DOCSLIB.ORG

KDIF Report Text Page

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
KDIF Report Text Page Design and Print by BT Graphics Ltd | Photography by BT Graphics Ltd | Designer and photographer: Buky Taiwo | T +44(0)208 830 0763 F +44(0)208 451 5503 TABLE OF CONTENTS Foreword 2 Introduction 3 Objectives of the Forum 4 Becoming a Diaspora 4 Current Engagement by the Diaspora 6 Diaspora-Challenges 8 Recommendations from the Diaspora 9 Responses from Kenya 10 Acknowledgement of the Role of the Diaspora to Kenyan's Economy 10 Calls for Institutionalising Diaspora networks 10 Government Initiatives 11 Private Initiatives 12 Capital Market 12 Insurance Products 12 Real Estate 12 Banking Sector 13 Recommendations 15 Governments 15 Private Sector 15 Appendix 16 Agenda 16 Key Presentations 18 Hon. Amos Kimunya MP Mr. Peter Kahara Munga 28 Mr Dick Gold 29 Mr John Wilkins 31 Toboka- Nkhwa 32 Ms Susan Kikwai 33 Gabriel Rwamba 34 Mr Lee G Karuri 34 Mr Frank Irei 35 Ms Carol Musyoka 36 Mr Jimnah Mbaru 38 Mr Eddy Njoroge 40 Dr. Ongon'ga Achieng' 41 Evaluation 43 Notes 44 AfricaRecruit permits reasonable rights of use of the content and preserves the right to be acknowledged FOREWORD fiscal and governance reforms all of thanks go to the Commonwealth which impact on Kenya's prosperity. The Secretariat and Africa Recruit for the Minister further pointed out that areas involvement in hosting the conference. for investment with higher returns were The Equity Bank of Kenya was central in sectors such as Agriculture, tourism, in ensuring engagement with the manufacturing, telecommunications, Kenyan diaspora. I am also grateful to infrastructure development, housing Hon. A. Kimunya the Kenya Minister for and real estate. He also noted that the Finance for coming to open the private sector partnership with conference and for his deep and government was very strong and as inspiring speech which set the mood for a result, policies developed were the Conference. The presence and conducive to business and investment. participation of Senior Officials of We at the Mission have cherished the government and parastatals as well as idea since my posting as High the senior executives from the private Commissioner for UK, Ambassador sector is also highly appreciated. The (Non-Resident) for Ireland and Staff at the High Commission worked HE Joseph Muchemi - MBS Switzerland to hold a diaspora hard in coordinating the work at the Kenya High Commissioner, UK investment conference due to the conference. Last but by no means 2 important role the diaspora community the least many thanks to the diaspora The Kenya Diaspora Investment Forum remittances play in the Kenya's community who turned out in large which was held in London on 8th and economy. It is estimated that currently numbers and fully actively participated 9th December 2006, was a milestone in about US$1 billion is remitted to Kenya and engaged in discussions which made the wider Kenya's Government efforts to annually from this source alone. This is the production of this report possible. woo potential investors of Kenya origin a colossal amount of money for the size and associates in the UK to invest in of our economy and must be acknowledged. their own country. The Forum was held In tandem with government's policy, in recognition of the important role economic diplomacy forms a major part played by the diaspora community as a of the Mission's mandate and holding the source of Foreign Direct Investment Forum was one of the activities planned (FDI) to the Kenyan economy. The for implementation in that direction. Forum was a culmination of efforts by The significant role being played by the Kenya High Commission in the the diaspora in financing development United Kingdom, the Commonwealth in Africa continues to grow globally and Secretariat, Africa Recruit and with African governments now acknowledge support of Equity Bank. this important fact. The need for global The Forum was a showcase and a partnerships in developing friendly testimony of the available investment policies as well as the necessary opportunities as was presented by high infrastructure is vital in harnessing powered delegation from Kenya led by the informal adhoc Foreign Direct the Hon. Amos Kimunya, Minister for Investment by the diaspora. Finance who delivered a key note The objective of this report is to give address. Accompanying the Minister an overview account of the event as from Kenya were