chinese goods and services trading in kenya kenya s loyalty to china government
Business

Chinese goods and services trading in Kenya: Kenya,s loyalty to China government

China and Kenya relationship has existed for over forty three years; the relationship is purely based on business related projects, imports and exports. Chinese government has developed a strong brand name of their products and also government projects. Kenya benefits from China market through export of Agricultural produce. China is well known for its engineering expertise in construction, mining sector and oil exploration, Kenya lacks such expertise and it has much depended on Chinese government for the national development, Chinese government has been loyal to deliver according to the agreement, Kenyan government in return believes in their service.

China government has been winning several contracts in Kenya including construction of major roads, construction of institutions and the recent contract to construct railway line. These contracts are billion valued contracts. Kenya imports a wide range of products from the Chinese government, stocks of many shops and stalls in Nairobi is full of china made products. The products range from electronics, machines, clothes, cookery, baby toys, motor bikes, and herbal medicine and construction materials. Chinese loyal business with Kenya has created employment too; many Kenyans start their own business through selling china products.

Chinese business loyalty with Kenya takes a bigger market share compared to other countries like Japan, USA, South Africa, UAE, India, Saudi Arabia, Germany and UK. Goods shipment from China is cheap and easy with many companies offering shipment and bulk Airmail services at a lower cost. Kenyan president Uhuru Kenyatta has signed agreement with Chinese government; the contract invites Chinese investors in Kenya. Investors will produce their products locally hence creating jobs to Kenyans, the products will also be available in the market at a cheaper price. Kenyan economy will also be raised because of exporting those products.

China is a wonderful country to trade with, it is a peaceful country and they never breach their contracts. Technologically they are in a higher level hence boosting the Kenyans economic and technological development. Their products are affordable to Kenyan market hence bringing satisfaction to the final consumer. Chinese government has aided Kenya in globalization preventing Kenya from facing tough challenges of trading with other countries to get the same services and products. Some other countries impose high tariffs and others exploit African countries through globalization.

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best employers of kenya
Business

Best Employers of Kenya

 

BIDCO

The company is one of the best employers offering Kenyans with a wide range of employment opportunities. Bidco is among the fastest growing industries in the country and that gives it the reason to continue getting more room for Kenyans to fill the gap of busy operations taking place in the company. Bidco is spreading to other parts of the country and that makes it open for anyone that wants to apply for vacancy at their various branches. The prices are so friendly that encourages the members of the country to buy goods in bulk.

SAFARICOM

The company is the best network and communication service provider in the country. Safaricom continues to do well more especially by employing more Kenyans due to the many number of operations taking place in the area. The company has for a longtime been of much help to the society by offering to support major events that take place in them. It has taken over the kasarani stadium showing that it is growing at a faster rate and encouraging development in the country. The company continues to grow daily and more business opportunities are becoming more in the nation.

EAST AFRICA BREWERIES

The company is one of the best employers having some of the largest number of workers in the nation. It has offered various employment opportunities to people in various fields of life such as accounting, engineering and human resource centers. Many students that finish their higher education continue to and various vacancies in the place and more other opportunities continue to come.

ROYAL MEDIA SERVICES

The media industry is arguably the best in offering journalists with a lot of business opportunities to deliver a wide range of information basing on the various researches conducted in the places. The company has employed many Kenyans with talents in various fields as it has some of the best television programmes in Kenya. Royal media has won several awards and continues to extend to major parts of the world trying to deliver and distribute information at large.

EQUITY

The company is one of the fastest growing companies in the country. It has employed many Kenyans more especially the ones that do well in studies. The bank offers cheap way o keeping financial information and has since. It is spreading to many parts of the world for the sake of extending their services to the places. Equity has done well to support community projects and sponsors students and other people in need.

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uses of national income statistics in kenya
Business

Uses Of National Income Statistics In Kenya

In kenya,the national income statistics is charged with the following responsibilities of ensuring that the income benerated by the public is put to good use and that it will not have a negative impact on the lives of kenyans.Therefore from the above,the following are some of the major uses of the natinal income statistics in the country.

