

Posted in Africa, Alternative currency, Cashless transactions, Cattle, Kenya, Loans, Mama Biashara, rural, Savings, Uganda | Also tagged , , , , , , , , | Leave a comment

Insights on the psychology of cash money – Demonetization vs Financial Inclusion

The flurry of commentary on the Great Indian Demonetization of November 2016 has thrown up some nuggets of insight worth considering more deeply. Santosh Desai explores the psychology of cash money in the Times of India blog, linking the need for tangible evidence of income to physical labour, as opposed to those of us with […]

Posted in Alternative currency, Banking, Base of the Pyramid, Cashless transactions, Consumer Behaviour, Culture, Income, India, Indigenous & Traditional, Mobile platform, Perspective, Risk, Savings, Sub Saharan Africa, Technology, User research | Also tagged , , , , , , , | Leave a comment

An economy of trust

Cash on credit is the caption given to this cartoon by the BBC. Neighbourhood groceries are offering their regular customers cash advances in addition to bread and milk. While the media is filled with a plethora of stories of heartbreak, my own suspicion is that we’ll discover the resilience of the cash intensive informal sector […]

Posted in Alternative currency, Banking, Base of the Pyramid, Cashless transactions, Consumer Behaviour, Economy, India, Indigenous & Traditional, Informal & Flexible, Perspective, Research, Risk, Systems, Value | Also tagged , , , | Leave a comment

Perspective on the Carpenter’s Problem

This is my favourite concept for describing how to cost effectively iterate complex systems solutions within a given set of constraints and conditions. That is, the ideal solution for best fit, can be said to lie in the shaded area as shown in the graph above. This approach to solution framing comes from operations research […]

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Analysis of the mobile phone’s impact on cash flows and transactions in the informal sector

As we saw, Mrs Chimphamba needs to juggle time and money as part of her household financial management in order to ensure that expenses can be met by income. We also saw that the mobile phone was made viable and feasible by the availability of the prepaid business model that gave her full control over […]

Posted in About, Airtime, Analysis, Banking, Base of the Pyramid, Biashara Economics, Business Models, Cashless transactions, Collection, Consumer Behaviour, Economy, Expenses, Flexibility, Frameworks, global, Income, Indigenous & Traditional, Informal & Flexible, Mobile platform, Prepaid Economy & Informal Sector, Research, Rural Economy, Savings, Scarcity, Value | Also tagged , , , , , , | Leave a comment

African Youth find Opportunities in Informal Sector Biashara

Biashara in Africa’s emerging economies – Nigeria, Kenya, Zimbabwe- are at loggerheads with the state.  An ever bulging young demographic  and a failure to absorb them into the formal economy has resulted in increased biashara.  The informal sector’s low barrier to entry, appeals to the young Africans’ aspirations, like Simon Danda from Zimbabwe. Rather than […]

Posted in Africa, African Consumer Market, Base of the Pyramid, Biashara Economics, Informal & Flexible, jua kali, Kenya, Mama Biashara, Prepaid Economy & Informal Sector | Also tagged , , , | Leave a comment

Bedrock of trade

A general merchant in Karatina market, Kenya. Photo credit: Niti Bhan

Posted in Africa, African Consumer Market, Indigenous & Traditional, Kenya, Mama Biashara, Marchés africains, Perspective, rural, User research | Also tagged , , | Leave a comment

People-centered systems design thinking out loud

This morning I was pondering the complexity involved in weaving together four separate threads of ‘innovation’ into one holistic system. They were not unrelated to each other, and the end users are more or less the same for each, but each is also a standalone solution to a pain point in an ecosystem. I was […]

Posted in Biashara Economics, Design, Ecosystem, Emerging Markets, Indigenous & Traditional, Informal & Flexible, Innovation Planning, Perspective, Prepaid Economy & Informal Sector, Rural Economy, Strategy, Sub Saharan Africa, Systems, Technology, UCSD, Value | Also tagged , , , , , , , , | Leave a comment

Japan’s Indian Strategy for the African Consumer Market

One of the most high-profile events Kenya has hosted since independence begins this week when heads of state from across Africa and the Prime Minister of Japan Mr Shinzo Abe jet in for the Tokyo International Conference on Africa Development (TICAD). It will be the first time that Ticad has been held outside Japan and […]

Posted in Africa, African Consumer Market, Analysis, Business, Consumer Behaviour, Distribution, Emerging Markets, India, Informal & Flexible, Marketing, Perspective, Prepaid Economy & Informal Sector, Produits de grande consommation (FMCG), Retail in Africa, Risk, South Asia, Strategy, Sub Saharan Africa | Also tagged , , , , , , , , , , | Leave a comment