senior government expressed by the speakers, delegates officials and Chief Executives of and participants in the Kenya Diaspora parastatals or their representatives and Investment Forum. Reports and a wide cross section of Kenyan discussions have been captured with business community. In his key note little interpretation except quotes, views address, the Minister informed the and analysis which may be attributed Forum that the government had put in to Africa Recruit. place various investment incentives and I am grateful to the teams and enabling environment for the investors. organisations which participated in the These include macro-economic stability, preparations for the conference. Special INTRODUCTION Secretariat for providing funding for the Ms. Susan Kikwai - Managing Director, conference and Equity Bank Kenya Ltd for Kenya Investment Authority; Farhana funding promotional activities for the Hassanali - New Projects Co-ordinator, conference. Other organisations that HassConsult, Kenya; Dr. Ongong'a supported the Forum through taking Ochieng, Managing Director, Kenya space in the workshop programme Tourism Board; Peter Gichuki Kingara, include the KCB Group, Barclays Bank, Managing Partner, Gichuki Kingara and HassConsult Real Estate Agents, Dyer Co. Advocates; Mr. James Wambugu, and Blair Investment Bank, CFC Financial Risk and Compliance Manager, services, Equity Bank Ltd, Atul Shah UAP Kenya. Solicitors (London), Send Me Home The objective of this report is to give an money transfer services, Family Finance overview account of the event Building society and UAP Insurance that was expressed by the speakers and Dr Titi Banjoko Company Ltd. delegates, in addition to the key message Chair/Director AfricaRecruit We also thank the many speakers and of the workshop. We would like to facilitators that kept the participants emphasize that we have tried to report on The Kenya Diaspora Investment Forum engaged throughout. Speakers at the discussions with as little interpretation 2006 report recognises the essential role the conference included Hon. Amos as possible. Except quotes, the views and of the Diaspora in providing an alternative Kimunya, MP, EBS Minister of Finance analysis contained in this report do not 3 source of Foreign Direct Investment (FDI); in Kenya; Hon. Amos Wako, EBS, Attorney reflect the views of AfricaRecruit, building the brand “Kenya”; forging links to General, GOK; HE Joseph Muchemi, Commonwealth Secretariat and the Kenya harness global partnerships and Kenya High Commissioner to the High Commission. opportunities, and acting as a conduit UK, Hon. Berrow Kellow, MP, Peter of knowledge which can serve to Kahara Munga, Chairman Equity disseminate and share best practices. Bank Kenya Ltd; Dick Gold, Director The Forum was well attended by over GIDD, Commonwealth Secretariat 1000 Kenyans in the Diaspora and (Comsec), Mr. John Wilkins, Head of addressed by key speakers from the Special Section, GIDD/Comsec; Taboka public and private sectors from Kenya. Nkhwa, Head of Africa Section (Comsec); The level of participation and interest Dr. Titilola Banjoko, Chair/Director shown by all delegates point to the fact the AfricaRecruit NEPAD/CBC Initiative; Esther Diaspora are key stakeholders in Kenya's Koimet, Investment Secretary, Ministry of development. Finance, GOK. Jimna Mbaru, Chairman The ongoing acknowledgement of the Nairobi Stock Exchange; James Mwangi, significant role of the Diaspora in financing Managing Director, Equity Bank (K) Ltd.; Kenya's development and Africa wide BA Wairegi, Managing Director, British continues to grow globally. The need for American Insurance Co. and Dominic global partnerships; policies by both Kiarie, General Manager, British America sending and host countries as well as the Asset Managers Ltd; Eddy Njoroge, necessary infrastructure is vital in Managing Director, KENGEN. harnessing further the informal adhoc Others were; Mr. Atul Shah, Atul Shah FDI by the Diaspora commonly known Solicitors, London; Gabriel Rwamba - MD as remittances. EU Link, UK; Sam Ochieng - MD We are grateful to the Kenyan SACOMA, UK; Philip Ilako, Corporate High Commission in the United Kingdom; Director, KCB Group, Frank Ireri - The Commonwealth Secretariat's Managing Director, Housing Finance; Governance & Institutional Development Carol Musyoka, Corporate Director, Division and AfricaRecruit for hosting the Barclays Bank of Kenya; Lee Karuri, conference. We thank the Commonwealth Chairman Kenya Private Sector Alliance; 19% 2005/06 2006/07 OBJECTIVES OF THE FORUM Not Sure Mobilising the Diaspora to As part of a build up to the Forum, Approximately one third of the invest in Kenya and the event AfricaRecruit2% conducted respondents left Kenya over 10years Providing a platform for a survey of the Kenyan Diaspora to ago and 20% belong to a Diaspora stakeholders inside and outside which 1327 Diaspora responded. The organisation. 