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Tag: kenya
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How To Replace Your National ID in Kenya And The Cost – Step By Step Guide
Video – Replacing Your Lost National ID In Kenya -
How To File Company Annual Returns on Business Registration Portal Online
Video- How To File Company Annual Returns on Business Registration Portal Online Video Transcript
In this video Tutorial, I am going to show you how to file Company Annual Returns on Business Registration Service portal (BRS). Stay tuned.
To file your company’s annual returns, go to brs.ecitizen.go.ke and login with your ecitizen account details.
On your eBusiness dashboard here, to right of the business that you want to file returns for, click on view.
On the new window click on maintain company on the top right. This new page will open. On this menu to the left, click on annual returns.
The years that you have not filed the returns will display to the right under business details. Choose the and download the file that you will need to fill in order to file the returns.
Mine is empty because this account is for a new company that was formed recently. Once you have completed filling in your returns, upload the file and click submit returns.
And that is it on how to file company annual returns on BRS portal. I hope you found this video helpful.
Until next time bye bye and take care.
Follow on x @cheptiony.
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The Best Time to Hire a Video Producer or Production Company for Your Business or Brand
Many business owners fear to approach and engage a video producer or a video production company to help them produce their marketing videos. Why? Most of them think that they are very expensive. But is that true? To some extend yes. Video production is not cheap. There are a lot of things that one needs to factor in like equipment’s, labor, administration, logistics and the frequency of the production.
What every video producer or video production company is looking at when approached by a brand or business is, the sustainability of the project. How often will you need the services of a video producer? What is your long term projection when it comes to producing video content? What is your objective?
Watch Video – When to hire a video producer A one time video production project is more expensive than a long term contract. The producer and production company needs you to give them regular business so that they can learn more about your business and improve on their craft. Jumping from one producer to the other thinking you are saving on costs will in the end become very expensive.
With this said, its imperative to have a budget of how much you are willing to spend every week or month depending on how often you want the videos produced for your business. Before you consider a budget for a video producer, here are things you need to look at first.
Is Your Business or Brand Making Money
Video production service will come in as a new expense to your business. That is why it is important to first invest money in customer acquisition before introducing video as one of your marketing tool. In todays competitive online market space, one needs to regularly produce videos in order to rank well in search engines. It doesn’t matter how much you spend to produce the videos, the search algorithm will rank each of them differently.
Having video as one of your marketing tool will cost you money. If you don’t plan well, you will burn out along the way because the results you were expecting from the videos failed to materialize quickly.
Secondly, the capital you had set aside to facilitate video production may be depleted before you see any results. And if the producer did his job well on your idea, you will be left alone wondering what went wrong.
No producer will be happy to work with a client who always complains when they are issued with invoice. Fix your accounts first then consider approaching a producer to help.
When You Are Busy And Have No Time to Shoot Content
Most people do everything in their business. From preparing quotes, writing proposals, offering the actual services, making presentations, shooting videos, editing the videos, publishing the videos online e.t.c. That’s not a problem if you are starting up. Once you start getting clients, it is good to get a producer to help with video production.
Every step of a production needs creativity. If you do everything yourself, your creativity will be compromised especially in the production and post production stage. I mean, why would you do the shooting and editing yourself yet you can pay a video producer who specializes on the same to do the job?. Use your money to ease yourself from video production tasks so that you can focus on your business.
Again, when you are busy because your business is growing, consider approaching a producer or production company to take over the video production. At the end, everyone will enjoy.
I hope this is helpful. Video producers like myself enjoy working with progressive brands or businesses. That is why I am encouraging you to first prioritize activities that will make you money. Ask yourself, Is video necessary now? If it is necessary, then get in touch so that we can discuss on your objectives and the amount you are willing to spend.
I like when brands, businesses or companies consider video as part of their marketing strategy. When they prosper, I with my team prosper too.
Are you ready to start using video services in your business? Let me know here. I will be open to discuss your long term plan. Lets grow together.
And that it from me here. Until next time, bye bye and take care.
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How to Boost Your Communication and Productivity With These 2 Amazing AI Tools For Free
When people hear Artificial Intelligence(AI), what comes to everyone’s mind is ChatGPT by OpenAI because many people are currently using it. From college and university students using it to do their homework, to bloggers using it to write blog content. AI is the new goldmine and is here to stay.
Watch Video But lets shift our focus today a little bit and look at free AI tools that we have with us on our phones and computers. Many people just see them on their phone or computer but they don’t know how powerful they are.