Economic Planning

It helps the government in conomic planning by simply outlining the more productive areas as well as showing the ones that perormed the worst.The body helps to manage this by showing the major trends in consumption of the products.

Measures the living standards of people

Improvement in the national income of the public shows high rates of economic growth in the country hence one should use it to show some trends of growth by the of life displayed by people in the country.It is of mutual benefit to the government and the citizens in general.

Assessing the performance of economy overtime

The process is achieved by using the number of periods used to obtain the results of a particluar place.The performance in seasons is then compared and the data obtained will determine what period was unprofitable to the government in order for them to make the needed challenges.

Investment desicion making

provides investors with numerous opportunities of getting the needed information about the common market trends that is crucial in saving the time used in cost carrying the market research of a place.

Comparing the economic performance of kenya with other countries

A country with a high national income will be said to be perfroming better than the ones that lack.The kenyan government uses the above income to check and ompare how kenya is with regard to other nations.

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challenges facing the achievement of industrialization in kenya
Business

Challenges Facing The Achievement Of Industrialization In Kenya

Kenya as a country is struggling to make steps towards the achievement of vision 2030 which is a blueprint that guides Kenya to become an industrialized nation by then. However, there are several factors that are hampering the attainment of industrialization in Kenya and they include;

Stiff competition; Many local industries that are struggling to grow face competition from the foreign industries that produce similar goods which are cheaper. Example is the textile industry in Kenya which faces stiff competition from imports such as the mitumba. Paper and food processing industries in Kenya also face Kenya competition from foreign industries.

Inadequate power supply; In Kenya, power supply is not always reliable and whenever there is a shortage, industries are the ones that suffer a lot of losses. High oil prices in Kenya also affect the industries that use oil as a source of energy. This also makes the goods that have been produced to be expensive.

Preference of imported goods over local goods; most Kenyans think that goods produced in the country are normally of inferior quality. Therefore they only want to buy imported goods. Kenyans should be made to change this perspective if the local industries are expected to grow.

Workers strikes; Strikes by workers also interrupt activities in the industries and considering that the strikes are too frequent, the losses become high. This also destabilizes productivity and functions of companies due to loss incurred during the periods of the strikes.

Inadequate raw materials; many industries experience shortage in raw materials for example lack of coal and iron has hindered growth of heavy industries. Inadequate supply of cotton has led to the closure of textile industries.

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apple farming in kenya farmers getting millions using grafted apple plants
Business

Apple Farming In Kenya; Farmers Getting Millions Using Grafted Apple Plants

When you first meet Wambugu, an apple farmer in Kenya, you at first do not get the impression that he is making a lot of money through farming in Kenya. In fact, when you see him in his apple farm in Kenya with his gum boots tending to his grafted apples, you may mistake him for a peasant farmer in Kenya. But believe you me when I say that this Kenyan apple farmer owns at least twenty acres of land in Nyeri County in Kenya, a large herd of grade cows for dairy farming in Kenya among many other investments in Kenya.

Wambugu started apple farming in Kenya, and later discovered a way of grafting the apples seedlings in Kenya with the tree maturing in just but eleven months. In eleven month’s period, the apple farmer in Kenya, is able to grow seeds and he can harvest fruit from apple trees in Kenya in a time period of thirteen months. The apple farmer in Kenya sells the grafted apple plants in Nyeri area in Kenya which go for one thousand shillings (Ksh 1,000). The apple farmer in Nyeri says each grafted apple tree in Kenya is able to make Kshs 50,000 per apple harvesting season in Kenya. The apple farmer in Nyeri informed me that the apple harvesting season in Kenya is usually between December and January every year. Once the apple trees have matured to a significant extent, little care is needed for them to produce apple fruit in the farm. Assuming that if an apple farmer in Kenya can only afford to buy ten apple trees in Kenya, by the end of one and a half years, the farmer in Kenya would have made Kshs 500,000 which can be used to purchase more land in Kenya and more grafted apple plants in Kenya.

