[David Njaaga, Standard]The latest lockdown measures have undoubtedly introduced a new level of disruption to the economy and businesses are struggling to find some semblance of stability. And while this third covid wave might come and go, there is no guarantee that there won’t be further disruptions to the economy. The old economy refers to industries that have not changed significantly despite advances in technology. The centrality of manual labour and processes is a key characteristic of the old economy and often one which is commonplace in Kenya. Read MoreThe process of business transformation to the new economy can come with its own set of challenges; the most common being the natural tension between strategy and operations.

Source: Standard Digital April 02, 2021 18:56 UTC