Sharp Daily
No Result
View All Result
Saturday, June 7, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Is Devolution The Solution To Economic Decentralization?

Anslem Murimi by Anslem Murimi
February 10, 2023
in News
Reading Time: 2 mins read
Economic Growth

Economic Growth[Photo/Courtesy]

In December 2021, Nakuru became Kenya’s fourth city, 25 years after Kisumu City received this designation and 11 years after the new Constitution of Kenya was promulgated. 

Additionally, over the last decade, we have seen an expansion of Java House Africa outside Nairobi, with Artcaffe Kenya soon to open its first restaurants beyond Nairobi.

While the opening of coffee shops beyond the capital city may not be a universally agreed upon or academically accepted economic indicator, they are signs of urbanization outside Nairobi, a consequence of devolution

As Germany proves, decentralization can promote public participation and allow for more even distribution of wealth and quality of life in the country. Considering that Mombasa and Nairobi, the smallest and third smallest counties in Kenya by size, contribute 5.2% and 27.5% to Kenya’s GDP respectively, indicates that devolution is the right path for the country.

RELATEDPOSTS

International Monetary Fund

How Kenya’s move away from IMF Loans could reshape its economic future

May 26, 2025

Digital lending in Kenya: Convenience meets controversy

May 16, 2025

Read: Government’s Target To Deliver 200,000 Affordable Housing Units Annually Too Ambitious

An argument can be made that these are some of the largest counties in Kenya by population, but this is a chicken and egg scenario, as a lead cause for rural-urban migration in Kenya is the pursuit of education and employment opportunities, particularly by Kenyan youth from rural areas.

This means that economic development through urban decentralization as a result of the devolution process would not only provide these opportunities in those areas but also reduce the congestion of major cities in the country such as Nairobi by reducing the incentive for rural-urban migration.

With the absence of a Devolution ministry in the current administration, there is some foreseen development of this agenda as it signals an evolution of the devolution mandate from one handled and supervised by the central National Government to one that counties undertake themselves purely through using their increased powers to increase development.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Reasons Why You Should Advertise Your Business

Next Post

The Kenya Mortgage Refinance Company (KMRC) As A Vital Resource In Advancing Affordable Housing Finance

Anslem Murimi

Anslem Murimi

Related Posts

News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025
News

Leadership challenges at the University of Nairobi

April 24, 2025
News

Easter eggs and earnings: Growing your nest egg with CMMF

April 16, 2025
News

Geoffrey Ruku declares KES 377M net worth during CS vetting

April 15, 2025

LATEST STORIES

How Kenya’s E-Mobility shift could redefine urban planning

June 5, 2025

Economic liberators are the real heroes and heroines of the year

June 5, 2025

Affordable retirement planning for small businesses with CURBS

June 5, 2025

How Kenyan banks can modernize without marginalizing

June 4, 2025

Human rights concerns over activists’ treatment in Tanzania

June 4, 2025

Decoding stock-based compensation

June 4, 2025

Comparative advantage is the secret to real economic take off

June 4, 2025

Understanding inflation and its impact on everyday life

June 4, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024