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Posted by Kudzayi Ngwerume @Kudzayi at 4:12 - 0 Comments

Nestlé recently announced its plans to reduce and scale back its operations¹ in Sub-Saharan Africa citing that the middle class in the region is not growing according to expectations. In a follow-up to the news Quartz Africa² stated that Nestlé might have forgotten to mention that its business focus did not pay enough attention to the potential that lies at the bottom of the pyramid (BOP).

Posted by Kudzayi Ngwerume @Kudzayi at 9:47 - 0 Comments

The concept of companies adopting and supporting social innovation programs to contribute to the development of society is gaining momentum. At DAVOS 2015 - there was strong sentiment that social innovation from the private sector is important in tackling some of the biggest issues that societies face today. In the age of the concerned and connected consumer̽, companies are shifting from traditional Corporate Social Responsibility (CSR) initiatives, which have often been viewed as one-off PR tactics, to more involved programs for meaningful change.

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