Online marketing is rapidly growing in the Kenyan Market with most companies and entities using internet to get their business known and creating awareness to the consumers. Most companies are using the web and email. Kenyan consumers find it convenient to use internet search engine by simply using their internet connected gadgets. Online Marketing companies in Kenya have grown from 8678 last year (2013) to 10034 this year (2014).

Apart from the marketing companies which market other entities through advertisement of jobs or their goods and services, each of the Kenyan company, entity or institution has a website to create awareness and give information to the society. Advertising field is slowly losing other advertising tools like Billboards, Posters, Newspapers, Television, Radio and road shows. This has been proved true by a study conducted in Nairobi Central business area where several business headquarters are located.

The study conducted between the month of January 2014 and April 2014 by use of face to face data collection and questionnaires. 200 operating businesses in the Nairobi central business center were studied. Among the two hundred, 20 were government entities.

The multinational companies used different adverting tools which included consulting Marketing agencies, billboards, television and newspaper with a higher percentage cost and emphasis going for online advertising. National companies used online and newspaper. Small business entities used online and posters.

Most advertised areas were products and services offered, career openings and tenders. Multinational companies consulted for career advertising and recruitment, National businesses advertised their careers in the web and the newspaper and small operating businesses used posters to advertise for job opening. Government entities used newspaper and website.

Information technology departments were responsible for the technical adverting of the business. Banking institutions were advertising to both external and internal customers about their new offers using brochures; the brochure referred them to their website for more information.

Eighty two percent of the businesses had their own website but still used other online advertising companies to create awareness to a bigger audience. Electronics and property companies were engaged in online marketing more than fast moving consumer goods producing companies.

Modes of advertising like use of radio seemed to be very low followed by use of road shows, Government entities engaged themselves in advertising compared to other entities. Multinational companies engaged themselves in advertising in a higher rate compared to other businesses.

           Advantages of using online Marketing

• It saves time and money compared to other ways of creating awareness.

• It not tedious hence saving labor energy.

• It is easily accessible in this generation where internet services are convenient.

• It gives more details about the product or services being advertised which is contrary to other modes of advertising.

• It is a fast mode of sales because of the introduction of online selling.

• It has led to income generation to those who own advertising websites.

• It can be done anywhere any time hence giving easy time for the managing directors to track their business records.

• Online advertising attracts customers from any corner of the world hence growth of the company.

• It has reduced congestion in many offices with people wanting to enquire about a certain service or product.

• It has become easy for the customers to search for goods and services and compare the quality and prices without going to window shop.

• Young entrepreneurs are picking fast in the business due to use of online advertising.

Disadvantages of online marketing

• It has led to close of different marketing agencies who used other modes of advertising

• One has to keep on updating the website for the search engine will consider the most current adverts especially in the advertising websites.

• For every consumer to be updated they have to use internet services which is costly compared to just reading a poster, billboard, listening to radion or watching television.

• Stiff competition has gone up in companies with each going online and some being experts in their online advertising than others.

• Only computer literate and internet users are targeted online marketing locking up the other population who do not use it.

As time goes by, technology in Kenya keeps on changing as well as our lifestyles in Kenya. In the past, Kenyans used to buy one by one item at the shops in Kenya commonly known as “Duka” or “Kiosk”, and items from the local shops in Kenya were bought only when they were needed. Today there is the emergence of many supermarkets in Kenya and shopping malls in Kenya which allow Kenyans to shop all they need at one point of sale. These revolution in shopping options for Kenyans has given us the ability to do shopping once in a while to avoid frequent visits to the shopping malls in Kenya.

Now that Christmas is here in Kenya, many Kenyans have the tradition of travelling back to there upcountry homes. Everyone is talking about Machakos city in Kenya which is to be. The proposed Machakos City in Kenya has led to many Kenyans moving to reside near Machakos Town in Kenya. This population and demand has lead to increase in businesses booming in Machakos area in Kenya and to expansion of already existing businesses in parts neighbouring the proposed Machakos City in Kenya.

