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Industries That Thrived During Covid-19 Pandemic

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December 26, 2020
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Industries That Thrived During Covid-19 Pandemic

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December 26, 2020
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Industries That Thrived During Covid-19 Pandemic
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The Covid-19 pandemic left Kenya’s economy bleeding following dampening effects on domestic activity of the containment measures and behavioral responses, and through trade and travel disruption.The most affected industries included; agriculture, manufacturing, tourism and financial services. However, even during this unprecedented times, there were still companies that benefited.Below are industries which still thrived despite the Covid-19 outbreak in Kenya. Communications Authority of Kenya (CAK) headquarters.Daily Nation 1.) Telecommunication servicesIn March, the government urged Kenyans to stay and work from home. This saw a spike in the number of phone calls made, written messages, use of the internet and heavy media consumption.There was also a surge in the number of Kenyans who asked to have internet services installed at their homes.Staying home only meant that consumers spent more time streaming videos on Youtube, watching movies online and holding meetings through teleconferencing.2.) Delivery companiesTo reduce face to face interactions, a number of Kenyans opted to have food and other items delivered to their homesteds.In particular, food delivery gained popularity following the orders banning restaurants from allowing patrons to eat in-house. A delivery service provider using a motorcycle to ferry goodsFile The firms make their money from the charging money they get from the delivery. The payment depends on the distance where a particular service is being delivered.3.) Food and essential goodsA report by Agusto & Co. Limited classified this particular sector as one that would face little to none of the negative impacts of Covid-19.The report predicted that the surge in demand for the items would hold until the second part of the year.4.) Plastics manufacturersIt was a requirement for businesses to invest in make shift sinks to meet the government’s directive of washing hands regularly.A makeshift tap was spotted outside most small businesses where shoppers were required to wash hands before they proceeded in the shops.Due to the huge demand of the supplies, most of the sellers increased the prices and cashed in on the profits.5.) Pharmaceutical shopsThe demand for essential and pharmaceutical goods surged as Kenyans continued to buy items both for precautionary and reactionary motives in March and April 2020.During these period, more health care workers were employed, personal protective equipment purchased, masks and other medical supplies. A pharmacist attending to his storeFile

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