With a little more care, the apples in Kenya can even be grown for export quality in Kenya which brings in more money. Wambugu, the apple farmer in Nyeri, often says that it is best to start with fifty apple trees so as to see the benefits of apple farming in Kenya properly. Am sure apple farming is quite a business venture in Kenya for those with large tracts of land which they do not know what to do with. And off course, doesn’t a nice, cool, ripe, juicy green apple in Kenya taste yummy in the hot Kenyan weather? Best of all apples in Kenya are believed to have loads of vitamins to curb short flu like illnesses that appear from time to time when ones immunity has been compromised.

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how to participate in the nairobi international trade fair event in kenya
Business

How To Participate In The Nairobi International Trade Fair Event In Kenya

The Agricultural Society of Kenya usually hosts annual agricultural shows in most major towns in Kenya such as Nakuru and Nairobi. The Nairobi International Trade Fair marks the end of these Agricultural show events in Kenya. The trade fair in Nairobi usually offers an opportunity for global, continental, and  regional exhibitors to display their services and products as well as showing how they work. The agricultural show also offers a platform for people to exchange ideas and experiences in Kenya.

The Nairobi International Trade Fair in Kenya is the largest trade fair in Kenya and East Africa, and is usually held in the last quarter of the year. Normally Nairobi International Trade Fair event falls around late September or early October of every year. The Nairobi International Trade Fair event in Kenya is always held in the Nairobi’s Jamhuri Park. The Nairobi International Trade Fair is usually a seven day event in Kenya, starting on Monday and ending on Sunday.

Jamhuri Park in Nairobi is an indigenous forest situated off Ngong Road in Nairobi and covers an extensive area of 109 hectares. 97 of 109 hectares of Jamhuri Park have been shut off for the agricultural exhibition in Kenya. International participants of Nairobi International Trade Fair in Kenya are provided with a 9m2 area to display their stuff. International participants of the Nairobi International Trade Fair are also provided with a table, 2 chairs, a waste bucket as well as an electric output. However, Nairobi International Trade Fair charges international participants in the event in Kenya at least KSH 120,000 for the facilities provided. Local exhibitors during the Nairobi International Trade Fair are charged rates ranging from KSH 30 to 60 depending on the location of the stand. To pitch a tent in the open area during the Nairobi International Trade Fair event in Kenya, you will have to part with at least KSH 40,000.

There at least 320 stands of varying sizes in the Jamhuri Park in Nairobi. However the prominent areas to erect stands are rather limited and as such, one has to apply early to get one of these slots before the Nairobi International Trade Fair event is held every year. Applications for slots for the Nairobi International Trade Fair event in Kenya are made online via www.ask.co.ke. Participants of the trade fair event held by Agricultural Society of Kenya are allowed to sell basically everything besides foods and drinks for which permits must be issued. The exhibitors during the show event in Kenya can also sell goods in the special shopping area where space is rented for a particular fee depending on the space allocated.

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safaricom shops in kenya
Business

safaricom-shops-in-kenya.html

The Kenya revenue authority is responsible for all the operations that govern the paying and collection of taxes in the country. It is good that the government gets the right type of people to work in the organization so as to get better ways of improving the tax system in the country. The following list comprises some of the major duties of the KRA.

Collection of taxes

The body is responsible for tax collection through a variety of procedures. The body has employed several people to cater for the process. Money is collected in the various business institutions and continues to be important for the government to achieve stable growth in its economic sector. Tax collection is the greatest source of revenue for the country.

Training Officials

New officials in the organization are well trained by the body to have well and various techniques on how they can operate and earn money for the country. Well trained officials make it easy for the country to achieve stable economic growth hence benefiting the tax system. Good experts are found by getting the right type of training upon joining a particular firm.

Determining taxation rates

The body is responsible for determining the amount of taxes to be paid by each body in the country. When the government notes some fluctuation in business, it will try to get the help of KRA officials and calculate the rates that can apply to various business operations and find a stable and convenient way of having a flexible tax system.

Allocation of licenses

Businesses cannot operate without licenses and hence they need to get reliable licenses from the body to be allowed to get and be allowed to venture into business. It is important for one to have the document to be allowed to carry out trade and earn money by have legal businesses.