Peter mullei and sons supermarket in Machakos Kenya are the leading business partnership and providers of most of basic products to the people of Machakos. Peter mullei and sons supermarket in Machakos have now opened the third branch in Machakos town in Kenya which provides products and services nearer to their customers. The first branch of Peter mullei and sons supermarket in Machakos in Kenya is peter Mulei pioneer supermarket in Machakos which is the main branch and is located opposite The Machakos General Hospital in Kenya. The second branch of Peter mullei and sons supermarket in Machakos which was opened early this year is Peter Mulei Express supermarket in Kenya situated at the main bus terminus in Machakos. The last and the newest branch of Peter mullei and sons supermarket in Machakos is called Peter mulei Masaa supermarket in Machakos which is located opposite cooperate bank of Kenya Machakos branch on the way to Machakos market center in Kenya. Though the Peter mullei and sons company in Machakos town in Kenya has another branch at mulolongo, the above mentioned branches are the only branches within Machakos Town.

The products of Peter mullei and sons supermarket in Machakos ranges from home furniture, Electronics, Home appliances, Clothes, Home crafts, Farm fresh, Home use products and wines and spirits products. The Peter mullei and sons company in Kenya also offer client services ranging from M-PESA services, Gift vouchers, Loyalty cards, Promotions, Offers, Adverts, Equity agents, Restaraunts, Muleis hardware, Customer resources and Suppliers in Machakos town in Kenya. Peter mulei supermarkets in Machakos believe in customer loyalty and hence effective communication as the goal in every aspect of their business. You can reach Peter mullei and sons supermarket in Machakos on P.O Box 1542 – 00200 Machakos in Kenya. You could also reach the Peter mullei and sons supermarket Headquarter Pioneer on mobile number 0718998665. The Peter mullei and sons supermarket Xpress branch on 0706829390 or on Peter mullei and sons supermarket email [email protected], [email protected], [email protected]. Peter mullei and sons supermarket in Machakos has a Website on www.petermulei.com

Most of the Kenyans have seen the importance and the benefits of investing in the real estate sector. This sector thus involves a lot of building of structures in form of all types and designs of houses which require many equipment through their completion. The major equipment and tools required may include cement, stones, sand, bricks or blocks, iron sheets, pillars, paints and much more tools.

This therefore require the investor or the person trying to build their houses be ready for the provision of all these tools and requirements. The most of the important part in the building process is the finishing procedure. All the people want their houses to be beautiful and have the best designs that outdo all the standards of the common houses. They therefore have to use the best quality products to achieve this. The best quality paint in a house will achieve the most objectives of those building their houses.

Thus the major problem is to identify the best paints in the market as there are very many brands which are out for sale. All the paints have different products and the manufacturer assure the customers that they are the best. However, Crown Paints Kenya Ltd has come to the rescue of these customers.

Crown Paints Kenya Ltd is the best industry in paint products that ensure that the customers experience the best out of their products. This company has been in the market for over 50 years and therefore have the taste of their customers and this has ensured that they provide the highest standards of the products. For their best services to their customers, they have partnered with various industries locally and internationally some of which include DuPoint Teflon surface protector, Crown Paints UK, Mastermix Automotive, Nexa Automotive, Flowcrete South Africa, Regal Paints Uganda and Hempel.

Crown Paints Kenya Ltd offer decorative products to their customers which range from products that can be used within all residential houses, factories, offices and public buildings for the main purpose of decoration and protection. Through their computerized color system, they present over 2000 color shades available in various popular interior and exterior finishes. Most of the decorative range are Gloss oil based, Emulsion water based, Textured Finishes special effects, wood finishes, Roof paints, Floor Paints and Next generation finishes

This manufacturing company also ensure that their customers have the best knowledge on how best to use their products. This company provide information to their clients who will educate the painters on how to use their products. They present the educative programmes such as the Crown Decorator services to educate their customers on how well to use their decorative products as well as Crown Paint Specifier which are guidelines to their customers on the best paints and decorative products that they can use and get the best out of them in the different surfaces and environments.

