Browsing: Doing Business in Kenya

Businesses activities in Kenya increase tions
  • Business activity in Kenya increased in September, helped by the conclusion of the general election 
  • The Purchasing Managers’ Index (PMI) commissioned by Stanbic Bank shows that the growth in business activity in Kenya was the first recorded in seven months 
  • As a result, the headline index posted in September was at 51.7, up sharply from 44.2 in August.
  • The reading signalled a renewed and modest improvement in overall business conditions.

A new report has shown that the conclusion of the general election in Kenya led to increased business activity in the country in September.

According to the Purchasing Managers’ Index (PMI) commissioned by Stanbic Bank, the growth in business activity in Kenya was the first recorded in seven months.

Business activity in Kenya was supported by customer demand growth following the general elections’ end.

It was also supported by an improvement in supply chains, encouraging firms to purchase more …

When Covid-19 came flooding, small businesses were especially hard-hit with 31% stopping operations as a result of the crisis, according to Facebook’s State of Small Business report. But even in these unprecedented times, business must go on. Here are some strategies some businesses have successfully used to address the challenges you may also be facing. 

Leveraging on strategic relationships 

This has especially been seen in the food industry where restaurants and eateries are suffering from reduced foot traffic. Enter cloud kitchens. The lockdown period enabled restaurants, home cooks and chefs to offer food directly to customers via websites, apps, social media and mobile contacts. This new development has it that the global cloud kitchen market will grow to $236 trillion by 2026. For instance, Moh Wingz and Bwibo blew up during the lockdown period. 

Also Read: Promoting Intra-Africa Trade: Pathway To Unlocking Africa’s Economic Potential 

Digital

By Caroline K. 

There is something very … approachable about Mary; she gives off a welcoming presence. As the owner of a successful public relations company, she is a pioneer in her own right. Having started the business at the age of 23, she has come a long way to becoming the person she is now. She shares on what has made her journey a successful one this far. 

  1. In your opinion, what does it take to run a successful PR company? 

To be honest, I wouldn’t want to make it sound like there is a one-size fits all formulae for success but I will share what has worked for me. One: discovering myself, what my strengths are and what I am truly wired for. Two: my relationship with God; this has moulded me into a patient individual and has taught me how to perseverant.  

  1. How have things changed