BUSINESS IN KENYA

FKE

Kenya is the most developed economy in Eastern Africa.  As of 2015 estimates, Kenya had a GDP of $69.977 billion making it the 72nd largest economy in the world. Per capita GDP was estimated at $1,587. The country is also the economic, commercial, and logistical hub of the entire region.  Kenya’s population is estimated at 41 million with a large number of well educated English speaking and multi-lingual professionals, and a strong entrepreneurial tradition.  It is also a very ‘young’ country with almost 70% of the population under the age of 35. Kenya's strengths include its human resources, natural assets, and strategic location.  

The agricultural sector is the largest employer in Kenya, contributing 23.4% of GDP.  The country’s major exports are tea, coffee, cut flowers, and vegetables. Kenya is the world’s leading exporter of black tea and tea is one of Kenya’s top foreign exchange earners.

Kenya enjoys an extensive transportation infrastructure.  Nairobi is the undisputed transportation hub of Eastern and Central Africa and the largest city between Cairo and Johannesburg.  The Port of Mombasa is the most important deep-water port in the region, supplying the shipping needs of more than a dozen countries.

Kenya's financial and manufacturing industries are the most sophisticated in Eastern Africa.  Kenya’s tourism industry is one of the most successful in the world and the second largest source of foreign revenue. Kenya also is a potentially important source of high-value mineral commodities such as titanium, and oil.  In March 2012, oil was discovered in Turkana by the British oil company Tullow and drilling as well as preparations for commercial exploitation are at an advanced stage.

Private sector-led economic growth has since the early 2000s, been Kenya’s Priority. The Government's business-friendly stance has rolled over into Vision 2030, which sets development benchmarks for a number of priority sectors. This has been complemented by the integration of the EAC and the establishment in 2005 of a customs union and a common market (2010).

Kenya is a member of COMESA with 19 countries, and 14 of which are in a Free Trade Area (FTA). Three regional economic blocks i.e. EAC, COMESA and SADC with a combined population of over 600 million people are currently developing a joint framework and roadmap towards a Free Trade Area by 2015.

Kenya has seen an upward trend in economic development with prospects looking up due to extensive economic reforms, a new constitution, and fundamental reforms in the three arms of government (executive, legislature and the judiciary).

The main sectors contributing to economic growth are building and construction, infrastructure development, manufacturing, transport and services, and tourism particularly from emerging markets; agriculture, and wholesale and retail.

FKE facilitates training for the 11th Group from @National_Bank on Discipline Management at Work Place. Train wi… https://t.co/QaicRGOprf
Eradicate child Labour through education https://t.co/qrjrjkkEhb
Serving you is our delight and keeping you informed is our responsibility. Update your contacts with us https://t.co/Kf6dy12Waf
Would you like to empower your senior managers on issues of Discipline Management for the staff at work-place? Spe… https://t.co/k6tjM76tce
FKE facilitates a training session of Senior Managers from @National_Bank on Discipline Management. Training is on… https://t.co/4ZdzNqGdok
Thank you @National_Bank for entrusting your training services for your staff with us. https://t.co/RM7VJPwKBG
The DECP & @ITCILO Membership Workshop, graced by Jacqueline Mugo , CEO ,FKE amongst other directors from Ghana, S… https://t.co/ZcGLVbbq1N
Happening Now: Final day of DECP & @ITCILO workshop for Employers bodies. https://t.co/O2ioHmN6Um
DECP & @ITCILO on the final day of Membership Strategies training for Employers in East, Central & South Africa, N… https://t.co/ILXU1gzib0
Polyblend Limited signs a 3 years Collective Bargaining Agreement (CBA) with Kenya Chemical Workers Union as witne… https://t.co/lF34NIpgJB
PFW Safaris signs their 1st Collective Bargaining Agreement with KUDHEIHA at FKE offices, witness by an Industr… https://t.co/4hO0hElPmb
Our heartfelt condolences to the family and the entire Nyeri County for the loss of one of us. Our prayers are with… https://t.co/Pf7v6gq5re
Just concluded; FKE @AfricaTalksjobs; A continental dialogue towards empowering the youth with adaptive education &… https://t.co/sN9968osTT
Be part of us and we promise to add value and be part of your solution. https://t.co/pV2eo0YkJc
Occupational Safety and Health Training is one of the flagship brands initiated by FKE to support Employers to comp… https://t.co/BRh5CbXMma
FKE Trains 748 Airline OSH Committee on Occupational, Safety and Health issues. This is in efforts of maintaining s… https://t.co/IWVQlH0Ccz
Press Release: Federation of Kenya Employers (FKE) on the strike by workers in the entire Commercial Tea https://t.co/w894AACzra
RT @daktari1: These headlines speak volumes on the state of the Kenyan economy. How do we create jobs to enjoy the #demographicdividend? ht…
Happening at the FKE Offices: CBA signing session between Kestrel Manor school & KUDHEIHA. Some Clauses; Wage-9%, H… https://t.co/aDLTdtBD6h
CBA Signing and exchange of documents between Kestrel Manor school and KUDHEIHA facilitated by @FKEKenya https://t.co/9x3SDTbonY
In case you missed; FKE CEO, Mrs Jacqueline @jacquelinemugo with the Female @FemaleFutureKe 3 cohorts during their… https://t.co/gnat90SvY7
FKE empowers Employers through various trainings. Log in into our training programme today. https://t.co/0RmaPG1kPL