The customers who are interested in the products and services of this Kenya leading paint manufacture or for any assistance and enquiries can get in touch with them through their contacts. They can be reach through P.O Box 78848 – 00507 at Likoni Road, Industrial area Nairobi, through Telephone +254 20 6533604, +254 703 333777, +254 703 333888 or through email [email protected], [email protected] or [email protected]    

 

WHAT ARE ROLES OF FINANCIAL INSTITUTIONS IN KENYA IN THE FINANANCIAL MARKET

    A financial institution is a company other than a bank which carries on or proposes to carry on financial business and includes any other company which minister may be by notice in the Gazette, declared to be a financial institution. It is possible for a company to start as a financial institution and then later apply for this status. If the minister accepts, then it becomes a financial institution. Financial institution accepts money from the public as deposits.

A perfect market is one that fulfills the following conditions:

•  Have a large number of savers and investors.
• The saver and investors are rational and have the capacity to transact.
•  All operators in the market are well informed and information is freely available to all of them
•  There are no transaction costs.
• The financial assets are infinitely divisible.
•  The participants in the markets have homogeneous expectations such as maximizing returns.
•  There are no taxes.

   These types of markets does not exist may be in theories only, thus markets are imperfect. Information is not accessible freely by all participants in the financial market and securities cannot be broken indefinitely.

   Financial institutions are needed to resolve the problems of imperfect markets. They receive requests from surplus and deficit units on what securities are to be sold. They use this requests to match up buyers and sellers of securities in this markets. However financial institutions in order to provide for divisibility, they may at times un-bundle the securities by spreading them across several investors until the entire amount is sold. Without financial institutions, transaction costs and information cost would be expensive and prohibitive.

ROLE OF DIPOSITORY INSTITUTIONS

Depository institutions accept deposits from surplus units or savers and provide credit to deficit units or borrowers through loans and purchase of securities.  

The importance of depository institutions in the financial market includes the following;

1)      They offer deposit accounts that can accommodate the amounts and liquidity characteristics desired by most savers.

2)      They package funds received from deposits to provide loans of the sizes and maturity desired by borrowers.

3)      They accept the risks on loans provided

4)      They have more expertise than most individual surplus units in assessing the credit worthiness of deficit units

5)      They diversify their loans among numerous deficit units and therefore they can absorb defaulted loans better than individual surplus units could.

The importance of depository institutions can be appreciated if we consider what would happen if the institutions were not there.

Role of commercial banks as depository Institutions.

     Commercial banks are the most dominant depository institutions. They offer a wide range of deposit accounts. They transfer the deposits to deficit units through loans, advances, overdrafts, letters of credit, letters of guarantee and they can also buy debt securities. Commercial banks serve both private and public. Their services are utilized by households, businesses and government.

Savings institutions

These institutions are also called thrift institutions. They include; savings and loans (S&L) and savings banks. Like commercial banks, S&L offer depository facilities to surplus units they then channel these surplus to deficit units. S&L concentrates on residential mortgage loans unlike commercial banks who concentrate on commercial loans

Credit unions

These institutions differ from commercial banks and savings institutions in that they are

• Nonprofit making organizations,
•  Restrict their credit to the credit union members who share a common bond e.g. common employer, common business, common geographical location etc. they use most of their funds to advance loans to their members ( these are normally referred to as savings and credit organizations. Examples include Mwalimu Saco Nakuru

Role of non depository financial institutions

None depository financial institutions generate funds from other sources other than deposits. But also play a major role in financial intermediation. These institutions include:

• Finance companies

Most finance companies obtain funds from issuing securities then lend the money to individuals and small businesses. Although the functioning of finance companies overlap those of depository institutions, each type of institution concentrates on a particular segment of the financial market. Many large finance companies are owned by multinational corporations

• Mutual funds

These types of companies sell shares to surplus units and use these funds to buy a portfolio of securities. The Kenyan capital market is still in its infancy and such companies are not very common. Some mutual funds concentrate their investment in capital market securities, such as stocks or bonds. Others Known as money market mutual funds concentrate in the money market securities.  

