Software piracy, counterfeiting big headache for genuine tech companies

Piracy and counterfeiting is a headache for genuine tech companies, who loose large market and revenue share to illicit trade.

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Kenya has one of the highest levels of creation of software technologies in Africa. Unfortunately, Kenya also has one of the highest levels of software piracy and software counterfeit in Africa, standing at a shocking rate of 78 percenr.

Software piracy and counterfeiting cause a lot of economic harm to genuine software companies. Some of the economic harm is the loss of market share to counterfeiters, which eats into the revenue margins of the genuine tech companies.

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