78% consider going Kenya to constructively engage full questionnaire can be viewed with back to Kenya now or at a later date. in developing viable investment can be viewed at the event website . All professional categories were vehicles; represented with a significant number Gaining an in-depth
Load more

Recommended publications
  • A Case of Nakumatt Supermarket
    The International Journal Of Business & Management (ISSN 2321–8916) www.theijbm.com THE INTERNATIONAL JOURNAL OF BUSINESS & MANAGEMENT Effects of Stock Management Strategies on Supermarkets Performance; a Case of Nakumatt Supermarket Ibrahim Maina Oira Student, Jomo Kenyatta University of Agriculture and Technology, Kenya Dr. Assumptah Kagiri Head of Department, Human Resource Development, Jomo Kenyatta University of Agriculture and Technology, Kenya Abstract: Maintaining adequate stock levels has been an invention which has greatly impacted on organization’s performance. It has led to improved preparedness in firm’s economic uncertainties. In Kenya, many firms have been caught unawares by shortages in raw materials and hence have been unable to produce products in time. This has led to shortage in particular products in the market. The study used the following objectives: To establish the effect of Just-in-time strategy on performance of Nakumatt supermarket; To examine the effect of Material Requirement Planning strategy on performance of Nakumatt supermarket; To determine the effect of Economic Order Quantity strategy on performance of Nakumatt supermarket, and; To assess the effect of Distribution Resource Planning strategy on performance of Nakumatt supermarket. The theories underpinning this study included: resource based view; Economic Order Quantity (EOQ) Model; Theory of Constraints, and; The Neoclassical of Exogenous Growth Theory. The target population of interest was Management and employees of Nakumatt supermarket in Nairobi. The study targeted a population of 387. A sample of 80 was used for the study. The sample was distributed between managers and other employees. The study used questionnaire to collect information from the respondents. After the collection of data from the fieldwork, all questionnaires were adequately checked for reliability and verification, editing, coding, and tabulation was carried out.
    [Show full text]
  • Open for Business in Every Sector
    S8 kenyaspecial MONDAY, MAY 3, 2010 CHINA DAILY Nation open for cooperation in oil drilling, exploration and storage projects. Retail giant Nakumatt off ers Kenyans the best selection of local and international goods at reasonable prices. Open for business in every sector tions through the building of new on Kenya’s agricultural-based demand and reduce the number of Investors encouraged to grasp Selest Kilinda, primary and secondary schools, as economy through droughts, fuel trucks on the country’s roads, MD of Kenya well as colleges and universities. fl oods, and mudslides that caused Kenya Pipeline Co enhanced its Pipeline wealth of new opportunities Company Ltd Through this ambitious drive havoc and stunted economic capacity by putting up four new to boost education facilities and growth. pump stations at Samburu, Man- standards, Kenya is making a fi rm Offi cials are seeking PPPs and yani, Makindu and Konza which Promising foreign direct invest- As the principal implementing commitment to the development foreign funding in environmental nearly doubled its fl ow rate from ment (FDI) opportunities can be agency of the government’s hous- of a knowledge-based economy monitoring and early warning 440,000 liters per hour to 800,000 found right throughout Kenya’s ing policy, NHC has put in place that will prepare its young people system technologies, as well as liters per hour. diverse economy and range of a program of measures aimed at for today’s competitive global education, training and awareness Other major projects now being business sectors, manufactur- facilitating the acquisition of land environment.
