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"helping Small Business Owners Scale the Steps to Business Success"

"helping Small Business Owners Scale the Steps to Business Success"
Symbol of Hope for Small Businesses in East Africa

Monday, August 29, 2011

Small & Medium Enterprise Support, East Africa: PRIVATE SECTOR LEADERS MEETS THE PRESIDENT IN KENY...

Small & Medium Enterprise Support, East Africa: PRIVATE SECTOR LEADERS MEETS THE PRESIDENT IN KENY...: KEPSA meets the President to discuss Kenya's Industrialization and Competitiveness Agenda KEPSA met the President, his Excellency Mwai Kiba...

Monday, August 15, 2011

PRIVATE SECTOR LEADERS MEETS THE PRESIDENT IN KENYA

KEPSA meets the President to discuss Kenya's Industrialization and Competitiveness Agenda
KEPSA met the President, his Excellency Mwai Kibaki on 27th July during its bi annual meeting, the Presidential Private Sector Working Forum (PPSWF) at Harambee house, Nairobi to discuss Kenya’s Industrialization and Competitiveness Agenda. KEPSA called for a complete paradigm shift in the current context of high cost of living, energy shortages, drought and famine situation by the government and all stakeholders to focus on factors of production and give incentives to enhance sustainability rather than focusing on factors of consumption.

On the other hand, KEPSA commended the government for various milestones achieved with regard to the implementation of the new Constitution and other infrastructural developments that will sustain the country as an economic hub regionally and beyond.
KEPSA however urged the government ministries to be mindful of timeliness in public procurement processes as well as during implementation of various development projects. It appreciated that Kenya was pioneering in the public private sector engagements through a policy framework formulated by the Ministry of Finance.
KEPSA suggested to the government to mitigate the current drought and famine in the country by capacity building in the irrigation sub sector within the agriculture sector to ensure food security and avoid over-reliance on rain-fed farming. In addition the government should now shift focus by improving inter-ministerial coordination among relevant ministries on food security issues to avert this perennial disaster.

Other issues discussed included the establishment of the Special Economic Zones as key drivers to addressing unemployment, increasing competitiveness and achievement economic growth; national security; exploiting the potential in Business Process Outsourcing sector and reviving the Kenya National Chamber of Commerce and Industry.
The KEPSA team was led by Vimal Shah, the Vice Chairman.