Informal Business Analysis
The United Nations defines Least Developed Countries (LDCs) as those that exhibit the lowest indicators of socioeconomic development, with the lowest human development index ratings (life expectancy, education, income per capita). Of the 47 countries that are currently designated as LDCs, 33 are African. The Least Developed Countries Report 2018, a publication of the United …
Continue reading “Growing trade in the world’s least developing economies”
Understanding China’s Poverty Eradication Model The international poverty line of purchasing power parity (PPP) stands at USD 1.90 per day. Based on this parameter, from 1981 to 2013, China lifted 850 million people out of poverty, with the percentage of people living in extreme poverty falling from 88% to 1.85%. The country has also contributed …
The Kenya National Bureau of Statistics in conjunction with Statistics Sweden launched a booklet called Women and Men in Kenya. The booklet represents indicators focusing on areas such as population, health, education, employment, domestic violence and Persons with Disabilities (PWDs). It notes that women provide 80 percent of Kenya’s farm labour and manage 40 percent …
Impact investments are investments made into companies, organizations and funds with the intention to generate social and environmental impact alongside a financial return. The Global Impact Investment Network (GIIN) states that this sort of investment provides capital to address the world’s pressing challenges in sectors such as microfinance, sustainable agriculture, renewable energy, conservation and affordable …
In a research article published in the Arts and Social Sciences Journal entitled Economic Informal Sector and the Perspective of Informal Workers in India, the authors explore various dynamics that characterise the informal economy. Some of these include aspects covering job security, social security, rural urban migration, child labour, and exploitation of working women. They …
In a quest to formalise informal businesses, there are certain factors that stand in the way of this goal. It is clear that a good number of informal enterprises operate the way they do due to the underlying socio-economic background in which they find themselves working. For example, most of these are formed in areas …
The informal economy is characterised as micro and small businesses whose main reason for being established is that they offer an escape route from the tough economic conditions under which the entrepreneurs live. During the past decade, the sector’s growth has mainly been propelled by the shrinking availability of formal employment opportunities. This limited access …
During the past decade, there has been a rise in the number of people pursuing alternate means to employment as a means of raising their living standards. This can be largely be attributed to the high levels of unemployment as well as the rising number of people that are engaged in poor quality jobs. The …
(Source: https://images.theconversation.com/) Informal businesses have often been perceived in a negative light. They are seen to be high risk ventures, a nuisance to formal enterprises and government as well as being of little assistance to the growth and development agenda of most nations. This is due to the fact that most of them have haphazard …
Insights from the Jua Kali Sector (source: https://debunk.media/) I recently held a meeting with the Chairman of The Jua kali Association (Kamukunji), Mr Eliud Mbiyu in Nairobi to find out what growth opportunities lie in their way and the challenges they face when trying to achieve these. The association is a non-profit umbrella body that …
Continue reading “Interview with the Chairman of Jua Kali Association (Kamukunji)”
Research Resource 