    [Show full text]
  • The East African Community FINANCIAL TIMES SPECIAL REPORT | Wednesday November 30 2011 | Twitter.Com/Ftreports
    DOING BUSINESS IN The East African Community FINANCIAL TIMES SPECIAL REPORT | Wednesday November 30 2011 www.ft.com/east­africa­community­2011 | twitter.com/ftreports Inside this issue Barriers States may A regional have signed up to the principle but the reality is something market starts else Page 2 Stock markets Rwanda is way ahead in terms of regulation but it trades only four stocks Page 2 Infrastructure Delays to take shape caused by unreliable rail, worn roads and clogged ports make up 25 per cent of logistics costs Page 2 Katrina Manson and more enticing to outside inves- nity is even considering expan- tors and in a stronger position sion: both South Sudan and Interview Richard Sezibera, William Wallis report to negotiate a better deal. Sudan want to join. EAC secretary­general, is on the relaunched Driven by this logic, and with “The EAC is the fastest grow- determined not to do things few of the ideological differ- ing of all the Africa regional by halves Page 3 trading bloc, 34 years ences that divided members in economic communities,” says after the first the past, regional leaders and Donald Deya, head of the Pan- Counterfeit goods bureaucrats have spent the past African Lawyers Union, who Fake attempt fell apart decade refashioning the EAC for has worked on the complex products, the 21st century. legal issues that have emerged. smuggled hen the East Afri- On paper it is beginning to Next year, the EAC even through the can Community work. The EAC has a customs plans to create a monetary region’s (EAC) was first union, a common market, a leg- union and, in 2015 political fed- porous launched in 1967, islative assembly, a bank and a eration.
    [Show full text]
  • NMB Introduces Facility to Bridge Housing Deficit No Dividend As Profit
    KINONDONI ROAD, 1ST FLOOR, TOGO TOWER P.O. BOX 4441, DAR ES SALAAM-TANZANIA TEL: +255 22 266 6031 EMAIL: [email protected] WEBSITE: www.optimacorporate.co.tz NMB introduces facility to bridge housing deficit NMB bank yesterday introduced a new mortgage scheme. That it expected to encourage millions of Tanzanians to take advantage of opportunity to own houses. This comes against the back drop of figures showing that Tanzania has a housing deficit of three million units. The National Housing Corporation (NHC) estimates that the country needs around 200,000 units annually worth Sh19 trillion to meet the demand. Yet, only about 15,000 units are supplied yearly. It also comes at a time when data produced by the Centre for Affordable Housing Finance (CAHF)- shows that the cost of developing a house has risen by about 30 per cent in four years despite a drop in cement prices. For instance, CAHF- a continental organization that promotes investment in affordable housing and housing finance across Africa- shows that building a two bed room housing unit with 65 square meters would cost $16,130 in 2011but the same has risen to about $20,992 as of 2015. “The Citizen, business Pg.10” No dividend as profit tumbles, reveals Swissport Swissport Tanzania has declared that there will be no dividend to shareholders after its profit tumbled in the first half of this year due to business slowdown. It said in its financial results for the period, made available yesterday that the profit has declined by 27 per cent and as a result it will not give dividend and use the funds to support further investment.
    [Show full text]
  • Newsletter First Edition 2010
    First Edition 2010 NOPENING e w COMMENTS: s l e tte r elcome to the first edition of our newsletter in 2010. It has been an exciting yet challenging 1st quarter of the year. In addition to the Rarieda Road show we have also received tremendous support from Nakumatt Holdings that has seen us expand our outreach, the Arsenal in the com- munity program currently underway is a perfect example of our believe in strong partnerships. This quarter also saw the departure of our Commercial Manager Isabel Kiarie we wish her well in her future endeavors. WWe thank you for your continued support and look forward to an exciting African World Cup season. Joel Kinuthia NAKUMATT DONATES ALIVE & KICKING BALL SALE PROFITS TO THE MUSA OTIENO FOUNDATION n January 2, 2010, Nakumatt Holdings Ltd. donated Kshs. 545,438 to the Musa Otieno Foun- dation to further aid their work in improving the quality of sports in the country and most im- portantly positively impact the lives of the children and youth in Jericho. The monies donated to the foundation were part of the profits made by Na- kumatt Holdings Ltd. from the sales of Alive & Kicking O Kenya (AKK) footballs since their introduction into the Nakumatt product offering in July 2008. In this unique story of synergy, Nakumatt Holdings Ltd. in view of the Alive & Kicking initiative kindly agreed to donate part of the proceeds made from the sale of AKK’s balls in its outlets to support the Musa Otieno Foundation; a partner and beneficiary of AKK’s footballs for the last three years, as per its social investment pillar to share their success with members of the wider community by spearheading community development projects on sports.
