Mihr Thakar @mihrthakar Channel on Telegram

Mihr Thakar

13 Nov, 10:33

Developing regions borrow at rates that are 2 to 4 times higher than those of the United States and 6 to 12 times higher than those of Germany.

Borrowing costs increase the resources needed to pay creditors, making it difficult for developing countries to finance investments.

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Mihr Thakar

13 Nov, 10:33

An Increase in Cybersecurity Threats In Kenya.

During the three-month period between April and June 2024 1.1 billion cyber threat events were detected, which represented a 16.50% increase from the previous period (January to March).

During the three month period April to June 2024, 99,294 mobile application attack attempts were detected targeting end-user devices. This represented a 42.01% decrease from the previous period, January to March 2024.

During the period, the perpetrators of mobile application attacks mainly sought to steal sensitive user data such as personally identifiable information, login credentials and financial details for malicious purposes.

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Mihr Thakar

12 Nov, 10:49

It takes significantly longer to move goods within poorer countries.

Shippers care not only about the transport price but also about the transport time and reliability, which affect inventory and hedging costs.

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Mihr Thakar

12 Nov, 10:35

Firms in the industrial sector cite
the need for technical skills.

There is still much room for Kenya to catch up with top performers such as the Philippines and Malaysia, whose shares of science and engineering graduates among those completing tertiary education are almost double that of Kenya.

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Mihr Thakar

23 Oct, 11:13

Tonight at 7pm on X Spaces. Set your reminder here: https://x.com/i/spaces/1mnGeAWlyOZGX

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Mihr Thakar

20 Oct, 05:32

Nationally, 1.5% of employed Nigerians spent as little as 1-9 hours, and 46.8% spent Above 48 hours at work.

This trend was observed among
both male and female workers in the country.

Typically, the combined proportion of Nigerians that worked between 1-9 hours (1.5%) weekly in the last 12 months and 4.8% that worked between 10-19 hours, was significantly low when compared to those that worked for 20-39 hours, 40-48 hours and Above 48 hours each.

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Mihr Thakar

20 Oct, 05:27

Kenya has high levels of firm creation. The new business density (the number of newly registered establishments per 1,000 working-age people) is 1.5 in Kenya.

There is also a high rate of exit of firms: 30 percent of all MSMEs in Kenya are only one to two years old.

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Mihr Thakar

14 Oct, 06:32

The share of global innovator subsector exports increased from 12% of services exports in 2005 to 32% in 2017.

This increase was largely driven
by growth in finance and insurance exports, which accounted for 18% of Kenya’s services exports, and was only surpassed by transportation and storage exports (38%).

In comparison to its peers, only Ghana outperformed Kenya in share of services exports from global innovator subsectors in 2019 (Nayyar, Hallward-Driemeier, and Davies 2021).

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