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Kenyans in eleven countries to vote in next year s election

Kenyans in eleven countries to vote in next year s election
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Scarce jobs force more Kenyans to try luck in self-employment

The World Bank report noted that the instances of self-employment are more among people with lower levels of education. The situation has been compounded by Covid-19, which resulted in job losses across sectors, with people resorting to opening up their businesses. “Overall self-employment (both in and outside of the agriculture sector) increased from 39 per cent in 2005 to 43 per cent in 2015/16, and then 58 per cent by 2019. Labour market The share of self-employment has increased more among lower levels of education, suggesting a bifurcation of the labour market – with greater reliance on self-employment among the less educated,” said the World Bank in the just-published Kenya Economic Update.

More Kenyans should venture into business

More Kenyans should venture into business Friday January 29 2021 Summary According to the Kenya National Bureau of Statistics, more than 1.7 million Kenyans lost their jobs in the first three months of the pandemic. Having glocal businesses ensures that the resources circulate within the country, resulting in a boost in the economy. The boost is possible as glocal businesses ensure that resources remain within the nation, instead of having multinational companies, where a large percentage of the resources are moved back to their respective home countries. Growing and nurturing local businesses is critical for the health and development of a nation. With a conducive working environment that allows for local companies to scale, glocalisation should be a priority to our country.

More Kenyans perish in road accidents compared to Covid-19

These deaths on the road come despite reduced travel as a result of the partial lockdown imposed earlier this year due to Covid-19, the ongoing curfew, and more people working from home. A closer look at the traffic data as of December 13, 2020, reveals that fatalities have increased compared to the same time in 2019. General statistics documented by the police and the NTSA show that road fatalities between January and December this year stood at 3,663, compared to 3,508, during the same period last year. According to NTSA statistics, there was an increase of 9.4 per cent of the fatalities on the road compared to last year.

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