IEA Kenya Profile picture
Jun 7 โ€ข 5 tweets โ€ข 2 min read
@IEAKenya analysis shows that 91.5% of households buy second-hand clothes (๐Œ๐ข๐ญ๐ฎ๐ฆ๐›๐š) worth Ksh 1000 and below, and 8.5% buy second-hand clothes worth Ksh 1000 and above.

ieakenya.or.ke/download/the-sโ€ฆ
Kenya is one of the largest importers of ๐— ๐—ถ๐˜๐˜‚๐—บ๐—ฏ๐—ฎ in Sub-Saharan Africa. The sector is therefore crucial to Kenyaโ€™s economy based on its contribution to employment and as a source for government revenues.
The Chart shows leading importers and exporters of worn articles into Kenya ๐Ÿ‘‡
ieakenya.or.ke/download/launcโ€ฆ
Second-hand clothes make clothes affordable for all as not all consumers can afford new clothes. For most consumers, #MITUMBA are both trendy and affordable.
Mitumba employ at least 2Mn people. This sector is, therefore, a source of income for millions of people in ๐Ÿ‡ฐ๐Ÿ‡ช, contributing to improving their standards of living, provision of basic needs, reduction in overwhelming dependency & in turn reducing poverty levels in the country.

โ€ข โ€ข โ€ข

Missing some Tweet in this thread? You can try to force a refresh
ใ€€

Keep Current with IEA Kenya

IEA Kenya Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

More from @IEAKenya

Jun 7
๐€๐ณ๐ข๐ฆ๐ข๐จ ๐ฆ๐š๐ง๐ข๐Ÿ๐ž๐ฌ๐ญ๐จ ๐ฅ๐จ๐ง๐  ๐จ๐ง ๐ฉ๐ซ๐จ๐ฆ๐ข๐ฌ๐ž, ๐ฌ๐ก๐จ๐ซ๐ญ ๐จ๐ง ๐๐ž๐ญ๐š๐ข๐ฅ, ๐›๐ฎ๐ญ ๐ ๐จ๐จ๐ ๐Ÿ๐จ๐ซ ๐๐ž๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง- an article by @LeoKemboi & @IEAKwame
#KenyaPublicSquare
#Cynicaldea @IEAKwame and @LeoKemboi aserts that an indispensable requirement for every coalition should do as opposed to the fancy stories it can tell.
In the language of conventional economics thinking, @IEAKwame & @LeoKemboi make the uncontroversial claim that political coalitions should compete on how they can provide public goods as a start & pursue policies that expand the production possibilities frontier for Kenya.
Read 49 tweets
Jun 6
Out: @IEAKenya 's Response to call for comments and questions on CBK Discussion Paper on CBDC.

Read here: ieakenya.or.ke/?wpdmdl=2626
Key criteria to keep in mind for the success of CBDC would include: 1/4

The importance of a detailed market study along with attention to precedence
It will be important that the launch of CBDC be undertaken against the background of an extensive knowledge of consumer preferences in connection with available design features and operational models.
Read 12 tweets
Jun 6
#Gender disparities in ๐Ÿ‡ฐ๐Ÿ‡ชโ€™s entrepreneurship cycle are a manifestation of both the historical marginalisation of #women and the structural barriers limiting equal participation in the economy, says @JackyKagume

orfonline.org/research/gendeโ€ฆ
Recent progress in the legal framework has been suboptimal in closing the gender gaps, as seen in the persistent inequalities in formal employment and the high concentration of unlicensed women-owned enterprises in the informal sector.
The inequalities are evident not only in the registration and formalisation of enterprises but also in the firmsโ€™ operations and management.
Read 4 tweets
Apr 22
Just 10 mins till we start our ๐ญ๐ฐ๐ž๐ž๐ญ๐œ๐ก๐š๐ญ this afternoon.
Follow the conversation using #TrackingOurShillingKE
It is evident from panel (a) that at this point when counties present their budgets, they have met the fiscal rule requirement of ensuring that at least 30% is set aside for development programs and projects #TrackingOurShillingKE
Read 18 tweets
Apr 20
The implementation of the budget at both levels of government requires authorization of the release of funds to spending units by @CoB_Kenya in fulfillment of the requirement of the CoK, 2010 under article 228(4) & (6) according to the approved budget.
ieakenya.or.ke/?wpdmdl=2475 Image
The evolution of the sectoral growth rates indicates that while the tertiary sector is the largest contributor in the economic growth (2018/19 Q3 โ€“ 2019/20 Q3), it is the most volatile, especially having been worst hit in 2019/20 Q4 but recovered the strongest in 2020/21 Q4 ๐Ÿ‘‡ Image
RETWEET๐Ÿ”Performance in spending by sectors for both the recurrent and development expenditure Q1 of
2021/22 was better relative to the same period in 2020/21.
ieakenya.or.ke/?wpdmdl=2475 Image
Read 5 tweets
Apr 7
๐๐š๐ซ๐ญ ๐Ÿ: ๐’๐ญ๐š๐ซ๐ญ๐ข๐ง๐  ๐ข๐ง ๐Ÿ“ ๐Œ๐ข๐ง๐ฌ!!

๐“๐ก๐ž ๐œ๐จ๐ฆ๐ฆ๐ž๐ง๐ญ๐š๐ซ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐…๐˜๐Ÿ๐ŸŽ๐Ÿ๐Ÿ/๐Ÿ๐Ÿ‘ ๐๐ฎ๐๐ ๐ž๐ญ ๐ซ๐ž๐š๐๐ข๐ง๐ 
#KEBudget2022_23
Policy measures for economic recovery in #KEBudget2022_23 should have a keen focus on revenue growth and building of economic resilience due to increased risk exposures from external debt
Theme for #KEBudget2022_23 is "Accelerating Economic Recovery for Improved Livelihood", contextually apt but will it walk the talk??
Read 12 tweets

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Don't want to be a Premium member but still want to support us?

Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal

Or Donate anonymously using crypto!

Ethereum

0xfe58350B80634f60Fa6Dc149a72b4DFbc17D341E copy

Bitcoin

3ATGMxNzCUFzxpMCHL5sWSt4DVtS8UqXpi copy

Thank you for your support!

Follow Us on Twitter!

:(