That’s what I am going to share with you on this blogpost.
GOOGLE LENS
Google lens is an app that comes preinstalled on every android phone. Many people don’t know how utilize it for productivity. When you open Google Lens on phone, it just start the camera and displays images from your gallery below.
On top just below the camera, you can see the menu tittles. These are things you can do with google lens.
You can translate text from an image, you can search online using images, you can take photos of your homework questions and google will answer it for you, you can take a photo of a product and google will show you the price of the product on different outlets that sell it and with location setting enabled, you can take a picture of a signboard in the place you are in and google lens will tell you where you are.
In this review, I will demonstrate to you how to simply copy text from an image using google lens without typing it. It doesn’t matter if the text was written by hand or typed; google lens will do the job of copying and converting it to typed text that you can edit.
I have some notes hand written on my book here. Instead of typing them, we will use google lens to type it. So I will point the lens on the page where the text is, and google lens will highlight the text and prompt me to choose the action I want with the text selected.
In this case, I will select ‘text’ menu then select copy text on the new window. The text will copied to clipboard. Open google docs or a word processing app on phone and paste it there.
As you can see here the text is copied and pasted. From here I can easily edit.
Another way you can copy text is from an image on your phone. Select the image with text that you want to copy. Google lens will select the text. Tap on copy and it will be copied to clipboard. From there, you can paste it where you want e.g. on google docs, on e-mail e.t.c.
Google lens has a total of six things you can do with it and will safe you a lot of time.
BING CHAT
When you install Microsoft Edge browser on your computer, it comes with Bing Chat. Bing is an AI-powered search engine owned and operated by Microsoft. Bing chat is an AI feature within the browser that works like ChatGPT but its free. No login is required.
Bing chat appears at the far top right corner on the Edge browser. Click on it to open.
Bing chat has three features; chat, compose and insights. This a a very powerful tool for anyone in the communications business.
You can use this to write various communication messages like website landing page content, social media posts, cover letters e.t.c. To remain unique, always know which feature to use when.
Since most people are familiar with the chat feature based on their past experience with chatGPT, I will explore the compose feature in order to give an idea of how AI can positively change the tone in which you communicate for good.
When you open this feature, you will realize that it gives you 3 choices that you need to pick after keying in your idea on what you want it to write. Among these choices include tone, format and length.
With compose feature you can write basically anything. Just type in the keywords of what you want it to write and chose the tone, format and length and Bing chat will give you the results.
So far, from my experience, the compose feature does a perfect job. Just think of anything, and ask it to compose it for you. It will phrase it so well that you will be happy to post and share.
Conclusion
AI is a powerful tool that can help you create, communicate and collaborate. But it also comes with some challenges and responsibilities. You need to be aware of how AI works, what it can and cannot do, and how it might affect your audience.
You need to use AI wisely and ethically, and make sure that what it presents to you reflects your intended message. Don’t rely on AI blindly. Always check, edit and improve its output.
AI is not a substitute for your own creativity and critical thinking, but a partner that can enhance them.
And that is it.
Have you embraced AI in your communications? If not, what is preventing you from taking advantage of it. Let me know your thoughts in the comments section below.
And if you need professional help in building vibrant digital media and communication channels for your business that you can rely on, don’t hesitate to reach out to me here. I will be glad to help.
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Until next time bye bye and take care.
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How To Convert A Registered Business To A Limited Company in Kenya Online -Video
Video Tutorial – How To Convert A Registered Business To A Limited Company in Kenya Online When a business grows, one is met with challenges of fully controlling it considering you have your own private life that you want to enjoy. It’s therefore important to separate your business and private life as it expands from sole proprietorship or partnership business to a limited company.
In this video tutorial, I will show you how to convert your registered business to a limited company online in kenya. Stay tuned.
And if you are looking for help to develop and produce video content for your business on budget, I can help you. You can reach out to me here.
Follow me on X @cheptiony.
Until next time, bye bye and take care. My name is Cheptiony Mutai.
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How to Apply for A CDS Account Now Called CSD Online And Begin Trading in Government Securities in Kenya
VIDEO TUTORIAL
Video Tutorial – How to Apply for A CDS Account Online And Begin Trading in Government Securities Unlike in the past where it would take one 14 days to get a CDS account ready after making an application, the process now takes 2-5 days, and one can do it at the comfort of their phone or a computer with internet connection.
