EMerging Equity
Anzetse Were
The Economics Of The Teachers’ Strike In Kenya
By Anzetse Were Kenya has been in the throes of a teacher’s strike rooted in the fact that government has failed to pay teachers a 50% pay raise despite being ordered to do so by the courts. Government’s argument is that they don’t have money. What does government mean when they say they don’t have … Continue reading
The Missing Middle Of Africa’s Economy
By Anzetse Were The World Bank makes the point that the structural economic transformation in Africa is not following the path that other developing countries have followed as they expanded and sophisticated their economies. To put this statement into context, different sectors of the economy contribute to GDP growth and these are typically characterised as … Continue reading
Kenya Shilling Depreciation Squeezes CBK On Monetary Policy Options
It is no secret that the Kenya shilling has been tanking, nearing 106 to the US dollar last week. Bear in mind that this is not the lowest the shilling has ever reached; KES reach USD 107 in October 2011. However, conditions now are different and have informed the anxiety about the depreciation of the … Continue reading
Is Pan Africanism Economically Viable?
Last week Kenya hosted the Eastern Africa Region Pan African Congress and later this week will host the NEPAD APRM Summit which is rooted in the notion continental unity and cooperation. This is therefore a good time to take stock on how economically viable Pan Africanism, loosely defined as the ideology of African unity, is … Continue reading
Why Africa Should Be Looking At China Right Now
There are a couple things happening in China right now that Africa should be looking at very keenly. We won’t talk about Black Monday here because what happens on the Chinese stock exchange does not necessarily directly speak to the impact China’s economy has on Africa. Let’s talk about what really matters for Kenya and … Continue reading
Uganda Isn’t The Problem In The Kenyan Sugar Row
The headlines have been full of the sugar row unfolding across Kenya. Why is Kenya importing sugar from Uganda? Should the sugar industry be protected? What about the livelihood of sugar farmers? Sadly this issue has been politicised and muddied what the focus of the conversation ought to be. So let’s deal with a few … Continue reading
Kenya: The Dualism Conundrum
Kenya, like many other African countries, has a dualism issue in the structure of its economy that informs the patterns of the economic development of the country. Although there are several forms of dualism active in the Kenyan (and African) economy, the article will focus on formal vs. informal dualism. The formal sector of the … Continue reading
Africa Rising Narrative: All Hype?
Africa has grown used to negative images being relayed all over the world through media houses, social media sites, documentaries and even Hollywood movies. These bloody Africans, the commentaries seem to say, why can’t they just get it together? Ebola, famine, corruption, civil wars, fleeing refugees…the list is endless. So you can imagine the great … Continue reading
Kenya’s Real Debt Issue; And It Is Not The GDP To Debt Ratio
The International Monetary Fund (IMF) and World Bank recently raised the red flag over debt, stating Kenya must put a tight lid on it to keep its economy on a steady growth path. According to the Business Daily, Kenya’s debt load crossed the 50 per cent of gross domestic product (GDP) mark to stand at … Continue reading
Africa: Obama Visit Has More To Do With US Interests Than Kenya
US President Barrack Obama will be in Kenya this week. It is a good time to take stock of the economic relationship that emerged between Kenya and the US during his administration. By Anzetse Were One major thing that the Obama administration has done is to begin catching up with the rest of world in … Continue reading
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