The eternal battle between Procter & Gamble and Unilever is intensifying in the developing world.
A TRIP to Paris is not usually a miserable way to celebrate your birthday, but so it was this year for Bob McDonald. On June 20th, as he turned 59, the chief executive of Procter & Gamble (P&G) for the past three years gave a faltering and apologetic speech at a conference there hosted by Deutsche Bank, in which he predicted lower-than-expected profits in the coming quarter for the world’s largest maker of household and personal-care products, and confessed to deep-seated problems at his firm both in innovation and the broader execution of its strategy.
Many of us are willing to regularly give from our own pockets to worthy nonprofits or causes, but sometimes we may refrain from doing so, in part because we just don't know which organizations are doing great work, and in part because we may feel as if we can't afford to give enough to really make a difference.
Today, GSMA has released a new infographic on how mobile money has contributed to the digitisation of Kenya’s retail payments systems, fostering financial inclusion and the growth of the mobile ecosystem in the country.