This is all made possible with DhowCSD, a new product from the central bank of Kenya. When you have a CDS account, you can start investing in government treasury bills and bonds.
In this video tutorial, I will take you through the process of applying for a CDS account now called CSD with dhowCSD online.
I hope you will find this video helpful. Share your thoughts in the comments section below.
And if you are looking for help to develop and produce video content for your business on budget, I can help you. You can reach out to me on my business website here.
Follow me on X @cheptiony.
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How to Renew Driving License in In Kenya in 2023 Online
Since I did the video on how to renew a driving license in Kenya online a year ago, NTSA has upgraded their system and they have introduced new requirements on the process of applying for the renewal of driving license in Kenya.
VIDEO TUTORIAL
Watch video – How to renew driving license in Kenya To get started, login to your ecitizen account and click on apply for a driving license.
You will be taken to your NTSA self service portal. On the user dashboard here, click renew.
Under renewal type, select, virtual driving license one year.
Enter your place of birth, blood group, country and county of residence, and enter your physical address.
This is mandatory for your application to be processed.
On the next window, upload a passport photo of yourself and click on next.
Check on the box here to declare that it is you who has provided all the information as required in regard to the application and click renew.
You will be taken to the payment gateway to pay Ksh. 650 for renewal. Make the payment.
Once your payment is confirmed, you will be redirected to this page to download your electronic driving license.
And that’s it on how to renew your driving license online in Kenya today.
if you are looking for help to develop and produce video content for your business on budget, I can help you. You can reach out to me using this link.
Follow me on X @cheptiony.
Until next time, bye bye and take care. My name is Cheptiony Mutai.
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6 Things That Tenants Look At When Searching For A House To Rent in Nairobi
At the end of April 2023, I started my hunt for a house to let within Kasarani, Roysambu, Claycity, Santon and Ruaraka area. It took me 2 Months to find a quality and fairly priced house that suites me.
I wanted a space where I can comfortably enjoy my stay when I am home without feeling uneasy or uncomfortable. That means it had to have some key features like good ventilation, continuous water supply, easy road access, internet e.t.cMy Journey Started In April And Ended On May
On April 2023, my search for a house around Thika Road began. During my hunt, I spent more than 20 days combined walking around the estates to view all available houses to let.
At the end of my adventure, I had looked at over 100 houses in different regions of Thika road including Thome, Marurui, Roysambu, Kasarani, Santon, Clay city and TRM drive. Out of all these houses I viewed, I only picked one.
PS: More than 50% of the houses that we had viewed had been vacant for more that 2 months. This means, people go there, view the house and find out that there is something missing and then go away never to come back again.
So what made me choose the current house I am renting now over others?
In this article I will share with you six house features that I think many tenants look at when searching for a perfect ‘house to rent‘ in Nairobi.
This post will act as a guide to someone looking for a space to rent in Nairobi and any other place.
Also, it will be a source of inspiration to current and future real estate developers.
1. Convenience To The Main Road
How easy is it to access the main road from the house? Do you have to take a boda-boda to connect to the main road? Even if the house has quality finish and you still spend money to connect to the main road, it is still not economical.
I know you are asking; but it depends with what you do? Well, sometimes the convenience to the road come in handy e.g emergencies, security e.t.c.
Aerial View of a House Convenient to the main road Having this in mind when searching for a house to rent in Nairobi will save one a lot of time. You will not waste time going deeper into the estates to look for a house. You will only focus on the ones that are closer to the road.
2. House Design And Ventilation
Is the house design appealing? How is the house ventilation from the inside? Some of the design features that was important to us was the positioning of the toilets, kitchen, bedrooms and balcony.
There is a huge problem with many house designs in most flats in Nairobi. In some, the first thing you will see when you enter the house is the toilets, then Kitchen, then bedrooms then living room then finally the balcony. All the rooms are connected by a tiny corridor. This isn’t in anyway appealing having in mind that you have to pass through the corridor to connect to all the rooms.
Another issue with many designs was ventilation. Many houses we viewed located at the Ground floor had very poor ventilation. There was no natural light coming into the house. This means that aside spending a lot of money on power, its not a conducive working environment if sometimes you work from home.
Finally still on the issue of design, the curtain holders in most houses were ‘box type.’ They have not embraced curtain rods yet. So if one had curtains designed for rods, they had to install the rods at their own cost.