• Security firms   

Securities firms use their information sources to act as brokers, executing securities transactions between two parties. In order to ease the securities trading process the transactions are normally in multiples of 100 shares and the delivery procedure is somewhat standard. Brokers earn their profits by charging a brokerage fee by differentiating between bid and asking prices. Small or unique transactions are likely to have a higher commission due to time taken to complete the transactions. Securities firms also provide investment banking services. Securities firms also underwrite new issues for government and private companies. Securities firms also act as dealers in which case they i.e. they can make a market for a specific security by adjusting their portfolio inventory.

Securities firms also provide investment banking services which include advisory services on mergers and other forms of corporate restructuring. And also execute the change in the firm’s capital structure by placing the securities issued by the firm.

Insurance companies

They provide insurance services to individuals and other firms that reduce the financial burdens associated with death illness and damage to properties including theft. Insurance companies charge premiums in exchange of the insurance that they provide. The funds collected in form of premiums, is invested (mainly in stocks or bonds issued by companies or bonds issued by the government) by the insurance companies until the funds are required to pay for the risks insured when it happens.

Pension funds

The working population, know very well that their energy to work is limited. To guard themselves against the eventuality, employers and employees save for old age where they contribute periodically. Such funds are available for a long time i.e. until retirement. The pension funds manage the funds until they are required when the employee retires. The money saved is normally invested in securities and bonds issued by corporations and governments. This way they pension savings are used to finance the deficit units thus acting as intermediaries.

 

 

 

 

 

 

 

Starting up a business in Kenya is a step many think about. Fortunately for many Kenyans, the business start-up capital needs not be immense especially if you want to engage in the selling of consumer goods in Kenya. Small business owners in Kenya would definitely benefit from a wholesale and distribution company in Kenya. Wholesalers in Kenya provide the needed goods and all small business owners have to do is to pick the goods up and place them in their shops in Kenya. Diamond Wholesalers Limited company in Kenya is known for its far reaching wholesale and distribution services in the Nairobi East area.

Diamond Wholesalers Ltd Company in Kenya is located in 1st Avenue 14th Street in Eastleigh parts of Nairobi in Kenya. Diamond Wholesalers Ltd Company in Nairobi is situated in the D D Plaza building and one can enquire about their services offered through Diamond Wholesalers Ltd Company email in Kenya at [email protected]. Those using public transport to Diamond Wholesalers Ltd Company in Eastleigh can easily reach the place by using matatus number 4 and 6 and alighting at D D Plaza Building in Eastleigh part of Nairobi. As the name suggests, Diamond Wholesalers Limited deals in bulk goods and is a main distributor of goods in Eastleigh part of Nairobi. This means that it is important for small business owners in Kenya to decide before hand what they need. The first thing to do while purchasing goods in wholesale is to make an inventory of goods available in Kenya that you already have in your shop. This will enable you to discover what goods you need to purchase and what you can acquire at a later date.

As a business owner in Kenya, your customers’ needs should always be on your mind. You do not want to purchase goods that your customers in Kenya will rarely buy. Diamond Wholesalers Ltd in Nairobi deals in various consumer goods such as Bidco products, Mumias sugar, Kenya Tea Packers Limited products, different types of rice, Royco, Rexona, Fair and Lovely and other assorted goods available in Nairobi. Before buying the consumer products in Kenya, determine the rate at which the products sell in order to determine how long you can keep the products before they expire. It would not be wise to purchase bulk products in Kenya that are set to expire long before you sell them.

Diamond Wholesalers Limited company in Kenya is also in the business of goods distribution within Kenya and a business owner in any part of Kenya can make arrangements to have the consumer products delivered right at their doorstep. Diamond Wholesalers Ltd Company delivery service in Kenya would serve to reduce the time spent on going to pick up the goods and also worrying about how to get there. Therefore, the business owner in Kenya can concentrate on selling the products to consumers in Kenya and maximizing your profits.

Networking in Kenya is important in any business and one way to keep your business alive is to be able to have a constant reliable supplier of goods and services in Kenya. Building a good relationship with an established goods supplier in Kenya goes a long way to stabilize your business. A good wholesaler in Kenya, such as Diamond Wholesalers Limited Company, provides you with quality goods at the required time since that is what a business owner needs to succeed in your business ventures in Kenya.

