Governor Waiguru Speaks of Devolution in Kenya at Chatham House UK

H.E. Governor Anne Waiguru at Chatham House

The Council of Governor Vice Chair earlier today shared about Kenya’s devolved system which she said was brought into being to include those previously excluded.

She commended the move of Kenya gaining a new constitution and instantaneously the country creating 47 counties to enhance what could be called ‘Project One   2010, terming it as no small feat.

The former Devolution and Planning CS added that the first few years of devolution have not been easy explaining that the beginning was faced with contestation not only between central and devolved government, but also within county governments over mandates and functions.

One of the three first women governors in Kenya went ahead to affirm that the current government remains committed to making devolution work in Kenya.

“Central government assistance to counties has included capacity building, developing model laws, and conducting institutional reviews to ensure skills matched to mandates.” She asserted.

The governor professed her desire to see more women running for the position during the next general elections. She even hinted to them one way to get support from male governors which she alluded as to target those who will have completed two terms and can’t run again.

The Kirinyaga County chief however highlighted an issue with early endorsement for women which leads to them being exposed to a long and vicious time in the spotlight.

From her experience while running for governor as a woman she claimed to have faced many challenges.

“At the same time, I knew that my campaign would have a wider significance for Kenyan women and girls, who have traditionally been marginalised in politics,” she expressed her reason for pressing on.

The first-time governor voiced her hope regarding women’s rights in Kenya saying the country is on the right track, despite lagging behind other countries in East Africa on women’s representation including Rwanda and Tanzania

H.E Waiguru did not forget to make a note on corruption which seems to be the country’s greatest enemy as she was quoted saying:

“Regarding accountability, a danger is that the fight against corruption becomes politicised and used by individuals to harm their enemies. Structures to ensure accountability in Kenya remain weak but the new constitution was a key step forward”.

She also emphasized on the importance of social media as a key tool in the fight for greater transparency and called for civic education to enable citizen demand government’s accountability observing that county governments are already engaging strongly on this matter

Despite being against the move last year, she welcomed lifestyle audit called for by President Uhuru tagging it as a big step forward. She sees pressure from families that want to benefit from their relative’s time in office as the drivers to corruption describing it as the reason why the president has rightly opted for the audit.

Natasha Kimani, an Academy Fellow, shared her research on gender and devolution which focused on 5 counties in Kenya: Kisumu, Kirinyaga, Nairobi, Kajiado and Mombasa

Reiterating Waiguru’s words earlier, she said that Kenya’s constitution is very gender responsive but a constitution is only as good as its implementation.

“More must be done regarding gender responsive budgeting. There needs to be an understanding that many things – infrastructure, healthcare etc. – impact differently on men & women, & county budgets have an important role to play in ensuring gender equality,” Natasha concluded.Source: Chatham House Africa

Money, Business and Wealth with Diaspora’s Charles Kinuthia

Charles is an accomplished and distinguished Chief Executive Officer of a new national franchise company and was recently honored with a Ph.D. in Humanities.

He was born and raised in Kenya and spent a significant part of his life in Australia. He also lived temporarily in Finland, where he was awarded a full scholarship to attend the University of Helsinki and complete a Bachelor’s Degree.

Upon relocation to Texas from Australia in 2006, he founded One Stop Tax Services Inc., a national income tax preparation franchise with its headquarters based in Houston.

Some of his accomplishments include being Chief Executive Officer of the One Stop Tax Franchise Systems Inc, with over 40 locations nationwide and Chairing the Lonestar College Business Management Advisory Board one of the largest and fastest growing community colleges in Texas among others.

 

KCB Diaspora Banking

By Jacquiline

Kenya Commercial Bank (KCB) is among the few Kenyan financial institutions that have gone beyond borders to serve Kenyans at the comfort of their country of residence. KCB Diaspora Banking provides products that allow Kenyans to have a complete financial connection to home regardless of where they are in the world.

Their bouquet of Diaspora Banking products and services that offers safe and convenient money management include accounts, mortgage, insurance, investment products, money transfer and Islamic banking.

The Diaspora Accounts covers all of your needs ranging from Goal Account, Tuungane Chama / Investments Group Account, Student Account Student Account, Junior Account, Investment Account, Transactional Account and Current Account. As a KCB client in diaspora, you can therefore save, invest or even perform your day to day transactions with so much convenience.

With over 120 years’ experience, the bank has tailor made mortgage for Kenyans in diaspora to enable them own a residential or commercial property as well as land.

The team prides itself in offering loans with the best and most competitive interest rates in Kenya: KES – 14%; USD – 10.5%; GBP – 9%; Commercial property – 17%.

