Wednesday, July 29, 2020

Turkey: A new player in Killer Drone Arena

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Nikhita Gautam

Article Title

Turkey: A new player in Killer Drone Arena

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Global Views 360

Publication Date

July 29, 2020

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Bayraktar TB2—Turkey’s first indigenous produced armed drone

Bayraktar TB2—Turkey’s first indigenous produced armed drone | Source: Bayhaluk via Wikimedia

It is almost two decades since the military drone (Unmanned Aerial Vehicle --UAV) was used by any country (The USA) for aerial attack in a combat mission. It has led to a rush among the countries to acquire military drones through indigenous development programs or import from other countries.

Turkey tried to import the military drones from the USA and Israel but the product which it got was not up to the mark. After experiencing the difficulties in importing effective military drones, Turkey, through its robust private sector defence industry, started serious work to develop indigenous capability around 2010.  This focus paid off and in less than a decade Turkey became a major player in the production and export of military drones.

Bayraktar TB2 is Turkey’s first indigenously produced armed drone. It is developed by a private company “Baykar Makina.” This drone can fly at an altitude of 24,000 feet for up to 24 hours and relies on ground control stations for communication. With a range of up to 150 kilometres, it can carry a payload of 120 pounds and has become the backbone of its unmanned air force

The other heavier and satellite-linked military drone is ANKA-S which made its operational debut in 2019 during the battle over Idlib in Syria. It is manufactured by Turkish Aerospace Industries which is the giant of defence production in Turkey. It can fly for more than 24 hours carrying a 400-pound payload, and has the ability to detect, identify and track ground targets.

As of March 2020, Turkey has around 130 armed drones belonging to different versions of Bayraktar TB2, ANKA, and Karayel in service. These drones were critical in Turkey’s strikes against the Kurdish rebels and regime forces in Syria. Turkish drones were also credited to swing the momentum in the favour of UN recognised Libyan government against the onslaught by the renegade strongman; General Haftar led Libyan National Army in Libya

A report published by C4ISRNET, a publication that covers technology for defence and intelligence communities, said “Turkey’s decision to send a mass-coordinated UAV attack points to its availability of options It also stated that "Turkey joins the United States, United Kingdom, France, Israel, China and Iran as drone-armed nations."

As a logical extension to expanding drone programs Turkey has started looking for the opportunities in the competitive global market for military drones. It has so far exported the drones to Qatar, Ukraine, and Azerbaijan and is reportedly in talks with Pakistan, Indonesia, and Tunisia for the same.

The rapid advancement in the design, development, deployment, and export of killer drones has put spotlight on Turkey as a new player in a fiercely contested arena which is so far dominated by established heavyweight players.

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February 4, 2021 4:48 PM

Kenyans turning to mobile loans in times of COVID-19

The economic impact of COVID-19 is felt on the personal finance of people across the world who are looking for ways to tide over the situation. In Kenya, people are lapping the short-term credit in the form of digital loans by mobile money operators. The number of people taking digital loans has doubled during the COVId-19 induced lockdown period.

Boston Consulting Group's Consumer Sentiments Survey conducted in April and May 2020 reported that "In May, 29 percent responded that they had taken out a short-term loan, compared to 16 percent in April. Mobile money operators were the most common sources of this credit”

Kenya is a pioneer in using mobile money transfer services as the key tool for providing financial inclusion to its citizens. A simple money transfer service, M-PESA launched in 2007 has transformed the financial service industry in Kenya. Today mobile money operators are providing multiple services like digital loans, marketplace for small businesses and farmers.

Digital loans are easy to process and disbursed but there are concerns of shaming the defaulters and compromising the data security of clients. The Digital Lenders Association of Kenya (DLAK) which is a body representing the digital lenders of Kenya has distanced from two of their members, Okash and Opesa over unethical practices. These mobile apps have shared the details of defaulting customers with the moneylenders and asking them to recover the money.

DLAK also stated that Opesa and Okash are known for attacking a client's data privacy which is against the Kenyan data protection laws and has additionally spoiled the reputation of digital leaders in Kenya.

In April 2020, Central Bank of Kenya barred unregulated digital mobile lenders from forwarding the names of loan defaulters to credit reference bureaus. A huge number of Kenyans have been recorded on Credit Reference Bureaus by digital money lenders for loans as little as $5.

Central Bank of Kenya governor Patrick Njoroge told during a press conference in May 2020 that the central bank in consultation with the mobile money operators and digital lenders is presently working to develop a model where the borrowers are protected from mistreatment of online moneylenders.

The borrowers are looking up to the regulatory authorities and the industry bodies to come up with a mechanism which will protect their interest in times of such a health and economic emergency.

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