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Blog-Data Fintech | Data Fintech

Increase in Population=Increase in Jobs, but it isn’t.

The International Monetary Fund (IMF) released a new report that highlighted the unemployment situation in Sub-Saharan Africa. From the report, Kenya may have very valuable lessons to learn. “Kenya’s capacity to create new jobs is not in tandem with the rapid population rise. It has as a result ended up creating a huge pool of […]

Aug 16, 2017

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Deciding where to buy an apartment can be grueling task. To help in your investing decision, Data Fintech and Buyrent Kenya conducted a study that looked at the performance of apartments in Riverside vis a vis those in Parklands. According to our analytics, between Quarter 2 of 2016 and Quarter 2 of 2017, the median price […]

Aug 14, 2017

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Demand for luxury cars drops in Kenya.

According to Business Daily, as of June 2017, the sale of new luxury cars in Kenya had dropped by 10.6% in the first half of the year. Luxury car dealers attribute this to the Kenyan 2017 elections. Surprisingly though, the sale of BMW and Mercedes rose by 144.4% and 21.8% respectively between January and June […]

Aug 09, 2017

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Nakumatt and Uchumi could have foreseen their struggles.

As of May, Nakumatt had not paid 1,555 of its employees and was forcing about 100 of its employees on compulsory leave. (Kenyans.co.ke, 2017.) Uchumi on the other hand has been in a bad place for years on end. However, it was not until recently that it’s employees also spoke up and about 1,300 union […]

Aug 02, 2017

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How do the elections affect the Electronic market in Kenya?

Kenyan electronic dealers business seems to be affected by the current Elections period, reducing significantly the amount of stock. According to a study by Data Fintech, there has been a major drop in the volume of television sets in the marketplace. Hisense, which was leading the market earlier in the year has dropped by 14.9% […]

Jul 27, 2017

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