    [Show full text]
  • Halari Book Cover
    Rise and Glory History of Halari Visa Oshwals by Rati Dodhia Rise and Glory History of Halari Visa Oshwals By Rati Dodhia Halari Visa Oshwals of America © All the copyrights reserved by Rati Dodhia Published by Rati Dodhia, 2005 A.D. In memory of my parents and my wife Indu’s parents: Late Shri Lalji Khimji Shah and Shrimati Amratben Lalji Shah Late Shri Fulchand Karamshi Shah and Shrimati Deviben Fulchand Shah Who were part of the group of early pioneers who sacrificed so much for their families and the community. iv FOREWORD This book, “ History of Halari Visa Oshwals “ in English by Dr. Ratilal Dodhia, provides information about our origin, hardships our ancestors faced and how they overcame them, migration to various places, entrepreneurship and traditions. Many people have written about our origin, settlement in Halar and migration to East Africa, United Kingdom, United States of America and Canada, but this is the first comprehensive document in English. It is divided in four parts: Part I deals with the origin of Oshwals in Rajasthan, India; Part II deals with the migration of Oshwals in Cutchh; Part III deals with the migration of Oshwals from Cutchh to Halar region of Jamnagar District of State of Gujarat, India, and Part IV deals with rise and glory of Halari Oshwals since the beginning of 20th century. The Oshwal community was founded 70 years after Lord Mahavir’s nirvana (i.e. Vikram Savant 400 or 457 BC) in the city of Osiya (the name ‘Oshwal’ is derived from the name of the city), which is located about 32 miles from Jodhpur in State of Rajasthan, when some people from a warrior caste (Kashtriya) were converted to Jainism.
    [Show full text]
  • Sizing the Field
    Introduction / Pg 3 Introducing a New Frame for Trends in African Philanthropy Areas of Focus for Future African Philanthropy / Pg 7 / Pg 24 Research / Pg 32 THE FIELD SIZING SIZING THE FIELD FRAMEWORKS FOR A NEW NARRAtiVE OF AfRICAN PhilAnthROPY April 2013 This report was produced for the African Grantmakers Network (AGN) by Dalberg Research and Dalberg Global Development Advisors. The AGN committee that guided the production of the report included Halima Mahomed and Bhekinkosi Moyo from TrustAfrica. The production of the report was managed by the Southern Africa Trust. © 2013 African Grantmakers Network PRefACE Africa’s people share deep-rooted values of social solidarity, human dignity, and inter-personal connectedness. This corresponds to the Western notion of philanthropy – the desire to promote the wellbeing of others or, put simply, ‘to love people’. But in the past, we have had philanthropy done to us as Africans with little recognition that there is a vast field of philanthropic practice alive and active in Africa. The field is growing. And it is changing, with the rapid emergence of structured forms of strategic philanthropy by wealthy Africans, the success of channels for collective giving to social causes amongst increasingly urbanized communities with reduced connections to rural roots, a growing recognition of community- based practices of social solidarity, and the emergence of African associations of philanthropists, grantmakers, and other social investors. The recent economic downturn in the parts of the world that were traditionally seen as the sources of philanthropic giving coincides with good levels of sustained economic growth in Africa. Along with the extreme inequalities that this has generated, it has also propelled the emergence of the African middle class and a growing pool of super-rich African men and women – many of whom are attentive to their social responsibilities and want to somehow ‘give back’ to the communities from which they emerged.
