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Kenya eyes full reopening of its Economy in December

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A small country in Eastern Africa, Kenya will reopen its full economy in December. These are some trending rumors. It will depend on the number of Covid-19 cases. Almost a quarter of the country has gotten the vaccine and the process is still on.

 

In 2020, the country’s economy went down by 0.3% due to the pandemic. The Bureau of Statistics showed how half of the population lost their jobs as other businesses closed down. The major problem Kenya is experiencing is the unemployment rate of youths.

Lecturer at Kibabi University, Dr. Catherine Laura Mamula, spoke about the restrictive measures imposed in the country. By now, almost 60% of the business are running normally. But some are tied to restrictive measures of the Covid-19. A quarter of the businesses carried out at night are not running because the country has imposed a 10:00 pm curfew until 4:00 am.

 

As per the jobs available in the nation, 17% of them are from formal sectors including the government and non-governmental organizations. 83% come from informal sectors. It was during the pandemic that people came up with new ideas.

 

The African news reporter met Jua Kali heads from Nairobi. The man talks about the productivity of the Jua Kali industry to people. A large population of the country depends on this business. It has employed more youth compared to white-collar jobs. In his category, the man has managed to employ people from poor backgrounds as long as they are ready to learn. It’s through baby steps that youth becomes more creative.

 

Jua Kali industry has helped young youth come up with innovative ideas that have won projects worldwide. The country is moving towards industrialization. Young graduates have dedicated their time to invest in their own minor companies. It’s the best thing one can ever imagine. When you start early you win early.

 

Kenya is one of the leading nations in Technology among African countries. Recently, the major Telcom network, Safaricom, launched the 5G network. Ideas like the M-Pesa transaction were from young University students. Currently, it’s the leading mobile money transfer in the world. Even European countries like Germany, the USA, and India have employed M-Pesa money transfers. This is an added advantage as it earns the country much respect.

 

Despite being hit by the Covid-19, the country is at an upper hand to evolve its economy. The dropdown has been restored. President Mr. Muigai Uhuru Kenyatta has promised to pump money into various projects to boost the economy. The transport sector has gained the biggest share while distributing funds.

 

All the schools have re-opened, and few cases are being reported. However, the president decided to carry forward the night curfew for another 60 days to protect its citizen. The virus is said to transmit faster at night, hence the evolution of night curfew measure. Some people are already tired putting on the masks. But they have to because it is going to be the norm unless there is total completion of the virus.

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