Browse through educative and informative articles published by the KAM team
Tue, 18 Aug 2020
We have a great advantage as a nation of young, vibrant and highly creative youth. They account for about 75% of Kenya’s population, according to the World Bank. However, they are not adequately enabled to participate in our country’s social, economic and political development.
Wed, 12 Aug 2020
Family owned businesses are estimated to contribute over 70% of global GDP. According to the Family Firm Institute Inc. 85.4% of China’s private enterprises are family owned, in India its 79%, in Europe 60% and 25% in the UK. In Kenya, Asoko Insight released a report last year that identified 490 family-owned firms across various industries, of which 14.3% had annual revenues of over US$ 50 Million and 22 of those companies had revenues over US$ 100 Million per annum.
Tue, 28 Jul 2020
For many small businesses who are navigating these difficult times, they will testify to the fact they keep being bombarded with the word, 'Adaptation'. Whilst it is indeed the most natural direction to take in an unpredictable environment such as this, only in very few cases does adapting mean less expenditure.
Tue, 21 Jul 2020
Every crisis provides a turning point for societies in every aspect; be it social, economic or cultural. It provides a moment of clarity to assess whether the current structures are strong enough to sustain us and carry us into a favourable future.
Tue, 07 Jul 2020
Cultivating adaptability is essential to surviving the effects of a crisis as we plan for a rebound beyond the shocks arising from COVID-19.
The current pandemic has continued to disrupt various sectors of the economy, including tourism, hospitality and manufacturing. These disruptions have caused severe consequences for businesses and the communities in which they operate.
Tue, 30 Jun 2020
Illicit trade has a detrimental impact on the substantial growth of legitimate business in the country. Not only does it negatively impact our economy but has also proven hazardous to the health and safety of the citizens of this country.
Wed, 10 Jun 2020
In a report on COVID-19 and the world of work the International Labour Organization (ILO) highlights that protection of workers and their families from the risk of infection should be a top priority for all economies at this time.
Mon, 08 Jun 2020
81% of local manufacturers have stated that they are hopeful that they will hold steady through the pandemic and continue to play their role in creating wealth and productive jobs for all citizens. This is according to a study conducted by Kenya Association of Manufacturers (KAM) and KPMG on the impact of COVID-19 on the manufacturing sector.