Economics

The Intrigues of Government Financing Schemes in Kenya

Over the years, developing countries have time and time again established financing schemes, targeting women, the youth and people with disabilities, to propel and champion for inclusivity and participation from these groups, towards attainment of national socio-economic development goals. This is peculiarly evident during electioneering periods by presidential candidates who seek favor and recommendation amongst …

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Implications of Digital Lending Regulation in Kenya

On 23rd December 2021, the CBK Amendment Act 2021 empowered the Central Bank of Kenya to regulate, license, supervise and oversee operations of non-depositing taking digital credit providers (DCPs). Previously, operations from these players were unregulated and all they needed was a business permit. With over a hundred players in the market and their appealing …

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 Rethinking Dependency on Oil in Kenya’s Private Sector

The production and consumption of oil as the most reliant source of energy has been a bittersweet experience globally. Dating its history from the 1840s, human beings have warranted the use of oil energy as efficient, inexpensive and easy to transport. Oil first made its appearance as a naturally-occurring product in the form of bitumen, …

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Intricacies Surrounding the Implementation of EAC’s Integration Agenda

Over the years, different Regional Economic Communities in Africa have taken precedence and familiarity, with the aim of addressing social, economic and political concerns, paramount to the development of the region. The REC differ by region integration, vision and mission and operational structures. However, the objectives remain more or less the same, in comparison with …

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Financial Needs of the Gig Economy in Kenya

The gig economy has experienced rapid growth patterns in recent years, owing to convenience in flexible working schedules adopted by consumers and suppliers of labor locally and globally. To understand the trajectory of the gig economy, it is important to highlight critical historic characteristics of the ‘traditional worker’. The traditional worker is a permanent employee, …

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