Kenya is one of the largest importers of ๐ ๐ถ๐๐๐บ๐ฏ๐ฎ in Sub-Saharan Africa. The sector is therefore crucial to Kenyaโs economy based on its contribution to employment and as a source for government revenues.
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 ๐ฐ๐ช, contributing to improving their standards of living, provision of basic needs, reduction in overwhelming dependency & in turn reducing poverty levels in the country.
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๐๐ณ๐ข๐ฆ๐ข๐จ ๐ฆ๐๐ง๐ข๐๐๐ฌ๐ญ๐จ ๐ฅ๐จ๐ง๐ ๐จ๐ง ๐ฉ๐ซ๐จ๐ฆ๐ข๐ฌ๐, ๐ฌ๐ก๐จ๐ซ๐ญ ๐จ๐ง ๐๐๐ญ๐๐ข๐ฅ, ๐๐ฎ๐ญ ๐ ๐จ๐จ๐ ๐๐จ๐ซ ๐๐๐ฏ๐จ๐ฅ๐ฎ๐ญ๐ข๐จ๐ง- 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.
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.
#Gender disparities in ๐ฐ๐ชโs entrepreneurship cycle are a manifestation of both the historical marginalisation of #women and the structural barriers limiting equal participation in the economy, says @JackyKagume
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.
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
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
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 ๐
RETWEET๐Performance 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
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??