Enterprise Kenya @ Kituyi

 Enterprise Kenya@Kituyi

 “Enterprise Kenya” as a descriptor of Dr. Kituyi’s understanding of the Kenyan condition provides us with powerful imagery of what we should actually be doing with our company. What profit is enterprise Kenya generating that would make me buy shares in the business. Three statements made by the UNTAD Secretary-General provide us with qualitative data to analyze this claim. First, “But much of that money actually comes back through VAT because of everything that they spent the money on”. This statement signals that tax alone may provide relief, but does not inspire the acceleration of entrepreneurial initiatives. Second, “The government has to know that recovering enterprise Kenya is the most important thing apart from saving people from Covid”, tells us that the fixation on COVID-19 pandemic, as a source of borrowing funds, is unsustainable and that Kenya should get back to the business of productivity as quickly as possible before it is mortgaged to the highest bidder in the global money market. A 63% debt portfolio does not inspire shareholder investments. Third, “The government should help create the ecosystem for this country to be a competitor in that area”. The reference to an “ecosystem” is an acknowledgement that profits can only be realized by a symbiotic balance in the economy. This means that enterprise Kenya needs to look at creating a sustainable balance of wealth generating initiatives across the economic landscape if it wants to pull out of the current impasse beginning with local production.

Allan Bukusi

Sources – Business Daily