Take steps to special skills after graduation
Tuesday December 29 2020
Summary
Data suggests that 54.95 percent of the 2.15 million people aged between 20 and 34 who were out of work did not attempt to look for a job, four weeks to the end of September.
We cannot afford to have youth idling yet they represent a significant untapped resource of productivity and talent. With the right support and training, they can benefit businesses and communities.
Failure to employ this population has devastating implications.
The Kenya National Bureau of Statistics (KNBS) has reported that about 1.8 million jobs were created in the three months to September, but the youth got a raw deal.
An aerial view of the on-going Nairobi Expressway project along Mombasa Road
File
In the wake of the Covid-19 pandemic which has seen massive job losses, infrastructure projects including the construction of the Nairobi Expressway have helped in job creation for Kenyans.
According to a year-end review by the National Construction Authority (NCA), the Ksh 65 Billion elevated road saw to the creation of 3,000 jobs.
NCA director general
Maurice Akech noted that the employment opportunities from the 27KM road were helping many households earn income.
National Construction Authority (NCA) Executive Director Maurice Akech speaking at a past event.
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“The expressway employs about 3,000 workers during its construction and will employ about 500 workers during operation.
Highest Paying Jobs in Kenya 2020 - Report
Job seekers in Kenya.
File
Teachers and employees in the financial field dominated the list of highest-paying jobs in Kenya for the year 2020.
The latest Economic Survey Report 2020 published by the Kenya National Bureau of Statistics (KNBS) detailed the latest situation in Kenya s job market. The highest-paying jobs are concentrated in the private sector, which had 86.2% or 73,099 of all top earners. The public sector, including parastatals, national and county governments employed 11,798 of those taking home the largest paycheques, reads an excerpt from the report.
Kenya s education sector accounted for the lion s share of individuals earning above Ksh100,000, with 17,708 representing administrators, lecturers, and secondary school teachers.
KRA Shocker After Data on Kenyans Who Earn Over Ksh100k Salary
KRA Boss James Githii Mburu speaks at a conference in 2019
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The Kenya Revenue Authority (KRA) faces an uphill task as the curtains draw on the first half of the country s 2020- 2021 fiscal year.
A report released by the Kenya National Bureau of Statistics (KNBS) on December 24 revealed that the taxman since the start of the current financial year had collected revenue totalling Ksh1 trillion translating to Ksh200 billion for the five months leading to November 30.
However, only Ksh527 billion of the entire sum was obtained from tax revenues. Of the remainder; domestic borrowing accounted for Ksh 360 billion, external loans Ksh26.2 billion and non-tax revenue topped up the remaining Ksh37 billion.
THE STANDARD By
Frankline Sunday |
December 29th 2020 at 00:00:00 GMT +0300
CBK Governor Patrick Njoroge at a past press briefing. [File, Standard]
The government is pushing for interoperability among digital financial service providers to encourage the adoption of cashless transactions.
This is according to the latest Central Bank of Kenya (CBK) policy document detailing new proposals that could significantly affect banks, mobile telecommunication firms and financial technology firms (fintechs) operating in the country.
“Though the industry moved to enable interoperability of mobile wallets in 2018, this is limited to only person to person (P2P) payments, and is yet to be expanded to both merchant and agent interoperability and even to work seamlessly at P2P,” explains the CBK in the draft report dubbed Kenya National Payments System 2021-2025.