 

 

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how to make money online in kenya
Business

How To Make Money Online In Kenya

Kenya has very creative and explorative business people who have discovered the many ways to make money online. Getting a regular salary in Kenya could not be made anymore easier than how it is now on the internet.  There are so many opportunities of guaranteed ways of getting money online particularly for Kenya. There are tips however for one to know how to manoeuvre while online and end up making a lot of money on a regular basis. What would be a better exposure to these tricks of the online money making ways that being coached? Yes, you will find so many sites providing a coach on online income and blogging.

Have you wondered why there are so many websites, blogs or other internet pages cropping up in Kenya? Well, you now know, it’s a source of income for those with the skills. Don’t get discouraged, making money online is easy. There are various aspects that will attract income generating activities in your website or blog. There are two types of incomes that are generated online.

•             Active income

•             Passive income

Passive income online in Kenya

Passive income is made in one way through the adverts that are posted on your website or blog. There are various ways of attracting well paying advertisers to your blog or page. In cases where the merchants find reasons to put their adverts on your site, every article you post would give you attractive returns.  Your blog or website should give value to the advertised items for you to earn high income and to attract high paying advertisers. Advertisers check on who the target of your page is and how many people access your site on a daily basis.  When an advertiser approaches you for advertisement, you should know that they already know you have the potential they need for advertisement of their products or services.

Active income online in Kenya

This is the income your blog or website attracts from the main functions of its creation. This income is made in high values where the main purpose of a page is unique and attractive to the end users.

You should have a unique aspect you are covering that has not been previously been ventured into, or has low profiled ventures in the market. You should have a good strategy to ensure that you will make the business stand out in success. The websites or blogs in Kenya all have these unique aspects that make the internet business in Kenya successful.

Kenyans should recognize that resources are useful and should be used in a way that they bring returns or profits. If you have a blog that you just put your time on, with no gains in terms of cash, you should find ways to make the site an investment. Time is an important resource in Kenya, and it should be used in a way it attracts income.

The site or website a Kenyan is using should be a relevant niche in the internet market. Dwelling on areas other websites have already majored and excelled in will result in making less income and lacking the unique aspect the users of internet need. Your blog should be unique for the people in the global world to access.

Now I have summarized for you ways that you can earn money online, it’s your turn to make use of the tips on successfully making money online in Kenya.

Among the sites that offer ways of making money online in Kenya, there is this site which acts as your daily coach on making money http://www.kenyamoneyonline.com

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companies that offer online payroll processing services in kenya
Business

Companies that offer Online Payroll Processing Services in Kenya

Employment in Kenya being scarce and widespread among the citizens can also be enjoyable if the people are able to access it. Kenyan employment has improved in accordance with the technological advancement that the world is experiencing. This has made many people even from abroad to seek employment in Kenya due to the good services of employment and how their payment process are conducted.

Technology has enabled the processing of payrolls online through the internet and many of the companies and employers have put that into consideration from its benefits since this processing is fast, effective and time saving. This therefore reduce the cost and expenses that could be used in the manual processing of Payrolls. Companies have established and developed under this objective to offer the payroll services to companies and any entrepreneur who could be interested with the services. This is one business idea that is more profitable as payroll are required monthly and therefore these companies have demand and customers throughout.

Companies in Kenya that offer the best online services include;

HIFIN Solutions: this is the major company in this area as it develop and supply various software that are used in the provision of the online payroll services. Their software ensure that they cover all the areas in the payroll which may include the payroll and Human Resource processing on Kenyan standards, Banking and payment processing, Loan and Saving Management, Payroll budgeting with Human Resource Management as well as generation of Reports with the Human Resource Management. They supply their software branded “Aruti payroll system” and have general advantages on the online payroll services such as tracking all employees earning, deductions and benefits, manages employees costing distribution, banking services as well as payroll history. This software also ensure that there is verification of the data entry and accurate payment details of all the employees.

COMP-RITE Kenya Limited: as a locally owned and operated company their core focus is to ensure that all their services are technology focused. Among the services that they offer, they develop and supply customized software and technology based solutions to diverse range of corporations. The most common software that they offer include the Pay100 Plus for easy, fast and easy payroll processing as well as isharePro for easy share registration. They offer among the best services in online payroll processing which is accurate, up-to-date with back up for the previous periods. The major benefits of their services is that it is secure, faster processing, timely processing and report delivery.

