Opportunities in the Times of Pandemic

 

Firms in the country that operates around the sectors such as ICT, eCommerce, data analysis, research and logistics are among those that will benefit most from the current Covid-19 pandemic. Additionally, individuals and businesses engaged in entertainment, gaming and videoconferencing businesses could also see an increase in value. 

Their demand has been on the rise as a result of the current health crisis in the world. Business enthusiasts who have considered online businesses in Kenya are also reaping big today.

A report by the Capital Markets Authority (CMA) notes that despite the substantial decline in the stock markets not only in Kenya but also across the world, investors have an opportunity. That is especially for the stocks that are on decline as a result of panic rather than dwindling in their fundamentals.

Although most sectors have been hit hard, there are those that continue to thrive despite the pandemic. That is especially the virtual businesses that allow one to earn money online remotely.  The report reveals that savvy investors with an eye for long term ventures have a ripe opportunity to engage in investments with low startup requirements for future gains.

The CMA has the opinion that the implementation of short term interventions that has been underway across the world to keep firms operational, expansion is a requirement among the same entities. Equity and debt financing are ideal for such business strategies.

As people become keen on observing social distancing, and authorities impose travel restrictions, most firms may settle on holding annual general meeting via online platforms. The organizations that do not recognize virtual meetings as formal can now smile thanks to the release of court orders that reprieves the hard stance. 


As firms embrace holding of virtual meetings in Kenya and globally, FinTechs are finding an opportunity to offer solutions to Annual General Meetings, trading and settlement platforms and customer on-boarding as they respond to the global health crisis.

Many suggests that there is potential of sustaining the work from home policy even after the pandemic, to lower operational costs, increase the balance between work and life, and reduce the time people use during commuting. It would lead to increased productivity among staff.

There is a growing consensus that it is probably the right time to begin thinking of a complete transformation of the capital market transactions. That on-boarding of clients, trading and receiving cash should be through e-mobile. Besides, it is a convenient payment solution for online business opportunities which are on the rise in Kenya. 

 

 

 

 

 

 

 

Fred Kabiru

Fred Kabiru is a content creator and SEO specialist. He is passionate and experienced about Business, Digital Marketing, News and Technology. He is a believer of content worth reading for a brand worth following.

 

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