Blogs

Critical Success Factors in the Implementation of the MSME Credit Guarantee Scheme

Introduction Access to affordable and quality credit is a major challenge for Micro, Small and Medium Enterprises (MSMEs) in Kenya. The MSME survey conducted in 2016 revealed that about 29 per cent of MSMEs closed their establishments because of shortage of operating funds. The situation has been worsened by the COVID-19 pandemic, which has exposed …

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Resetting the Business Model for Hotel Industry in Kenya: Lessons from COVID-19 Pandemic

Introduction The hotel industry is one of the sub-sectors in the tourism sector envisioned to deliver on the 10 per cent annual economic growth as projected in the Kenya Vision 2030. Its contribution to real Gross Domestic Product (GDP) has been, on average, 1 per cent over the last 10 years. In addition, the industry …

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Kenya’s Public Debt with the COVID-19 Pandemic

Introduction The COVID-19 pandemic has seen countries experience weakening fiscal buffers at a time when fiscal injection is required to stimulate aggregate demand. Without adequate revenue mobilized, the only option for the Kenya government is to borrow to stabilize the economy. Public debt stock increased by 16.82 per cent between March 2020 and March 2021. …

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Kenya’s Roles and Priority Objectives at the United Nations Security Council for 2021-2022

Kenya commenced its two-year term (2021-2022) non-permanent seat at the United Nations Security Council (UNSC) in January 2021. Kenya campaigned for the seat on a 10-point agenda, namely: building bridges; regional peace and security; peace support operations; countering terrorism and prevention of violent extremism; humanitarian action; justice, human rights and democracy; women, peace and security; …

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The Contribution of Public Service in the Kenya Development Process: Key Points for Consideration

  Public service is central to achieving sustainable development. It provides public goods and services such as infrastructure, education, health, law and order, and security. Further, public service implements public policy key among them the development of policy. At the community level, acts of public service have seen different communities protected from extinction through protection …

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Data source: Annual Public Debt Reports, National Treasury, 2010-2020

Dynamics of Domestic Debt in Kenya: Composition, Risks, and Financial Market Stability

Introduction Domestic debt is that part of public debt that is payable to creditors within the country. In Kenya, domestic debt is composed of treasury bills, treasury bonds, pre-1997 government overdraft at the Central Bank of Kenya (CBK), tax reserve certificates and commercial bank advances. Treasury bills and treasury bonds have on average accounted for …

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Leveraging on ICT to promote innovations amongst MSMEs in Kenya

There is a growing pool of literature establishing ICT as an enabler of innovation. For example, a 2019 KIPPRA study on The Role of Information Communication Technologies (ICT) in Innovation in Kenya’s Micro, Small and Medium Establishments[1], found that ICT stimulates innovation; specifically, the use of mobile phones and mobile money, websites, computers, tablets and …

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