The Kenya National Chamber of Commerce and Industry, Kirinyaga County paid a bench marking visit to KNCCI Mombasa with an aim of up scaling their County Chapter to match and even exceed standards set by KNCCI, Mombasa Chapter.
Mombasa Chapter has been recognized over and over again as one of the most vibrant chapters in the Country. KNCCI Mombasa is a pioneer Chapter under the centers of excellence programme conducted by the Center of International Private Enterprise (CIPE) an affiliate of the US Chamber of Commerce.
Kenya has long established relations with Asian Countries which continue to be strengthened in tandem with Kenya’s quest to seek additional resources, investment and technology transfer to support its national agenda and increased market access to our products.
Kenya has underlined the importance of enhancing bilateral relations with Bangladesh by intensifying and diversifying cooperation in prospective areas.
Bangladesh has showed keen interest to export its quality products like ready made garments, pharmaceuticals,jute goods and leather items to Kenya and in return we hope as a country to export tea and pulses to Bangladesh.
Kenya aims to transform into a newly industrialized middle-income country providing a high-quality life to all its citizens by the year 2030. The Establishment of Special Economic Zones is Key to the achievement of this vision. Several Zones have been earmarked for development countrywide but I believe that the Mombasa Special Economic zones will offer a competitive advantage to investors due to its unique geographical location.
Mombasa Business Awards is Mombasa’s most prestigious award for entrepreneurs. The award makes a difference through the unique way it encourages entrepreneurial activity and recognizes the contribution of the people who inspire others with their vision, leadership and achievement.
The program was launched in Mombasa in 2013 as the first and only truly business award of its kind to celebrate those who are building and leading successful, growing and dynamic businesses. Since 2013 the Mombasa Business Awards has recognized over 120 entrepreneurs for their vision and achievement.
The exceptional entrepreneurs recognized by the Mombasa Business Awards are more than simply high achievers; they are the people who seek out opportunities and have turned their ideas into action, vision into reality, creating a flow-on of success for those around them, generating employment and industry growth, driving the economy and
Progressing society. Without doubt, it is the entrepreneur’s ability to seize market opportunities, while remaining focused on the business fundamentals that creates long-term, sustainable growth and ultimately improves the overall business landscape.
Over the last seven years, the Mombasa Business Awards program has provided an exclusive opportunity for entrepreneurs to come together to share insights, develop networks and promote the best of entrepreneurial endeavor in Mombasa during the Awards Gala Dinner held at the end of every year.
This Year’s Mombasa Business Awards Gala dinner event will be held at the Mama Ngina Water Front on 6th December 2019.
KNCCI attended a consultative forum organized by the Kenya Private Sector Alliance(KEPSA) held at the Pride Inn Hotel on 16th September 2019. The forum engaged different stakeholders from the Private Sector on the draft National policy to support enhancement of County Governments Own Source Revenue 2019 and the County Governments (Revenue Raising Process) Bill 2018. The meeting was aimed at gathering private sector views on the draft Bill and Policy which will form part of KEPSA’s contribution to the two documents. Business issues such as charges multiple fees, levies, double taxation, cross border investments among many others were addressed
Emerging issues of the policy were also addressed like; The National government’s function in Revenue administration, Enforcement issues of the policy, the role of the county assembly in the policy, definition of the economic activities that might take place and the infusion of the planning and budgeting processes.
It was recommended that the Bill should include and focus on a number of things which include:
- A standard for the basis upon which taxes, fees and charges are imposed.
- National Classification of county taxes, fees and charges.
- National Standard for classification of economic/commercial activities for purpose of importing taxes, fees, levies and charges.
- National standard for determination of units and standards of measurements and consequently levying of taxes.
- Need for national audit of taxes, fees and charges levied by national government and county government.
- The Bill should also focus on resolving the problem of double taxation within counties.
- Mandatory consultation of key stakeholders by the county government on proposed taxes before submission to the national government.
- The Bill should focus on interpreting key constitutional principles such as Common market, National Economic Policy, National Mobility of goods, services, capital and labour.
- The Bill should focus on the need for a complementary legal framework for regulating or governing areas such as licenses, permits, entertainment, advertising, Tariff pricing policy.
It was agreed that there is a need to hold another consultative forum which will engage the private sector ,County Government and National Government.
K.N.C.C.I Mombasa Chapter yesterday participated in a stakeholders engagement on Kenya Customs Agents Freight Forwarders Bill 2019 which was held at Royal Court Hotel Mombasa. The forum was attended by different players in the industry including; transporters, freight forwarders, and clearing agents. The forum was graced by Kenya International Freight Warehousing Association (K.I.F.W.A) National Chairman Mr. Roy Mwanthi accompanied by other officials and directors from the association. The draft bill was discussed in details and amendments made, members then unanimously agreed that the bill should be passed to the next level.
Mvita Constituency Uwezo Fund Management Committee held a sensitization forum on 28th of August 2019, at Tononoka social hall. The event was graced by Mvita Member of Parliament Hon. Abdul Swammad Shariff Nassir as the chief guest of the event. The event was also graced by Mombasa County Women Representative Hon. Asha Mohammed, CEC Department of Trade, Hon. Fawz Rashid, KNCCI Mombasa Chairman Mr. Mustafa Ramadhan and members of the Committee as well.