    [Show full text]
  • Inventory Control As Astrategy for Effective Performance of an Organization
    View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by The Management Univesity of Africa Repository INVENTORY CONTROL AS ASTRATEGY FOR EFFECTIVE PERFORMANCE OF AN ORGANIZATION: A CASE OF NAKUMATT SUPERMARKET IN KENYA ISAAC WILLINNGTON SONGA A RESEARCH PROJECT REPORT SUBMITTED TO THE SHOOL OF BUSINESS MANAGEMENT AND LEADERSHIP IN PARTIAL FULFULLMENT FOR THE BACHELOR DEGREE IN BUSINESS MANAGEMENT AND LEADERSHIP OF MANAGEMENT UNIVERSITY OF AFRICA OCTOBER 2016 DECLARATION AND RECOMMENDATION This is my original work and has not been presented for any award in any other institution or university other than Management University of Africa (MUA) for academic credit. Signed:………………………………date………………………………. Isaac Willington Songa BML/00056/2/2012 DECLARATION BY SUPERVISOR This work has been presented for examination with my approval as the appointed university supervisor Signed:……………………………date…………………………. Dr. Emmanuel Awour i DEDICATION This research is dedicated to my mum Gaudencia Songa, my late father Fredrick Songa, my uncle DonatusNdubi and to the entire MUA family. ii ACKNOWLEDGEMENTS It is with pleasure that I would like to acknowledge my uncle and his family for their support towards my academic achievements. I would also like to acknowledge my colleagues who have given me both moral and academic support. Finally, I would like to acknowledge the entire MUA family for having accepted me to be part of them; iii ABSTRACT The rising numbers of business enterprises in Kenya has seen few of these businesses make it to the end or give anticipated profit by owners. Several factors including poor management, unfavourable government policy, inadequate capital and stiff competition has been associated to failure of these businesses.
    [Show full text]
  • The Africa Business Agenda
    The Africa Business Agenda September 2014 4th edition CEOs and PwC leaders in Africa share their insights about doing business in some of the world’s most exciting and challenging markets. www.pwc.com /theagenda Contents Introduction 2 Africa: The place to be 3 Africa growth drivers 10 Key challenges to unlocking growth in Africa 11 Government and the growth agenda 13 The digital revolution 19 Industry highlights 21 A guide for investors 24 Building international JVs & partnerships and financing growth in Africa 34 Developing local talent 42 Innovating in Africa 47 Conclusion 52 Leaving a legacy: CEOs in their own words 53 Methodology 54 PwC in Africa 56 Introduction Africa: The place to be Suresh Kana Investors worldwide recognise Africa’s stay ahead of the game. This means Territory Senior Partner for vast growth potential, in particular its anticipating change, actively seeking PwC’s East, West and South demographic edge. Africa is the world’s to recruit and retain the best talent Market regions in Africa youngest continent and is expected to and investing in our business to better have the biggest labour force by 2040. serve our clients in Africa. Recently, Now in its fourth year, PwC’s Africa we established an integrated PwC Business Agenda supports this positive Africa business, made up of firms in view and highlights the increasing level the predominantly English-speaking of investor interest on the continent. regions of Southern, West and East When we embarked on The Agenda in Africa, which is led and managed by 2011 as an extension of PwC’s annual a single leadership team.
    [Show full text]
  • Canada Reverses Visa Ban for Liberians
    Need a Mortgage? RESIDENTIAL SALES, LEASING & $1.00 MORTGAGE BROKER LIC #M08005550 INVESTMENT PROPERTIES Purchase & Refinance Home Equity Loan Homelife/United 2nd Mortgage Hiring new & Realty Inc. Brokerage experienced Renewal & agents! Independently Owned & Operated Switch 2980 Drew Rd., Suite 215 Residential & Commercial Mississauga, ON L4T 0A7 Franchise of the Mort- Office; 905-672-1234 Fax: 905-672-0672 gage Alliance Network INDRA KISSOON Independently Owned & Operated LIC #12521 Sales Representative GINI ANNARASA 416.8p30.3241 www.theafricanworldnews.com E: [email protected] / www.mortgageguardian.ca Dir: 416-629-1820 80 Nashdene, Unit D 221-22, Toronto Email: [email protected] INDRA KISSOON 416.556.7002 Toll Free: 1877.336.3487 Web address: www.indrakissoon.com Sales representative Mugabe: South Africa needs another revolution velopment Council (SADC) con- "The pressures with people of South Africa vention. His comments come on are so much that we cannot avoid incidents of that the heels of the recent spate of nature (xenophobia), Mugabe told reporters. xenophobic violent attacks "People are unemployed, lots of young men and against other African migrants women are in the streets so when they see people by disenchanted and disgrun- from neighbouring countries running small shops tled South Africans clamouring they conclude that it's these people that have for their expulsion because they robbed them of their chances, which claim jobs are being taken is not the case. away from them. "It's not the other African, but it's a factor of the Mugabe said there’s a vi- whites that have kept opportunities to themselves. cious problem in South Africa The political dispensation did not address the dis- regarding unemployment among parities between white and black with most of the Blacks since the fall of apartheid land in the hands of whites and most of the em- in 1990 and noted that instead of ployment opportunities enjoyed by them addressing income inequality (whites)...so we must help them.
