Discover and read the best of Twitter Threads about #wcd2021

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Whenever there is a discussion regarding reinvigorating the business environment in Kenya, they inevitably pivot to the fact that MSMEs contribute about 34% of the GDP and employ about 15M people. - @CAK_Kenya

#WCD
#WCD2021
Unfortunately, a fifth of these small firms fail in their first year and just a third survive past their tenth birthday.
The survival rates are attributed to hurdles disproportionately facing SMEs such as unfair competition practices including incidences where buyer firms with superior bargaining power delay payments, impose unfair contract terms or transfer costs when dealing with suppliers.
Read 23 tweets
Today is the World Competition Day #WCD which is marked annually to promote public understanding of competition enforcement and benefits to consumers.

#WCD2021 Theme: Competition Policy for an Inclusive and Resilient Economy. Image
According to OECD, "...competitive markets are key drivers of economic growth, productivity and are valuable channels for consumer welfare..."

#WCD2021
Competition policies are meant to promote inclusiveness by boosting healthy business rivalry in a country's most relevant sectors that touch on the majority of households' basic needs.

#WCD
#WCD2021
Read 8 tweets
Competition Authority of Kenya aka @CAK_Kenya was established by Competition Act No.12 of 2010 with the objective of enhancing the welfare of Kenyans by promoting and protecting effective competition in markets and preventing misleading market conduct throughout Kenya. #WCD2021
The Competition Act no.12 of 2010 that establishes @CAK_Kenya [pdf] bit.ly/3rtT7eN

#WCD2021
Our role is to protect, strengthen and supplement the way competition works in Kenya markets and industries to improve the efficiency of the economy and to increase the welfare of Kenyans. - @CAK_Kenya

#WCD2021
Read 6 tweets
Our #WCD2021 event on #COVID19's impact on global cancer services starts in 10 mins!
 
Join @rafaelmgrossi, @IAEANA's M.Abdel-Wahab, @iaeapact's @LisaSglobal, @gjmdhoop, @XavierSticker, @AzzeddineFarha1 & 🇮🇩's S.Gondhowiardjo.
 
📺bit.ly/36GkuqM Image
“This event is an opportunity to be reminded of where we are — we don’t stop for a single minute, and when it comes to cancer we can’t stop,” says @rafaelmgrossi, emphasizing the IAEA has been extremely active in supporting its Member States during the pandemic. #WorldCancerDay
#Radiotherapy has been an optimal treatment option during the #COVID19 pandemic for cancer patients b/c it doesn't compete for in-demand hospital resources such as intensive care unit beds & is amenable to treatments w/ shorter regimens of radiation.” — @IAEANA's May Abdel-Wahab
Read 8 tweets

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