A Kenyan passing on while abroad leaves a huge financial responsibility to the family and friends to cater for the funeral costs but this can be made easy through KCB’s Death and Funeral cover. There are also other insurance products to choose from including Emergency Medical cover, Personal Accident cover and Inbound Travel cover.

Kenyans living abroad can confidently make secure and profitable investments effortlessly with guidance from the banks financial experts. The products include fixed deposit, T-Bills and Stock Market Investment.

Diaspora remittances in Kenya involve huge sums largely contributing to the country’s growth and development according to CBK. KCB has strategic partnerships to enable Kenyans in Diaspora to conveniently send money to family and friends back home through any of its over 250 branches.

Some KCB partners in money transfer include KCB Swift Transfer, WorldRemit, Tranfast, SimbaPay, Xpress Money, Western Union, MoneyGram and Ria Money Transfer.

Ultimately, Islamic banking has also been put in consideration and includes current accounts, transactional accounts, saving accounts, business banking and financing facilities.

For information and account application contact:

Simon Muracia

Email: muracia@gmail.com

Phone: 07702184152.

We adhere to GDPR policy.

CynergiLink; The Diaspora Investment Club to Belong!

Kenyan’s in UK’s diaspora have decided to come to together to build a diaspora investment club where membership is acquired through subscription.

The group focuses on being a long-term investment institution for Kenyans in diaspora despite being in it’s initial stages with interim leaders.

“We hope to be the number one choice for investors”, said Ms Josephine Njogu, the interim chairperson.

The members aim to gain self-development by investing via the club with a promise of transparency which is a key virtue for Kenyans abroad who want to invest back home. This is because, their trust has been betrayed before by being swindled by family members or other entrusted parties while they made an effort to invest in Kenya through them.

CynergiLink comes to bridge this gap with equal partner membership where project shall be proposed, debated on and funded by all members with none dictating the activities that must be done.

The soon to be diaspora powerhouse, aims at capturing the market through brand awareness and becoming the biggest diaspora group dominating London Stock Exchange within the next five to eight years which they term as their long-term goal.

The drivers of change are none other than any Kenyan living in UK willing to subscribe to membership at only 100 pounds as well as give a monthly contribution of 50 pounds for commitment as the membership grows and deliberates on investments projects to engage in as elaborated by the Communications manager, Ms Mukami.

Investment in real estate has always been the first area of interest for Kenyans in Diaspora and it is not an exception in CynergiLink as highlighted by the interim IT specialist, Patrick Muriuki. The group even suggested to take it a notch higher by considering investing in London’s property unlike the usual back home.

If you are looking to be a member you can join the group and be part of the self-development focused group.

You can watch: https://youtu.be/LYKDwPC7myY

2018 Commonwealth Business Forum (CBF) Unites Business Leaders, Industry Experts & Philanthropists

Compiled by Jacquiline WahuThe CBF business magnates panel convened to share their innovations in balancing profits & purpose at business of sport and entertainment round-table chaired by CEO of Sterling Media and CWEIC Advisory Board Member Natasha Mudhar.

The discussion featured a compelling and insightful exchange of ideas and knowledge, as some of the Commonwealth’s most entrepreneurial minds in sport and entertainment deliberated how the commonwealth sport and entertainment industries can take advantage of new revenue streams, channels of communication, distribution, and partnerships, and whether, in an ever-changing volatile climate, the sports and entertainment industries have a moral obligation to be more socially conscious and focused on purpose.

Natasha raised the point that there has been a proliferation of new revenue streams, markets and distribution channels for entertainment and sports, which has helped to enhance the bottom line.
“In recent years, many more businesses are seeking to shift their brand purpose and vision, in response to creating a more authentic, relevant and meaningful conversation with stakeholders, and how the focus is shifting from profit to purpose,” she stated.

She further commented on the power of entertainment and film in creating social change, saying “Entertainment in action tells us that you can inspire and entertain in equal measures.”

Social responsibility was one of the major points discussed and raised at the panel. They reflected on whether the sports and entertainment industries should be socially conscious or if this should be a task for the not for profit sector and governments, and what initiatives, if any, are being undertaken to expand and measure the social footprint of these industries.
Ian Stokes in response highlighted, “It is nice to see how development in the regional level is spilling over into the national level, as demonstrated by India in the recently concluded Commonwealth Games in Australia.”

Moderated by Dr Kamel Hothi, Non-Executive Director for Sterling Media and Advisor for the Queens Commonwealth Trust, the panelists composed of prominent figures in entertainment and sport like Satish Modi, Chairman, Modi Global Enterprises; Robert Maxfield, CEO, Professional Golfers’ Association (PGA); Paul Smith, Director of City and Spectator Experience, Cricket World Cup 2019 and Hannah Wood, International Campaign Development Manager among others.