Loan sharks, mama mbogas, banks and telecommunication companies in Kenya are reaping huge rewards from the disconcerting habits of borrowing in Kenya. A nation deep in debt – that is one phrase that can be used to characterize these habits. You don’t have credit – just tap in some numbers and some credit will be transferred to you. You don’t have money for buying vegetables – don’t worry the mama mboga would be happy to let you pay at the end of the month. You can’t pay your rent – that’s what loan sharks are there for. It is so easy to borrow but often when it comes to borrowing small amounts of money, Kenyans rarely count the cost. So what things should you consider before asking for a loan? 

Interest Rates in Kenya

How much interest rate would you be required to pay at the end of your loan period? If you are asked to pay an interest rate of 10-15 percent, this may not seem much when you are in a desperate situation. For example, ten percent interest on shillings one thousand is shillings one hundred. If you receive a salary of 5000 thousand and you borrow 1000 each month, this translates to shs1200 interest by the end of the year, practically over one-fifth of your monthly salary!

Hidden charges in Kenya

This generally applies to banks and telecommunications companies. When you borrow a loan, there are those hidden charges like service charges. For example, if you ask for a shs10 credit for your phone you pay a service charge of one shilling every time you borrow some credit. Again, this may not seem much, but if you keep in mind that you are given just several days to repay the loan in Kenya, then you may begin to see the bigger picture.

Penalties for defaulting in Kenya

Every now and then something happens that gets in the middle of loan repayment in Kenya. When this happens the lenders take measures to get their money back. Loan sharks in Kenya resort to taking your property. Telecommunications companies put additional interest on your loans and some even shut down your account. Banks continue to put additional charges on your loan and may auction of your property. More often than not, what is taken from you is worth more than the loan itself in terms of cash and sentimental value.

Can Loans Be Avoided In Kenya?

Some Kenyans borrow money for credit simply because they are too lazy to go to the shops. They figure they can always repay it when they happen to go shopping next. This is despite the fact that there are many kiosks that sell credit right in the estates. Poor planning is also another reason people end up taking loans. They would rather spend their money on wants rather than taking care of their needs first. For example, instead of repaying loans owned to shop owners, Kenyans can arrange to make payments beforehand for their food stuffs. This way, the shop owners would just deduct from the money already paid.

Count the cost

It is best to develop a culture of counting the cost in Kenya before taking loans to avoid future heartaches. Learning how to budget in Kenya would remove the need of taking many loans and it will also enable you to save some money. A vital tip is putting money aside for the rainy days as they are called. Do not take loans simply because it is convenient. Learn to count the cost and borrow in Kenya wisely.

Kenya’s main income earner are exports sold to the outside world with its main market being Europe, America and the Middle East. It is then incumbent for Kenyans to understand the importance of exports and their impact to the economy so as to maintain trade with the outside world and facilitate foreign exchange. Our main exports are mainly agricultural products such as Tea, Coffee, Flowers, Sugar and other horticultural products.

“Growth of exports is important because of its effect on internal trade and economic stability. Even more, the rate of economic growth and the distribution of income and wealth in a country are closely related to export growth.”

Growth of an economy is directly related to exports. If exports increase at a faster pace as compared to imports, nothing can stop an economy from being a developed one. On the other hand, the instability in exports can adversely affects the process of economic development.

Lower exports mean low foreign exchange and lower foreign exchange in turn means a small purchasing capacity of a nation in the international market.

Fluctuations in export earnings introduce uncertainties in an economy. These uncertainties influence economic behavior by adversely affecting the level and efficiency of investment and in turn have a negative effect on growth.

In addition to the above factors, export growth is also important because of its effect on internal trade and economic stability. Even more, the rate of economic growth and the distribution of income and wealth in a country are closely related to export growth.

The concept of trade stability or instability may be based either on a country’s aggregate trade in comparison with the cost of the world or on a binary country pair comparison. Such binary pairs may be large depending upon the number of trading allies.

Export instabilities have been claimed to affect economic growth both positively and negatively. Fluctuation in exports earnings introduces uncertainties in the economy.

