Sharp Daily
No Result
View All Result
Wednesday, December 10, 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

Tanzania’s independence day 2025: a nation mourns as celebrations give way to crisis

December 9, 2025
World Bank says Kenya Is shielding state firms from market realities

World Bank warns Kenya against shielding state firms from market competition

December 9, 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

Role and Impact of Private Equity in Modern Financial Markets

December 9, 2025
News

Kenya’s banking sector: Resilience amid slow growth and rising costs

December 9, 2025
News

The quiet world of micro private equity

December 9, 2025
News

When Cash on the Balance Sheet Becomes a Liability

December 9, 2025
News

Teaching Financial Literacy in Kenyan Schools and Households

December 9, 2025
News

How Central Bank Digital Currencies Could Change Finance

December 9, 2025

LATEST STORIES

Role and Impact of Private Equity in Modern Financial Markets

December 9, 2025

KCB m-Pesa: Transforming digital lending and savings for kenyans

December 9, 2025

Kenya’s banking sector: Resilience amid slow growth and rising costs

December 9, 2025

The quiet world of micro private equity

December 9, 2025

When Cash on the Balance Sheet Becomes a Liability

December 9, 2025

Teaching Financial Literacy in Kenyan Schools and Households

December 9, 2025

How Central Bank Digital Currencies Could Change Finance

December 9, 2025

Competition in the Kenyan Banking Sector: The Market Share Standoff Between the Tier 1 and Tier 2/3 Banks

December 9, 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