The event was attended by members of the public majority being women, people with disabilities and the youth and Uwezo fund beneficiaries. There were also several companies and Enterprises which were allocated booths for the exhibition including KNCCI, Equity Bank, Kenya Commercial Bank (KCB), Gulf African Bank, Mombasa Maize Millers, Kenya Red Cross, County Government Department of Trade, Coast Development Authority and Mvita Women Sacco.
Several self-help groups were called upon to be awarded cheques from the Uwezo Fund by Hon. AbdulSwammad and Hon. Asha Mohammed. Some of the groups included; Tudor Visual Impaired group awarded Ksh 100,000, Ufundi Self Help Group awarded Ksh. 100,000, Bantu Women Group awarded Ksh. 100,000 and Nawiri Ladies also awarded Ksh 100,000 and many others.
The Kenya National Chamber of Commerce & Industry -Mombasa in collaboration with the Hong Kong Trade Development Council and the Hong Kong Chinese Enterprise Association held the“Hong Kong Trade Development Council Business and Investment Networking Dinner” on 7th August 2019 from 6:00pm – 9:00pm at the Sarova Whitesands, Beach Resort & Spa. The event was graced by H.E. Dr. William K. Kingi, Deputy Governor Mombasa County Government, Mr.Daniel Lam-Regional Director Middle East & Africa HKTDC, Mr. Mustafa Ramadhan, Chairman KNCCI Mombasa chapter.
The networking event presented members an opportunity to interact and network with our business delegation from Hong Kong and Mainland China in the following sectors;
- Banking and Finance
- Manufacturing (Chemical materials, flexible foam used in mattresses, sofas and cushion applications, raw materials for industrial goods in vehicles interior material/water proof raw material, shoes sole, SPANDEX, Synthetic Leather, Paint and adhesives)
- Electronics and Construction machinery
- Real estate and property development
- Logistics and Maritime service
- Information Technology (ICT)
- Clearing and Forwarding
- Construction and Engineering services
- Import/Export business
- Port services
- Wholesale/Retail business
- Companies seeking Project investment
Stima SACCO Mombasa branch in Partnership with Kenya National Chamber of Commerce and Industry (KNCCI) and the Institute of Human Resource Management (IHRM) organized a corporate dinner at WildWaters Mombasa on 5th July 2019. The theme of the dinner was The Role of Managers/ Directors and Employees in Financial Management.
Stima DT SACCO is a market leader offering unique world class financial services to its members for the last 45 years in Kenya. Their mission is to empower members for life through the provision of financial solutions that suit members’ needs.
While providing financial services to members, Stima DT SACCO have established a gap in terms of accessing financial information and education as regards to saving, borrowing and investing. Money matters can seem mystifying and at times can be difficult to navigate especially in the era of mobile lending apps, shylocks or pay day loans among others. It is with hindsight that Stima DT SACCO has seen the need to partner with Employers and the business community to promote prudent financial management practices in our community and country at large.
Their solutions are designed to give members a clear understanding of how to manage their personal finances, make investments and become financially independent. Education, training and provision of information is one of the seven internationally recognized co-operative principles upon which cooperatives are founded and Stima DT SACCO is a great advocate for this.
Their Value proposition to the employers, employees, small and medium businesses is that they will enjoy personalized, fairly priced solutions as their members while at the same time accessing free financial management education to improve their financial wellness. They benefit from being owner-members and shareholders who get attractive Returns on their Investment. solutions include and are not limited to Housing credit facilities, Trade Financing, Asset Financing, Working capital, Salary Processing, Short & Long term credit facilities, Estate planning and retirement, Wealth creation products, Free financial information and education, Mobile platforms for credit and MPAWA self-service #489# .
The dinner provided a great avenue for networking with over 300 managers, CEO’s and directors from different organizations in attendance.
KNCCI was honoured to receive and host the Minister Counselor of Israel. Mr. Arnon Arbel at the chamber office in Mombasa.
The Israel Embassy has identified KNCCI Mombasa as a strong partner that they can work with to create linkages between Kenyan and Israel companies is Agricultural Value addition, Health sector, Cyber security,Manufacturing. Water and sanitation among other logistics related businesses.
Israel has developed a program called MASHAV which aims at transferring to developing countries the expertise and technologies that have assisted Israel in its own path to development by organizing trainings in various topics such as water harvesting, urban planning and gender empowerment. These trainings are carried out in Israel through partial facilitation. More information about the program can be attained from the website.
The Kenya National Chamber of Commerce and Industry through the ministry of foreign affairs was given the privilege to invite and host the Mombasa Business community to attend the first Kenya-Uganda business forum that was held on 27th March 2019 at the Sarova Whitesands Hotel, Mombasa. The forum was graced by both H.E Uhuru Kenyatta, president of Kenya and H.E. Yoweri Museveni, president of Uganda.
H.E. Yoweri Museveni was accompanied by business people from Uganda who represented the following sectors;
- Agriculture & Aggro-business
- Transport and logistics
The main purpose of the forum was to meet, discuss and interact with Uganda Business counterparts and explore investment opportunities in both countries. Private sector representatives and associations from both countries were both in attendance.