Smartphone exports to Kenya have sharply declined as political protests and economic pressures take a toll on consumer spending. Rising inflation and reduced disposable incomes have forced many Kenyans to prioritize essentials, leading to a drop in demand for both high-end and budget devices. Retailers and manufacturers are scaling back shipments, while the industry grapples with the dual challenges of disrupted supply chains and a weakened economy.
Tag: economic impact
Excessive Cargo Control Measures Stifle Trade at Beitbridge
The Beitbridge Border Post, despite a $300 million upgrade, is once again mired in congestion and delays. Excessive cargo control measures, including a 100% scanning regime and fuel duties, have slowed transit times to over 24 hours, frustrating transporters who must still pay a $200 fee. This inefficiency is stifling regional trade and undermining Zimbabwe’s role as a key transit hub in Southern Africa.
Copper 360 Reignites O’Kiep Copper District Amid Global Supply Crisis
Copper 360 has reignited copper mining in South Africa’s historic O’Kiep Copper District after more than 40 years, with the reopening of the Rietberg mine. As global demand for copper surges, this development is poised to bolster both the local economy and the global copper supply, marking a new era for the region and the company.