    [Show full text]
  • Keroche Breweries Limited
    Navigating the owner’s agenda Kenya Private Company Survey 62 interviews conducted with private company leaders in Kenya 48% agreed that professionalising the business is a key challenge over the next five years See page 24 23% have a discussed and documented succession plan in place See page 31 www.pwc.com/ke Contents 2 Foreword by PwC Kenya Country Senior Partner 4 A view from the PwC Kenya Private Company Services Leader 6 The new economy: More competitive, more opportunities for private companies A taste for growth: Keroche Breweries Limited 10 Different pressures, different priorities: ‘Head’ is winning over ‘heart’ Private expansion in a public sphere: Mount Kenya University 16 New products, new sectors, new markets 20 Keeping pace with change: The innovation imperative Digital transformation: Seven Seas Technologies Group 24 Professionalising the business: Moving to the next level Performance and professionalism: Bidco Oil Refineries Limited 28 The heart of the matter: Professionalising the family 31 Bridging the gap: Making a success of succession Professionalise to optimise: Nakumatt Holdings Limited 35 From managers to owners: A new model for the family firm? 37 Conclusion 38 Methodology PwC Kenya 2014 Private Company Survey 1 Welcome to our first-ever Private Company Survey in Kenya Foreword by PwC Kenya Country Senior Partner Private companies make a unique ground-breaking effort. From this contribution to our country’s economy, survey, we have learned how economic as employers and generators of wealth, and social change is affecting private prosperity and national revenue. They companies from the impact of changes are key drivers of economic development in demographics, urbanisation, digital and innovation.
    [Show full text]
  • Commercial Farming and Agribusiness in South Africa and Their Changing Roles in Africa’S Agro-Food System
    Land grabbing, conflict and agrarian‐environmental transformations: perspectives from East and Southeast Asia An international academic conference 5‐6 June 2015, Chiang Mai University Discussion Note No. 7 Commercial farming and agribusiness in South Africa and their changing roles in Africa’s agro-food system Ruth Hall and Ben Cousins June 2015 BICAS www.plaas.org.za/bicas www.iss.nl/bicas In collaboration with: Demeter (Droits et Egalite pour une Meilleure Economie de la Terre), Geneva Graduate Institute University of Amsterdam WOTRO/AISSR Project on Land Investments (Indonesia/Philippines) Université de Montréal – REINVENTERRA (Asia) Project Mekong Research Group, University of Sydney (AMRC) University of Wisconsin-Madison With funding support from: Commercial farming and agribusiness in South Africa and their changing roles in Africa’s agro‐food system by Ruth Hall and Ben Cousins Published by: BRICS Initiatives for Critical Agrarian Studies (BICAS) Email: [email protected] Websites: www.plaas.org.za/bicas | www.iss.nl/bicas MOSAIC Research Project Website: www.iss.nl/mosaic Land Deal Politics Initiative (LDPI) Email: [email protected] Website: www.iss.nl/ldpi RCSD Chiang Mai University Faculty of Social Sciences, Chiang Mai University Chiang Mai 50200 THAILAND Tel. 66­53­943595/6 | Fax. 66­53­893279 Email : [email protected] | Website : http://rcsd.soc.cmu.ac.th Transnational Institute PO Box 14656, 1001 LD Amsterdam, The Netherlands Tel: +31 20 662 66 08 | Fax: +31 20 675 71 76 E­mail: [email protected] | Website: www.tni.org June 2015 Published with financial support from Ford Foundation, Transnational Institute, NWO and DFID.
    [Show full text]