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Cashflow: Pubs, local shopkeeper are bigger lenders than banks


NEWS
During that time of the month when pockets were painfully dry, I queued behind peers at the local village shop and waited for my name to be inked in the debtors’ book. Minutes later, I would be hurtling down the dusty path home, a bag of maize flour in one hand and a sachet of tea leaves in the other. This without having touched money in weeks.
Years later, my father opened a small shop. It was my turn to write down names in the debtors’ book, the black book that could ruin the reputation of the debtor or the financial stability of the creditor. This ageless practice, people taking goods from shops on credit, is arguably the country’s most underrated support for livelihoods in the countryside.   ....

Rift Valley , Patrick Wameyo , Nathaniel Kamau , Financial Academy , Kenya National Bureau Of Statistics , Kenya National Bureau , Financial Sector Deepening Kenya , பிளவு பள்ளத்தாக்கு , நிதி கலைக்கழகம் , கேந்ய தேசிய பணியகம் ஆஃப் புள்ளிவிவரங்கள் , கேந்ய தேசிய பணியகம் , நிதி துறை ஆழப்படுத்துதல் கேந்ய ,

The New Humanitarian | The 2021 Fragile 15: Upheavals in a time of COVID


The 2021 Fragile 15: Upheavals in a time of COVID
After a pandemic year, the concept of “fragility” seems more relevant than ever. As the rankings in this year’s annual Fragile States Index (FSI) suggest, global emergencies such as COVID-19 can expose the fault lines that feed assumptions about what fragility is, which states are fragile, and what resilience looks like in the face of crises.
Drawing on our first-hand, on-the-ground reporting, we offer a glimpse at the lives behind the FSI data in three categories: The five most fragile states; five with notable increases or decreases in fragility; and five that are dealing with key humanitarian crises. We hear from Yemenis struggling to buy food for their families, from Syrian refugees in Lebanon confronting spiralling inflation, from asylum seekers at the southern US border dealing with Trump-administration policies put in place during the coronavirus pandemic – policies that effectively cut off access to asylum. ....

South Sudan , Central African Republic , United States , Ma Rib , United Kingdom , Wilayat Junqoley , Nairobi Area , Port Au Prince , Croix Des Bossales , Extreme Nord , Ephraim Liripa , Edmund Yakani , Ngalan Luryen , Mark Lowcock , George Floyd , Gisele Nader , Anna Korok , Bashar Al Assad , Nate Haken , Ahmad Jaas , Jovenel Mo , Zanabi Fasaha , Uhuru Kenyatta , Seham Al Abrash , Nora Mart , Susan Chota Cora ,

Inequality mars economic resilience

Inequality mars economic resilience
businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.

Nairobi Area , Financial Sector Deepening Kenya , Deep Sea , நைரோபி பரப்பளவு , நிதி துறை ஆழப்படுத்துதல் கேந்ய , ஆழமான கடல் ,