The other side of the picture is that a greater amount of uncertainty on export proceeds also brings about risk aversion. People tend to invest more in their own country and the economy starts improving gradually. But this is not much observed these days.

Export fluctuations, on an average, act as a hindrance to the stability and growth of the under developed countries. A high degree of export instability may be expected to deter investment on a number of grounds.

It is also expected to raise borrowing costs, because export fluctuations tend to cause balance of payment complexities. This ultimately leads to low confidence of people in the process of maintenance of the exchange rate.

Export instability stimulates inflation. The simple rule of the thumb is that as inflation rises in a country, the products and services tend to be costlier, with minor exceptions, of course.

Masaku Teachers Sacco in Kenya is one of the leading microfinance Sacc in Machakos County in Kenya with almost over 20,000 active members. Masaku Teachers Sacco in Kenya was initially founded as a Teachers Sacco in Kenya and only admitted those teachers in Machakos part of Kenya who were then registered with Teachers Service Commission (TSC) board in Kenya. Masaku Teachers Sacco main head office is located at Machakos CBD. Machakos Town in Kenya is around 62 km from Nairobi city in Kenya. With the vision to be a unique first choice financial institution in Kenya and east Africa at large, Masaku Teachers Sacco in Kenya has been promoting the socio-economic well being of its members through many activities such as helping them save and also providing teacher loans in Kenya.

Masaku Teachers Sacco in Machakos has two sections namely; FOSA section of Masaku Teachers Sacco and BOSA section of Masaku Teachers Sacco. FOSA section of Masaku Teachers Sacco in Kenya is the banking section of the financial institution in Machakos -which merely operates as ordinary banks. With its own activities separate from BOSA section but interworking together, the FOSA sectionnof Masaku Teachers Sacco has the following products for the Masaku Teachers Sacco members in Kenya; fixed deposit accounts in Kenya, saving accounts in Kenya, FOSA loans in Kenya, pumua loans in Kenya, Hekima loans in Kenya, Mpesa services and salary & pension advances services in Kenya. This FOSA section of Masaku Teachers Sacco operates from 0800 hours to 1600 hours on working days. The above mentioned services provided in FOSA section are delivered within a short time frame, since the section has embraced high technology in Kenya. For a member to qualify for the FOSA loans in Masaku Teachers Sacco, he/she must be an active member using salary/pension pay point account in Kenya, must have three current pay slips, has loan repayment ability in Kenya and three guarantors who are still able to pay in case of defaulting by the loan holder in Masaku Teachers Sacco. The features of the FOSA loan in Kenya can be downloaded from Masaku Teachers Sacco website at http://www.masakuteachersacco.com/ .

BOSA section of Masaku Teachers Sacco is the back office section of the Sacco in Machakos -which has the main departments such as Account & internal audit department, finance department and IT department. Similarly to the FOSA section, BOSA section of Masaku Teachers Sacco has its products to its members such as Normal loan in Kenya under which one can get emergency loans in Kenya, normal loans advances in Kenya and emergency loan advances in Kenya. The requirements to obtain normal loan products in Kenya via Masaku Teachers Sacco, the member should have an active account with clean records, a copy of latest pay slip in Kenya and his/her national ID card.

This Masaku Teachers Sacco main security to the issued loans in Kenya are the monthly contributed shares by the members. Therefore, the members of Masaku Teachers Sacco in Machakos are highly encouraged to contribute the monthly deduction since the more the share account in Kenta has, the more one can qualify in his/her loan application in Kenya. The repayment period of the Masaku Teachers Sacco loans in Kenya is also favorable to its members. Masaku Teachers Sacco in Kenya has branches in Masaku Teachers Sacco Machakos branch, Masaku Teachers Sacco Makueni branch and Masaku Teachers Sacco Kajiando County branch in Kenya.

Masaku teachers Sacco in Kenya in Machakos is located opposite KCB bank Machakos branch in Kenya just near the Machakos Mosque in Kenya. Masaku Teachers Sacco Machakos Branch is hosted by Mwalimu Centre Building in Machakos CBD. The mail contacts of Masaku Teachers Sacco Machakos are; [email protected]  and [email protected] . You can also reach Masaku Teachers Sacco Machakos branch in Kenya via P.O.Box 818-90100, Machakos Kenya.

