World Bank report our economy stands at 5.9%
In the year 2022 Economy was at 4.3% when the UDA Government took over, From current World Bank report our economy stands at 5.9%
Digital Superhighway pathway to a brighter future for all Kenyans
In today’s ever-connected world, the Internet is not just a tool for communication, it is the foundation of innovation, economic growth, and social development. For a country like Kenya, where innovation and entrepreneurship are thriving, harnessing the power of the Internet is not just a matter of convenience but a critical driver of economic growth.
Nairobi declaration is a resounding victory for African countries
Undoubtedly, the summit represented a watershed moment for the continent. As a member of the East Africa Legislative Assembly (EALA), I find it inspiring that Africa has taken a substantial step towards becoming a proactive global participant, reshaping the multilateral financial model.
Building meaningful partnership between Germany and EALA
Honoured to engage in insightful discussions with Ambassador H.E Sebastian Groth and President Hon.MartinSchulz of FESonline (FES-Kenya). The German government and FES remarkable project of Just City is a testament to their commitment to social inclusivity and urban justice. Together, we strive to build a society where every individual thrives in dignified living spaces. Grateful for their partnership in creating a more equitable future.
Partnership exploration between MzalendoWatch and EALA
Kenya EALA MPs hosted MzalendoWatch at the Parliamentary office, Arusha, to explore areas of strategic mutual interest at regional level.
Kenyan investors and traders have been encouraged to seize the immense market opportunities presented by the East African Community (EAC) region to expand their businesses.
East African Legislative Assembly (EALA) MP Maina Karobia is in particular appealing to manufacturers to target the 300 million population of the EAC member countries in marketing their wares.
Speaking during the opening of the new Grand Maria Industrial Park in Thika, Kiambu County, the legislator said the regional assembly has enacted laws that make it easy for member states to do business.
Karobia spoke as local industrialists asked the government to intervene and remove bottlenecks that threaten to derail their operations including unavailability or unfair distribution of raw materials.
James Kamau, one of the directors of the new Industrial Park based in Thika’s Ngoingwa Estate said scarcity of ethanol which is the main ingredient in production of alcoholic beverages was a major challenge.
The EAC, consisting of Kenya, Tanzania, Uganda, Rwanda, Burundi, and South Sudan, offers a sizable consumer base and a framework for regional economic integration, making it an attractive market for Kenyan businesses.
Another industrialist, Bimal Shah also expressed concern over delays in approval of building plans by the Kiambu County government.
Earlier, Karobia said manufacturers of hygienic and lawful alcoholic drinks should be protected from manufacturers of illicit brews who flood the market with dangerous products and deny the government revenue.
Local businessmen led by Gloria Kamau welcomed the new industrial park saying it offers job and business opportunities for hundreds of youths and asked the government to tighten the noose on importers of counterfeit goods.
Isaac Waititu, the Project Manager for Grand Maria Park, said the new industrial zone sets the pace for Thika to transform to City status and is easily accessible from Nairobi and other urban areas.
Grand Maria Business Park which hosts four factories in its premises joins three other industries that have been set up along Thika-Magumu road, 3 Kilometers from Thika Superhighway.
The establishment of new industries in Thika marks an important step in the town’s transformation towards becoming an industrial city.
Thika, known as the “Birmingham of Kenya” in the past, has had a history of industrial development and is now poised to build on that legacy.
Ref: Kenyan investors urged to take advantage of expansive EAC market to do business