| |
By African standards, Kenya has a very substantial
private sector, including a significant number of
foreign investors. and is touted as one of the most
resilient in the world. The country has always been a
market economy, and it escaped both the dislocation
caused in Uganda by the expulsion of the Asians in the
late 1970s and the problems created by the socialist
experiment inTanzania from the 1960s through the 1980s. |
|

www.kepsa.or.ke
www.fke-kenya.org
www.kam.co.ke
www.eaa-lon.co.uk
www.eabc-online.com
www.nesc.go.ke |
|
The import substitution policies of the 1960s and
1970s led to considerable diversification of the
economy, The domestic private sector has been
concentrated in certain kinds of manufacturing (mainly
food-related) for both the domestic and the regional
market. FDI has recently played key roles in the
horticulture industry (for export to the European Union)
and certain service areas: transport, tourism and mobile
telephony. Key players in voicing private-sector
concerns include the following bodies.
The Kenya Private Sector Alliance (KEPSA)
The Kenya Private Sector Alliance, formed in 2003,
is the umbrella organization of over 200 private-sector
organizations in Kenya. Its objectives include the
following: to enable the private sector to have a strong
impact on socio-economic development through a
collective effort; to create a harmonized approach to
cross-sectoral issues; to ensure the formulation of
policies that encourage both domestic and foreign
investment; and to pursue regional, continental and
international economic opportunities.
The Federation of Kenya Employers (FKE)
The Federation of Kenya Employers was registered
under the Trade Unions Act in January 1959 as an
association representing the collective interests of
employers. Its major objectives are to harmonize and
defend employers’ interests and to raise the social
consciousness of employers so as to enable
them to realize the full potential of their enterprises
by promoting increased labour productivity, sound
management techniques, better industrial relations, fair
labour practices, effective work organization and
stronger staff motivation.
The Kenya Association of Manufacturers (KAM)
The Kenya Association of Manufacturers is the leading
organization of industrialists in Kenya. It was
constituted in 1959 to unite industrialists under a
powerful umbrella organization to encourage investment,
uphold standards, and represent their views and concerns
to the Government. Ordinary membership is restricted to
persons, firms
and companies directly engaged in manufacturing,
processing or any other productive method. Associate
membership is extended to other companies and firms
that, by the very nature of their business, have a
direct interest in the expansion of industry, including
financial institutions, insurance companies and
consulting firms.
The Eastern Africa Association (EAA)
The Eastern Africa Association was established
in 1964. Members include companies from India, South
Africa, the United Kingdom and the United States, among
others. The EAA is headquartered in London and acts as a
channel of communication between foreign investors and
Eastern African governments. It interprets the policies
and objectives of governments to its members and, in
turn, explains the views and needs of investors,
prospective investors and foreign businesses generally
to governments. It has a strong presence in the EAC but
is also present in a number of other countries,
including Ethiopia, Madagascar and Rwanda.
The East African Business Council (EABC)
The East African Business Council is the umbrella
organization for businesses in East Africa. It has three
categories of membership. One category consists of
chambers of commerce, manufacturers’ associations,
employers’ federations and organizations in the banking,
tourism, insurance, agriculture and transport sectors. A
second category is that of investment promotion centres,
export promotion councils and EPZs. The third category
is that of companies.
The National Economic and Social Council
(NESC) It is broadly acknowledged that one key reason
policy implementation has been weak in Kenya is that
there are no clear channels through which stakeholders
can provide feedback to the Government on its
implementation record. Achieving the goals the new
Government has set itself requires a strengthening of
partnerships among government, business and civil
society. It is with this recognition that the National
Economic and Social Council (NESC) was formed to serve
as an advisory body to the Government. The Council is
mandated to provide timely, accurate and independent
economic and social advice with a view to improving the
management of the economy. It also provides a
consultative platform that can improve coordination
between the Government and the private sector through
ongoing engagement. The specific responsibilities of the
Council include the following:
• To create a forum in which government, business and
labour unions can identify and discuss policy issues and
make recommendations consistent with the development
aspirations of the country.
• To appraise the various programmes and activities of
the Government in the light of Government policy.
• To improve the targeting and addressing of strategic
objectives with a focus on the most critical social and
economic needs.
• To utilize private-sector and civil society capacities
and synergies through collaboration, engagement and
networking in order to promote efficiency and
effectiveness in economic planning.
|