3. Water And Other Amenities’
One of the biggest problem in most Nairobi estates is water. Tenants are not told about the water rationing when they move in. I remember at one time, in my previous rental, we stayed a whole month without water. Thanks to my friend who lived in a house with no water rationing thus I did laundry and showered at his place until the water was back.
But imagine, what will happen if you don’t have a friend you can run to for help when having water crisis? You will buy 20 litres of water at up to 100 shillings. On average, one person needs at least 40 litres of water daily to use in bathing and flashing toilets.
The house design and beauty doesn’t matter if there is no water. It is better to pay for water in units than live in a house without water.
4. Space Size Including The Balcony
How spacious is the living room and bedrooms? In some houses, the bedroom space was very small that it only fits a 5×6 bed. Literally, the whole bedroom is occupied by only the bed which doesn’t make sense.
Spacious living room and balcony is also important. In the balcony, one can hang clothes, relax and bask in the sun e.t.c. This are things that matters to anyone.
In a spacious house, one feels free and flexible. There is a special feeling that one gets when he/she is living in a very spacious house.
5. House Floor Levels and Lift
Which floor is the house in? Is it in 1st floor or 6th floor? In my search, I found 3 good houses in 5th and 6th floor, but what turned me off was the poor ventilation on the stairs and absence of a lift.
Imagine you have gone to the shop and back to the house only to realize you forgot to buy something essential from the shop. You will have to walk down the stairs to the shop and back to the house. In this day and age, that’s a lot of work. That is why its important to have a lift in place if the house is tall.
Anything above 4th floor should have a lift for convenience.
6. Cost
This is the last thing that one looks at. How much is the rent? Some people rarely ask the renting cost if the house didn’t have the features they wanted. If they do, they will do it as a by the way. Some of the houses were overly priced despite having all the features we were looking for in a house.
In many cases, I realized that many landlords are nowadays focusing on the decorations other than the space size thus charging more. There should be a balance.
At the end, like business Tenders, one choses the lowest priced house with good space, water 24/7, security, easy access to the road and is properly ventilated.
Conclusion
If you are looking for a house to let in Nairobi, don’t rush; take you time. It will take time to find a good house that is habitable. A house that you can live in until you are able to have your own home designed to your own taste. You do not want to move into a house and little after moving in, you find a problem and you are forced to move out again.
I hope you found this article helpful.
What are those things you look at when looking for a house to let in Nairobi that fits your taste? Share your thoughts in the comments section below.
And if you are looking for help to create and produce high quality videos for your business, I will be glad to help you. Reach out to me via my business website here.
Until next time, bye bye and take care.
Follow me on twitter @cheptiony.
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Is Freelancing Online A Lucrative Career?
This is a common question that many people wanting to pursue a career freelancing online today ask. Having been a freelancer for now 10 years, is freelancing truly a lucrative career? The answer to this question is an affirmative yes. Now the success that everyone is looking for lies on how you pursue it.
Watch Video: Is Freelancing Online A Lucrative Career? For instance, freelancing on a platforms like Upwork, Fiverr, freelancer and others was very lucrative 5 years ago but now things have changed. It’s now hard to make a descent amount of money there. This is owing to an increased number of people joining these freelance gig platforms looking for work compared to the number of clients hiring.
So what makes freelancing a lucrative career despite the shifting tides in the freelance marketplace? It is the individuals flexibility to adapt to change. In this blogpost, I will share with you 3 things that still makes freelancing a very lucrative career to date.
Direct Connection With Clients
One of the biggest shifts that we all witnessed during the Covid-19 lockdown in the year 2020 was the change on how businesses connect with their customers and workers. Freelancers were not left out. They contacted clients directly to seek for work as opposed to applying for work through the freelancing platforms.
As it turned out from the freelancers I have interacted with, getting hired by a company directly online is more lucrative than applying for gigs every day via a freelancing platform. I am also a firm endorser to this approach to freelancing. It is the way to go.
A good example is a client who hires a freelancer for a 6 months contract. The contract pays the freelancer an average of $4,000 a month. That’s good money depending on the country you are residing in.
Moreover, you can plan how you will spend the money or invest.
When you compare this to a freelancing on a platform; on a freelancing platform, it’s really hard to get a client who hires you and give you work consistently for more than 3 months. You may have a contract with a client for long but what you make from it in a month is very small.
The secret today to a lucrative online freelancing career is to look for direct clients.