Following a dynamic discussion that encompassed a range of ideas including partnerships between education and cinema, and video games and sports, convergence as a driving force behind purpose emerged as the theme of the panel.
Concluding the session, Natasha and Dr Hothi then proposed a code of conduct that all current and upcoming influencers in sport and entertainment should sign to ensure that they practice and demonstrate positive messages. Natasha also stressed the need to turn awareness into action as a result of the panel. Encouraging each participant to become a change-maker.

As a result of the session, Natasha called for the panel to reconvene in the near future to continue the discussion surrounding the business of sport and entertainment in the commonwealth, creating a legacy of collaboration and shared ideas between the two industries.

The CBF is organised biennially by the Commonwealth Enterprise and Investment Council (CWEIC) and took place ahead of the Commonwealth Heads of Government Meeting (CHOGM).

CBF is an exclusive event that has convened 800 senior business leaders alongside 30 Heads of Government at three iconic Central London venues considering it’s the first time since 1997, to take place in London.

SOURCE

For further insight visit: CWEIC

President Kenyatta in London; to Deliver an Address at Chatham House

By Jacquiline Wahu

Kenyans in UK, come out in numbers to support the President as he delivers an address at Chatham House, the shrine for policy and investment thinkers in London.

DAY: TUESDAY

DATE: 17TH APRIL 2018

TIME: 2.00PM

 VENUE: CHATHAM HOUSE

His speech will dwell on Kenya’s efforts in achieving inclusive growth, the positive role Kenya is playing in supporting regional peace, and its station in a globalising world.

It is essentially a platform for the President to share his view on a range of areas as a Kenyan leader, as a Pan-Africanist, and as one of the people closely involved in seeking and securing peace in our region–in South Sudan, in Somalia, and are also addressing the matter about which he cares deeply such as regional integration.

He will also speak about the Big Four development agenda, which is at the heart of his drive for inclusive growth, as explained by Manoah Esipisu.

 

Kenyan Youth Yearn for Business Knowledge and Skills

By Jacquiline Wahu

Kenya’s youth in business turned up in great numbers to kick off the month of April with all the motivation they need as they met great personalities in business in a forum organized by The Chambers of Commerce at Metta in Nairobi.

Vimal Shah, the Chairman of Bidco Africa, and well known for the growth of the company was the chief guest at the event while the panelists included Terryanne Chebet who is a Media Personality and a Business woman, Raymond Ochieng C.E.O National Youth Council among others.

Mr. Shah urged the youth to have a positive attitude as he termed them as the drivers of change. According to him, the current generation only needs to work on their attitude as they can learn all the entrepreneurial knowledge and skills they require from the internet.

“Universally change is the only constant, in fact from now going forward things will change much faster than it ever happened”, Mr Shah said as he implored the young entrepreneurs to be flexible and ready embrace change.

He added that the achievement of this nation depends on the youth which is the majority of the nation’s population. Also, the youth were encouraged to stop looking down on farming as it is no longer agriculture but agribusiness.

He termed unemployment of youth in Kenya to be worse than cancer and advised that entrepreneurship has a massive capacity to solve the problem.

 

Hacks to getting business funds

The government may not have job opportunities for the great numbers of youth joining the job market every year. However, it has put in place platforms through which the youth can acquire funds to start of their businesses.

As stated by Raymond, the youth must learn to approach the government in an organized manner. They must have all the documents required in place.

He told the youth to make use of the platforms that have been availed by the government specially to take up the Youth Enterprise Development Fund as well Access to Government Procurement Opportunities (AGPO).

In a rejoinder by Ms Kibet, Board Director at Youth Fund, the youth were assured that the government has enough money to loan out to those who are serious about business and ready to pay back as the money is meant for a revolving fund.

Benefits of Youth Fund

She clarified that not only does the fund avail money for start ups upon approval of their application but also offers training to a group of entrepreneurs from their locality. They only need to apply.

The fund also offers loans to existing business as well as useful network through various forums particularly KNCCI which is the pillar linkage for youth to global platforms.

Counties also Encouraging Youth to Embrace Entrepreneurship

A joint venture by Kiambu County Government and Italian Government dubbed, “Reducing the adverse drivers of migration through local value chain development”, targets to benefit 4,000 youth by equipping them with knowledge and skills on the best farming practices and value addition to create jobs.

The project aims at demystifying the notion that farming is for the old and uneducated but see it as a very productive venture with great profits.

The initiative which was negotiated by former Kiambu Women Representative Ann Nyokabi is expected to benefit from Sh 6 million funding by the Italian Government.