Data Centre Limited: they offer and provide outstanding payroll services to the world businesses and ensure that their customers are satisfied with their services. Their Online Payroll processing services are easy, friendly and efficient as they provide them to the companies that are interested with. The benefits of using their payroll outsourcing and processing services is because they are less costly than very large bureau or accountants, no hidden extra costs, services are guaranteed and no long-term lock-in. due to long operation in the outsourcing and processing market, they have the necessary experience with high qualified personnel who will serve their clients with realistic and cost-effective services.

Insight Consultancy Services (K) Ltd: they offer administration of their clients’ payroll which their clients may see it as difficult and costly. They therefore have the adequate staff who can relieve their clients from the management of these payrolls by providing comprehensive and confidential payroll services. some of the features that they use to manage the payrolls in a certain company may include user defined payroll, earning and deduction codes, Loan processing, tracking down loan details, producing and printing loan repayment schedule, printing of reports which are involved in all the transactions as well as offer instant viewing of an employee payslips.

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luthuli avenue is a major electronic hub in nairobi
Business

Luthuli Avenue Is A Major Electronic Hub In Nairobi

Beyond Moi Avenue and Tom Mboya Street in Nairobi, lies one of the busiest short streets in Nairobi town today. Luthuli Avenue in Nairobi town is always bustling in life day in day out. Luthuli Avenue in Nairobi is a shopping district where a couple of Nairobi matatu stages  serving various parts of the city converge, and where tuk tuks and boda boda operators in Nairobi are always jostling to find space among the many vehicles here. Large and colorful billboards which showcase various brands dot every building in this section of Nairobi.

So, what is this fuss about Luthuli Avenue? Is Luthuli Avenue the new hub of electronics in Nairobi today? Well, over the past couple of years, Luthuli Avenue in Nairobi has grown in leaps and bounds to become the capital of electronics in Nairobi. The electronic shops on Luthuli Avenue offer a wide range of goods which include camera accessories, television sets, mobile phones, flash discs and even memory cards.

One thing that is for sure is that the shop owners on Luthuli Avenue truly understand the benefits that come with product and service diversification in Nairobi. That is why you would come across high quality and pretty expensive goods being sold next to the low end or rather the cheaper merchandise in Nairobi. Many people who have opened their businesses on Luthuli Avenue have seen them flourish, and all thanks go to the many customers in Nairobi who trickle here every other time.

Unlike the case of Nairobi up-market shops, on Luthuli Avenue, customers are able to come across products which fit their price range and, therefore, can accommodate their pockets. Here on Luthuli Avenue in Nairobi, it is all about the customer and making sure they are satisfied at all times.  There is no doubt that prices of electronics in Nairobi is what attracts many Nairobi residents to the shops on Luthuli Avenue.  Apparently, even the high end businesses in uptown Nairobi normally come to purchase their accessories here.

One thing that is pretty much evident here on Luthuli Avenue is the high number of Chinese nationals who have since pitched tent here.  This comes in light of the push by the Chinese to try and penetrate into the Kenyan market and find a place for their goods and services. One catch that the Chinese are using is that they are mainly targeting the Kenyan low income segments of the society.  Business Experts in Nairobi argue that the only way to succeed in the Kenyan market is to boost competitiveness and empower the locals with the right skills to beat the challenges that come with the modern day business world.

It is also worth mentioning that many small businesses in Nairobi have benefited largely from the booming growth of Luthuli Avenue enterprise and customers.  This is what has led to an increased leverage as businesses continue to grow down to Gaberone Road and River Road in Nairobi.  Whether you want to talk about Nairobi M-pesa shops, electronics shops, phone shops lottery stands, glass shops, hardware shops, clothes shops or whichever kind of business, one thing that is for sure is that business on Luthuli Avenue has been growing at a fast pace recently.

Last but not least, one of the most vivid distinguishing features about Luthuli Avenue is that it is more of a technology hub in Nairobi which has since turned out to be a melting pot for different cultures. Kenyans, Indians, Chinese, and Somalis trade hand in hand here thereby helping to create more success stories for Kenya today, and the days to come.

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