In the current period, Kenya has embraced the advancement in technology and has incorporated it in to the different sectors of the economy. The most sectors of the Kenyan economy that technology has been used include education where the learners are able to use modern research tools and equipment such as Laptops and tablets in their studies as well as banking where technology has seen the security of the banking processes upgraded and the use of technology in banking has also contributed to the introduction of various awesome services such as internet banking and mobile banking. Many people in Kenya have invested heavily in their businesses and by ensuring that they incorporate the modern technology for the benefits and growth of their businesses.

Hasoft Kenya is one of the providers of enterprise applications and services helping many people to improve operations, drive growth and quickly adopt to changes in business demands by providing ICT services backed up by highly reliable and advanced technologies. This company based in Kenya ensure that business automation services that they offer to their customers will digitize the businesses and bring along benefits to the business owners. The most advanced and well-devised products and services that are offered by Hasoft Kenya ensure that the business automation is success.

Smart Business and Strategic consulting

Where their clients can look for advice on the foundation of rich and robust enterprise business solutions. This is important since a business will only last if the foundation of the business is strong and that the foundation ensure the rise of the business from new challenges and meet new opportunities.

Managed services and Solution development

This company offer the best management services of the business as well as devise the best approach on how to compete with the challenging business idea of the current world. Their solution development procedures ensures that it cater for all the types of constraints and also the future challenges that the business is to face.

Website Design

Being an ICT services firm they ensure that they develop the best business sites for their clients as a web presence is almost compulsory for a modern organization to project the right image. They provide the business or company with the best modern, fresh website from which to market the business and they do this at an affordable cost.

Hasoft Kenya Products

Apart from the services they offer to their clients, they also present their customers with the most modern and best products for the prosperity of the business. These products include;

Customer Relationship Management

Customers are the most important part of a business and therefore this company ensure that you do not lose your customers as they have in possession, quality sets of tools designed to help the business run in continuity or directly market the business. They seamlessly integrate into the business process regardless of type of business.

Financial Management

Finances in a business is scarce and therefore in order for business prosperity, finances should be well managed. Hasoft Kenya offer financial management services which is technologically monitored and that reduce the costs, shorten the process cycle times, deliver timely, actionable financial information as well as enforce global financial standards and business transparency. All these will ensure that the businesses will achieve financial goals after the incorporation of Hasoft Kenya Financial Management solution.

Business Solutions

Hasoft Kenya offers a unique range of business solutions tailored to the particular needs of the clients industry, whether the business is construction, emergency services, manufacturing and distribution, libraries and information Centers, restaurant, or any type of small to medium sized enterprise (SME)

 

 

 

 

Kenya is involved in alot of trade with other nations making it develop good working relationships that can help the country earn revenue by exporting the various products that are locally produced to be used in other countries.The following list comprises of the major trading partners of kenya.

China

It is currently the main trading partner with the kenyan government having signed about 15contracts in one day.China has greatly helped kenya in economic development as seen by the construction of the only superhighway in the country Thika road.It has since been assigned another contract to build the standard gauge railway and has various trading contarcts that are being signed.China is helping the country and many of its products are being purchased with alot of customers.Investors from china are being encouraged to come and invest locally to help boost business transactions.

USA

It is the worls most powerful country and has been a good trading partner with kenya ever since they attained independence.The USA government has been on the frontline to support ongoing projects that are doing well in the country.Good trading relationships are continually being developed each and everyday making it essential for the government to work with the Americans.Major exports from kenya are sent to the country.

COMESA

It is a body comprising of the east and south african countries.Kenya being one of them,takes the advantage and forms tarding partnership relations with such members to build more market for the country and ensure that the country achieves a more stable economic growth system making comesa to be a very important body for trade in the country.

EastAfrican Community

Comprises of the major countries of east africa that have come together to carry out trade and help each of the member countries to make profit and achieve amore stable economic growth.