Together with Food and Agriculture Organisation of United Nations (FAO), Kiambu government is implementing the scheme which was launched last month by the Italian Ambassador to Kenya Mauro Massoni, Dr Gabriel Rugalema (FAO) and the county’s Governor Ferdinand Waititu.

“The project will be done in three phases and will give adequate skills in new agricultural ways, entrepreneurship and management skills. The objective is to ensure that there are increased returns in farming through innovations and value addition, which is the only way to lure youth into the venture which locally is perceived as the preserve for the old and uneducated by many youths.”, Mr Massoni said in his remarks.

Kisumu County is also encouraging traders to venture into activities like poultry, cotton, dairy and sorghum farming for Kenya Breweries Limited among others as said by Ms Moraa, the County Executive for Business, Energy and Industry, as she presented cheques worth Sh5.8 million to small scale businesses.

 

Look out for the continuation…

Source

Garden City Mall to Expand Under UK Based Property Manager

 

By Jacquiline Wahu

Knight Frank Kenya has won the contract as the new property manager of Garden City Mall after a previous agreement with a South African based Broll came to an end.

The real estate consultancy with its headquarters in London signed a pact to be in charge of the mall effective from March, with Actis the developer.

This Development property which intends to expand by building a business park, is Nairobi’s first fully-fledged mixed-use development with retail, residential and office space, all planned on 47 acres of land adds to 11 other malls being managed by Knight Frank Kenya.

Other malls under their management in Nairobi include; T-Mall, Ridgeways Mall, Capital Centre, The Junction Mall, Rosslyn Riviera Mall, Lunga Lunga Square, Signature Mall and Diamond Plaza II. They also manage other malls in other counties.

“As Kenya’s first mixed-use development, Garden City has premium retail and office space available for lease and residential units for sale or lease, so Knight Frank has just the management and marketing expertise that we are looking for. We are excited to have Knight Frank Kenya coming on board to join the Garden City team and are looking forward to a busy year ahead,” said Garden City Development, Chris Coulson.

The real estate consultancy prides itself in the experience of managing other major shopping joints across the country through leasing and management for the past two decades. Over the period it has brought on board major international retail brands into the Kenyan market, latest being Shoprite which is projected to take up the anchor’s space in the Mall by August 2018.

To express their excitement, the managing director Ben Woodhams said that the deal is a key milestone for Knight Frank Kenya as they celebrate their 20th anniversary. “This It brings our long-standing relationship with Actis full cycle as we were the lead letting agents for the mall and have worked on other developments together since early 2000s.” He added.

Knight Frank is also the letting agent for the business park and sales agent for residential at Garden City.

The first phase of the business park will have 125,000 sq ft—60% of which is already leased, while two subsequent office blocks will deliver a further 125,000 sq ft. Garden City residential currently has 215 units of townhouses and apartments, with a further 400 units planned. Future plans in the development include a hotel, medical facility and other complimentary commercial uses.

Knight Frank LLP is the leading independent global property consultancy. The Group advises clients ranging from individual owners and buyers to major developers, investors and corporate tenants.

Images Source

Source: Knight Frank

Nearly Two Decades Later Air France Returns to Kenya

By Jacquiline Wahu

Air France Boeing 787-9 maiden trip, after 18 years break, to Nairobi’s JKIA on March 26th 2018 marks a memorable day for the Kenyan skies.

The return of the French National Carrier shows the demand of access to Kenya’s Capital from other major cities in the world.

The new operations of Air France will serve three weekly flights to Nairobi from Paris-Charles de Gaulle.

By connecting France to Kenya, the company majorly targets a business clientele in the expanding economy of the Kenyan capital according to Frank Legre, Senior Vice President for Africa at Air France KLM Group.

At a press conference with the Kenyan press during the arrival of the inaugural flight, Frank highlighted that close to 80 French companies are currently based in Nairobi, a figure that is continually rising by the day.

This comes after a signed partnership with two other airlines including KLM Royal Dutch Airlines and Kenya Airways. This joint venture will enable travelers reserve flights operated on a code-share basis by one of the three airlines on round-trip services between Paris-Nairobi and Amsterdam-Nairobi offering 24 daily flights on the route.

The KLM General Manager East African, Arthur Dieffenthaler expressed the group’s excitement to be back and promised to offer the best of their products to Kenya and East African region.

Being a founding member of the Skyteam global airline alliance and a subsidiary of the Air France–KLM Group, the French Carrier adds to the key international airlines that have resumed flights to Kenya in the past years indicating increased travelers demand.

Coincidentally, two years ago German’s Lufthansa resumed its direct passenger flights to Nairobi after 18 years.

Last year, TUI Netherlands was yet another airline to make a comeback after 3 years suspension of its operations to Kenya. The Dutch-based Airline returned to book travelers three weekly KLM flights for a tourist’s package.