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The 25th Anniversary Special Awards nomination edition Top 25 setting business agenda in 2020 #1 www.isuzu.co.ke JAN-FEB 2020, Vol. 15 No 149 East Africa Edition Awards celebrating 25 years of excellence in publishing Looking back, the fast-paced world of publishing that Dr. Gaya works in has not robbed him of time and perspective to reflect on his 25-year journey in publishing, which he says has been fruitful due to the support of loyal readers and subscribers, including some of the top names in medicine and law 6 NOMINEES 10 Jeremy Awori, Managing Director, Chief Executive officer and Executive Director - Barclays Bank Kenya NEWS FEATURE: Understanding the economic 12 Carole Kariuki, Chief Executive cost of corruption in Kenya Officer - KEPSA This poor showing shouldn’t come as a surprise. Kenya has been plagued by a long list of corruption 14 Margaret Ireri, Chief Executive scandals. One of the more infamous was the Goldenberg heist Officer - TIFA Research Limited which occurred in the 1990s during then President Daniel Moi’s tenure 18 Rita Kavashe Nairangai, MBS Managing Director - 74 Isuzu East Africa 20 Peter Ndegwa Incoming Chief Executive Officer, Safaricom Plc 22 Phyllis Wakiaga, Chief Executive - Kenya Association of Manufacturers (KAM) 24 Wachira Waruru, Group Managing 42 Esther Ngomeli, co-founder and Director of Royal Media director of Redhouse Group 26 Geoffrey Otieno Odundo, Chief 44 Andrew Mutuma, Managing Executive of the Nairobi Securities Director DHL Express Kenya Exchange PLC (NSE) 30 Joshua Oigara, Chief Executive Officer KCB Bank 32 Dr. James Mworia, Chief Executive Officer of Centum Investments 34 Lenny Nganga, Chief Executive Officer- Saracen Media Group NEWS FEATURE: 36 Serah Katusia, Managing Director, Nairobi’s slum residents pay a Mediacom and MEC East Africa high price for low quality services About 56% of Kenya’s urban population currently lives in 38 Rebecca Mbithi, Chief Executive slums. Nairobi even hosts one of the largest slums in Africa, Officer, MD- Family Bank Kibera. 76 2 BUSINESS MONTHLY | JANUARY-FEBRUARY 2020 ANNIVESARY EDITION Special 25th Anniversary Awards Nominations INCHCAPE CERTIFIED NEWS FEATURE: REVIEW: REVIEW: USED LAND ROVERS Understanding Kenya’s MSME Why all the political Policy Environment children must economy of Ranks needs to be learn code maize in Kenya reviewed towards global best 86 96 98 LIFETIME ACHIEVEMENT NEWS FEATURE 48 Dr. Benson Wairegi, Group 74 Understanding the economic Managing Director, BRITAM cost of corruption in Kenya 52 Adil Popat, Executive Chairman, Simba Corporation 76 Nairobi’s slum residents pay a high price for low quality services 54 Amb. Dennis Awori, Chairman And Country Delegate SECTOR REVIEW of CFAO Kenya Ltd 80 Is it good for you to be good? OPINION: The power of the purse 82 CEOs must face uncertainty threatens academic freedom and tackle it head-on in Kenya’s universities Inchcape Certified Used Land Rovers give you absolute peace of mind and 84 The power of the purse threatens guarantees your vehicle delivers the most composed and capable drive In universities, academic freedom is academic freedom in Kenya’s universities desirable because their work is to search possible. Inchcape Certified Used Land Rovers come with: for truth, transmit knowledge and, often, speak truth to power. Constraints OPINION – A one year / 20 000km service plan and one year / 20 000km warranty on this freedom threaten the very essence of the university’s purpose 102 What Kenya’s government can South – One year comprehensive insurance 84 58 Kiprono Kittony, Vice Chair of the World Chambers Federation Africa’s state-owned companies: a – Low certified mileage complex history that’s seldom told – Dealer privileged car history & information Asset finance and vehicle leasing options available. If it’s Inchcape certified, you’ll be satisfied. Inchcape Kenya Ltd Showroom: Ground Floor, Oracle Tower, Westlands Service Center: Delta Annex, Westlands, Nairobi, Kenya Service Center Enterprise road Opp Jomo Kenyatta Foundation, Nairobi, Kenya +254 730 191 000 / +254 730 191 212 Where every issue makes Business Sense... [email protected] landroverkenya.com *Ts and Cs apply. 4 BUSINESS MONTHLY | JANUARY-FEBRUARY 2020 ANNIVESARY EDITION Special 25th Anniversary Awards Nominations Awards celebrating 25 years of excellence in magazine publishing BY LENNOX YIEKE PUBLISHER: Dr. Hanningtone Gaya r. Hanningtone Gaya [email protected] remembers July 1, 1995 0722 742287 like yesterday. It is the date EDITOR: he launched his first maga- Martin O’Neil Dzine, the monthly MOTOR. CONTRIBUTORS: Cathy Mputhia The rest, as they say, is history. Mike Eldon Since then, Media Seven Group has Scott Bellows been publishing leading life style Lennox Yieke and specialized magazines, includ- Anzetse Were ing the monthly MOTOR, Business Jeff Aludo Monthly and Mum and Dad. PUBLISHED BY: According to Dr. Gaya, “When are reading libraries of Motor and The Knowledge Warehouse 020 26504 937 you are in magazine publishing, Business Monthly magazines, many 0722 742 287 every new issue must have fresh, of them being subscriptions dating DESIGN & LAYOUT: interesting and engaging content. all the way back to the mid-90s. Fontana Creations That means investing in quality, Dr. Gaya is most grateful for the MIS & ADMINISTRATION: informative, educative, entertaining, support enjoyed by thousands of Marilene Mercy topical, bold and relevant content readers, most of who are looking for 0722 420 493 every month.’ premium content in a market where BUSINESS DEVELOPMENT ‘’In this kind of work environ- magazines come to market but MANAGER: ment, time moves very fast. You hard- quickly disappear, due to inadequate Martin O’Neil ly notice that you have been in the advertising support from industry 0721 989 263 business for more than two decades,” and commerce. ADVERTISING: Dr. Hanningtone Gaya says the publisher, who this year, is In particular, Business Monthly, [email protected] celebrating 25 Years Silver Jubilee the flagship titles in the Media Seven 0722 742287 in Magazine Publishing, with seven stable, has cut out a niche for itself DISTRIBUTED BY: leading magazine titles under his as the go-to source for premium Nation Marketing & Publishing belt. business content. “We don’t tell you A Division of Nation Media Group Looking back, the fast-paced what happened in the world of busi- P.O. Box 49010-00100 Nairobi world of publishing that Dr. Gaya ness. Twitter can do that for you Tel: 020 3288588 / 8574 works in has not robbed him of nowadays. CONTENT: Produced under common licence time and perspective to reflect on Rather, we tell you why it hap- from The Conversation his 25-year journey in publishing, pened and what is likely to happen which he says has been fruitful due next from an industry or policy BusinessMonthly to the support of loyal readers and standpoint, bringing in experts from http://media7kenya.com subscribers, including some of the industry and academia to offer dif- top names in medicine and law. The ferent perspectives,” says Dr. Gaya. coffee tables of leading doctors and This rich and informed debate lawyers’ suites have been adorned on topical issues in the world of by the glossy covers of Media Seven business and economics makes our Magazines. From Nairobi Hospital to readers better managers, better deci- The Aga Khan University Hospital sion makers and better business peo- Doctors Plazas, these waiting rooms ple, since our core readership is ©THEKNOWLEDGEWAREHOUSE 2020 6 BUSINESS MONTHLY | JANUARY-FEBRUARY 2020 BUSINESS MONTHLY | JANUARY-FEBRUARY 2020 7 ANNIVESARY EDITION Special 25th Anniversary Awards Nominations largely drawn from the world gets this in media. People avoid ads. of management, business leadership Even on YouTube, most viewers skip The Top 25 are people and public service, including aca- ads,” notes the publisher. whose stars are shining demia, adds Dr. Gaya. To mark Media Seven Group’s “I realized that although mag- 25 Years of Excellence in magazine and continue to shine azine publishing was a passion, I publishing, Business Monthly, in on the industries and needed a professional approach to partnership with leading research commerce where their consolidate the progress I had made and PR firms, have been putting since the 90s. That is why I enrolled together a list of 25 top women and contributions leave for further studies in business,” men to be feted, each top leader rep- colossus footprints says Dr. Gaya, who holds a PhD in resenting each year of excellence in Commerce in Business Management magazine publishing. from Nelson Mandela University. Each of the top 25 has contrib- and gentlemen who continue to raise Throughout the years, Dr. Gaya uted in more than three criteria of the bar in the standards they set in has built a solid network of edito- qualification, including walking the their firms, industries and business rial and advertising partners who talk in business ethics including cor- associations they lead. have helped him defy the odds in porate governance and social respon- Business Monthly is glad to cel- an industry famed for its unforgiv- sibility, entrepreneurship, wealth and ebrate Media Seven Group’s Silver ing terrain, a dearth in magazine employment creation, industry lead- Jubilee by honoring them in this advertising being the daily menu ership, policy development, people 25th anniversary and inaugural that is served. Because of this, “We management and mentorship, small awards,” concludes Dr. Gaya. are grateful to our advertising part- holder and MSME financial inclu- In the same vein, Business ners because they understand the sion. Monthly recognizes efforts of recent power of spot-on niche marketing The Top 25 are people whose regular contributors and columnists that our magazines have afforded stars are shining and continue to who have contributed topical, inter- them. We are a great platform for shine on the industries and com- esting and deeply researched articles: premium marketing and the leading merce where their contributions Mike Eldon, Phyllis Wakiaga, Prof.
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