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Then you have come to the right place! Investment News is your guide to business, trade, travel and culture in Kenya.We provide a wealth of information on a multitude of issues to enable you to make informed decisions.You will need information on natural resources, infrastructure, manpower, political climate,culture and legislations that may affect your investment.
This is the information that this site is dedicated to bringing you in a variety of easily accessible formats. Full information is offered in our paid subscription, online and print publication Investment News Magazine. The magazine is published 6 times a year. Updates are emailed to our subscribers, so do not forget to let us know if you change you email address.
And remember,we are always pleased to hear your views.
This year, more than 50 per cent of all the major building and construction projects have gone to Chinese companies. The catalogue of projects, worth billions of US dollars, which have so far been awarded to them, is long. It covers major highways and roads, airports and seaports, stadiums and university liberalities to provision of telephone services and oil prospecting.
When Mwalimu Sacco Society became the first society to be certified by ISO in September 2009, many in the cooperative sector in Kenya wondered what it was all about. Was it really necessary for a sacco to be certified? I too, could not provide the answer to the question, so I went over for a discussion with the chairman of the Mwalimu Sacco, Mr. Shem Motuka.
Started as a micro-finance targeting mainly the poor in the slums, K-Rep has been oscillating between maintaining its image as micro-enterprises bank and a fully operational commercial bank targeting the heavy weights in the money market. Now, it seems, the bank has found a profitable middle ground.
Kenya’s $ 35 billion economy is eastern Africa’s largest. It is a sophisticated, fast growing economy with fast expanding need for increased investments in practically all key areas. Here, we highlight the hottest of these opportunities in the year 2010.
Thika is best known to the world as the setting of British writer Elspeth Huxley's famous childhood memoirs, The Flame Trees of Thika, an internationally acclaimed book about a pioneering English family’s efforts to establish a coffee farming business in colonial Kenya. But there is much more to Thika for both the serious businessman and the tourist as this report shows.
UN Stats: Kenya leads in skills in Eastern Africa,but overall life expectancy remains the same.
The collapse of the Kenya Farmers Association, the Kenya National Federation of Cooperatives and the Kenya Grain Growers Cooperative Union, and now the Kenya Planters Cooperative Union makes an interesting study of the cost of patronage in public institutions. Attention should now turn to the remaining so-called apex cooperative organizations. Many are already in the advanced stages of the diseases that afflicted those that have already gone away.
Kenyans are awaiting the new constitution with the anxiety of a desert camel expecting water. Their assumption, which, I fear is wrong, is that a constitution, a mere piece of paper, will change their circumstances for the better. Many of these circumstances are economic—ownership of land, increased incomes, increased employment opportunities and so on. The sad truth is, however, that a constitution is just as good as the hearts of men and women, especially those entrusted with implementing it – the politicians, the judges and magistrates, the civil servants and so on. And especially the President.
An important thing that African development planners will have to learn is to appreciate the wisdom of our ancestors when formulating important policies. Such wisdom may just be what we need to make Africa’s backward, debt-ridden economies key players on the world stage.
One of the questions that many investors ask is: How do I go about starting business in Kenya? The requirements are pretty simple and very much the same throughout the country, although you will encounter some minor variations here and there.
Ladies and gentlemen, I am overwhelmed and overjoyed by the many friends that have joined me on Facebook. In our place we say “to know something is to try it!” Now I have tried Facebook and I know its effectiveness in connecting friends.
Looking back at the year now ending, the Kenyan business community – and in deed, the Kenyan in general – has much to be happy about. One, the effects of the prolonged drought that saw many animals die is nearly now gone. Although droughts have frequently hit the country, the last was a particularly severe one. Every one of us must have been silently praying and hoping that rains would fall and bring new life to our sisters and brothers – especially the pastoralists.
Since a few years ago, writing biographies or autobiographies has become common in Kenya. But much of what has come out so far have been useless public relations write-ups that hide more than they reveal.
In the colonial time in Kenya, there used to be a government officer who was in charge of fighting desertification and its effects. I know this because our home stands a few kilometers from the home-cum-office where the man, even today fondly referred to by the Akamba, as the “Musungu wa Mang’alata” (literally, the “Whiteman of Deserts”), used to live.
One of the biggest draw-backs to investing outside of Nairobi City is the cost. Concentration in Nairobi has meant that for most investors outside the capital city most maintain an office in the Nairobi to improve operations by making it easy for the business to access the many the services of the government.
Is there much more information that investors in Safaricom shares should know? Letters taking rounds seem to show there is. And it is only sensible for the mobile phone company to explain before speculation becomes wild.
Hopes are high that Kenya will join the ranks of world’s oil rich countries after China started work on its deepest drill – expected to reach over 5,556 meters. The Minister for Energy Mr. Kiraitu Murungi is advising Kenyans to be “cautiously optimistic about discovering oil until it actually happens.”
When you ask foreign investors in Kenya what they consider the country’s greatest asset, the answer is almost always people, according to a UNCTAD report. One foreign investor in insurance, for example, speaks of the caliber of workforce providing his company with the prospect of becoming “world-class service provider.”
The other day I bought a small item in a shop and offered two fifty cent coins making the one shilling the shopkeeper needed from me. To my surprise the shop keeper handed me back the coins with a blunt comment: “This is no longer money!” Today, the coins are still in my pocket and I don’t know what to do with them.
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