KAM CEO’s Brief | 24th March 2017

Prompt Payment Report to Assist in Sector Regulation

On 22 March 2017, the Principal Secretary, State Department of Trade, Dr Chris Kiptoo received a Prompt Payment report that was commissioned by Kenya Association of Manufacturers (KAM) in partnership with Suppliers Association of Kenya and Retail Trade Association of Kenya (Retrak).

The report is an overview of the retail sector aimed at highlighting current challenges and proposing measures to address them.

The Ministry of Industry, Trade & Cooperatives has promised to apply International Best Practice to the development of the code to guide the sector and constitute a tribunal to handle disputes within the sector. The task force will further select a board to ensure that the code is adhered to. The report will be presented to the Cabinet Secretary for further consultation and approval.

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For more information contact: Miriam.Bomett@kam.co.ke

ERC Sponsors 2017 Energy Management Awards

ERC has given sponsorship worth Shs 1 million in support of this year’s Energy Management Awards (EMA). The EMA awards, which are held annually, are organized by the Kenya Association of Manufacturers (KAM).

The purpose of EMA is to publicly recognize enterprises that have made major and sustainable gains in energy efficiency through the application of modern energy management principles and practices. The nominees are required to demonstrate significant cost savings from energy management practices.

Winners of EMA 2017 will receive prizes at a Gala Night on Friday 31st March 2017 in Nairobi. The awards ceremony will be the climax of a Sustainable Energy Week to be held on 29th – 31st March 2017 at the Safari Park Hotel also in Nairobi.

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For more information contact: ema@kam.co.ke

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