Diversify
Diversification gives one a room for growth. Diversity when it comes to freelancing is investing your earnings in profitable ventures. Before you do this, educate yourself on how different online investments work. For instance, before you start investing in cryptocurrency, educate yourself and know how the cryptocurrency you are investing in works.
Look for avenues in which you make good profit from your investment.
When you do this, you will be able to shift your focus from depending on one source of income to many. Freelance diversification is not only limited investments; you can diversify your knowledge as well.
For example, if you are a video producer like me, you can diversify and offer video script writing and graphics designer. This move will give you a room to grow financially.
Diversification multiplies your sources of income and this makes freelancing a lucrative career.
Own A Business Online
Take freelancing as an avenue to study and do market research for your next business. Have a goal of owning a business online that serves people within your career. The beauty of freelancing online is that you are paid as you learn how it works. When I started freelancing way back in the year 2013, I had very little experience in video production.
When I was hired for my first job, I learnt from it. I kept perfecting it with time while working on paid contracts. However, my goal always had been to own a successful video production business in Kenya. At the time, I had started it offline.
Take freelancing as your foundation to not only a lucrative career but a successful business as well.
Once you have you idea ready, start. Know who your target audience are and address them clearly. When you position your online startup well, you will definitely prosper in it.
The long term benefit of being a freelancer is owning a lucrative online business.
Conclusion
With new emerging technologies and ideas, freelancing will never cease to be a lucrative career. Be very honest with yourself when you take this path. I have seen many people show off and lie on camera that their luxury lifestyles are being financed by money they got from freelancing, trading on Forex, writing e.t.c. Not all of those who share their story about their freelancing journey or trading are lying. But the loud and flossy ones in most occasions lie.
When you get into the world of freelancing, be open minded. When you come across a good idea, pursue it with a positive mind. When you do so, you will surely succeed.
And that is if from me on why freelancing online is still a lucrative career today.
Did you find this article helpful? Let me know your thoughts in the comments section below.
And if you need professional video production services, you can reach out to me here.
Until next time, bye bye and take care.
Follow me on twitter @cheptiony.
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7 Events That Had Global Impact In 2022
2022 was a tough year economy wise for most people across the world. The ongoing war between Ukraine and Russia indirectly contributed to the rise in the cost of living in countries who depend on imports from Russia and Ukraine like Oil, Gas and fertilizer.
In the digital space, Bitcoin cryptocurrency price dropped by 60% from $54K in January to now about $17k as many countries begin to adopt cryptocurrency as an alternative means of payment and investing.
Additionally, more and more innovations in tech including robots and Artificial Intelligence(AI) is taking shape including commercialization of electric cars and introduction of robots to perform various human related tasks. The latest one is an AI trained chatbot ChatGPT.
On investments, it’s this year that we have seen Elon Musk buy Twitter and fired many employees as part of restructuring.
In Kenya, we have a new president-Hon. William Samoei Ruto.
All this and more combined had a great impact on many people both economically and socially going forward. In this blogpost, I will highlight top 7 things in 2022 that impacted many globally.
Russia Verses Ukraine War Intensified
On February 2022, Russia invaded Ukraine in a major escalation of the Russo-Ukrainian War and its effects on the economy was unprecedent.
Fuel prices escalated from $60/barrel to now $110 barrel which in turn led to high cost of living.
The conflict between Russia and Ukraine began in 2014 when Russia annexed Crimea, a region that had been part of Ukraine since 1954. The annexation was widely condemned by the international community and led to economic sanctions against Russia.
In the ensuing years, fighting broke out in eastern Ukraine between Ukrainian government forces and pro-Russian separatists, who were supported by Russia. The conflict has resulted in thousands of deaths and has displaced many people.
Efforts to negotiate a peaceful resolution to the conflict have been ongoing, but the situation remains tense and there have been periodic flare-ups of violence.
In a recent report by BBC, Russia has suffered a major defeat in the southern city of Kherson and Ukraine soldiers regained some major regions that was earlier taken by Russia.
Ruto Was Elected As The President of Kenya
2022 was the electioneering period in Kenya. Official political campaigns began on March with many presidential candidates.
Four major candidates stood out based their history of influence in the political scene. Each of the contenders had their political agenda that appealed to a certain group of Kenyans.
George Wajackoya became widely famous for promising to legalize Marijuana if elected president aside other weird proposals that got everyone talking. One among them was a proposal to domesticate hyenas and sell their testicles for profits to China. This didn’t go well with many despite him gaining fame from it.
At the end it was clear that two senior politicians led the race. That was Hon. William Samoei Ruto and Hon. Raila Amollo Odinga. As they said it was a 2 horse race.
As the elections neared, maize flour prices soared by 90% to Kes.210 from Kes. 120. This was blamed on the war between Russia and Ukraine. The rise of Unga prices affected many and it became the center of focus with a group of Kenyans protesting in the streets of Nairobi asking the government to subsidize the product.
In the mid of it, politicians went around the country promising Kenyans that they will lower Unga prices after 30 days in office if voted in. On August 9th 2022, Kenyans casted their votes and waited patiently for their candidate to win.
On August 15th, IEBC chairman Wafula Chebukati announced Hon. William Somoei Ruto as the winner of the presidential elections. This didn’t go well with the his close opponent Hon. Raila Odinga who lost by a small margin.
He contested the results through a court petition but lost it again for lack of clear evidence to disqualify the election results. At the end, Hon. William Samoel Ruto was declared the winner of the presidential elections and was sworn in as the president of the republic of Kenya on 13th September 2022.
World Cup Happened
FIFA world cup was held in Qatar in the year 2022. The last African team to play was Morocco who lost at semi-finals. It was very interesting to watch all the matches. At the end, I was a firm supporter of Argentina and I am proud to say we worn😀.
Aside cheering my best team, I learnt that world cup is a business. Everyone who participates gets paid. To appear and play at world cup, a team is paid $1.5 Million. This is aside the packages awarded to each team for reaching a certain level of the competition.
Here is a break down of World cup 2022 price money.
Description Price in USD Winner $42 Million Runner-up $30 Million Third place $27 Million Fourth place $25 Million Quarter-final $17 Million Last 16 $13 Million Group Stage $9 Million World Cup 2022 prize money breakdown Bitcoin Price Dropped By 60%
Bitcoin is the mother of all cryptocurrencies. In the year 2022, Bitcoin price drop sent panic across the world eliciting a spike in the sell out.
As this goes on, more and more countries have eased up on Bitcoin regulations as others issue Bitcoin licenses. This is a good sign to the cryptocurrency investors.
According to a report by the next advisor newsletter, a recent study by Deutsche Bank found that about a quarter of bitcoin investors believe bitcoin prices will be over $110,000 in five years.
The volatility is nothing new, and is a big reason experts say new crypto investors should be extremely cautious when allocating part of their portfolio to cryptocurrency.
ChatGPT Was Launched
With the entry of ChatGPT, many people are still wowed by how much an AI human trained chatbot can do(including myself). From writing a well polished blog articles to writing programming codes for apps, ChatGPT is near perfect. I have seen many people instruct the chatbot to write for them a script for their YouTube video.
While ChatGPT is free, it can write articles based on information found online until 2020.
You will not get the assistance on information beyond the year 2020. I have read online that ChatGPT 4 will be out in 2023. Let’s wait and see how different it will be from ChatGPT 3.
Elon Musk Bought Twitter
On October 2022, Billionaire investor Elon Musk acquired Twitter for $44 Billion. Following this announcement, a number of top executives, including the boss, Parag Agrawal, was reportedly fired.
Elon Musk spoke of buying Twitter because he wanted to “try to help humanity”, and said he wanted “civilization to have a digital town square”. One of his biggest mission has been to eliminate bots on twitter.
Since the acquisition, Twitter verified check marks now costs $8 a month. Also, one can see how many people viewed their tweets same way they see their YouTube views.
Regulations on Digital Lenders in Kenya Began
Central Bank of Kenya(CBK) and Kenya Data Protection and Commission (KDPC) started regulating Digital lenders in Kenya. By mid September 2022, Central bank of Kenya had approved only 10 digital lenders out of 288 applications they had received in a bid to regulate the digital lending businesses.
On the other hand, Office of the Data Protection Commission (ODPC) in a notice dated 5th October 2022 said they were auditing 40 digital lenders whose practices regarding the processing of personal data has been raised to the data commission as complaints by various members of the public.
If you think about it, if these steps are done right it will have a positive impact on the Kenyan digital marketspace.
Conclusion
A lot went on all through the year 2020. Generally, it was a tough year economy wise. We don’t know what 2023 holds for us. Let us all wait and see.
What stood out for you in 2022?
Let me now in the comments section below.
If you need help to create and produce professional video content for your digital business, you can request a quote here.
And until next time, bye bye and take care.
Follow me on twitter @cheptiony.