There needs to be a concerted effort by the GOK & local firms to stamp their authority all over Africa starting with our backyard (East & Central Africa).
Therefore, I want to pose a series of questions:
- Are Kenyan firms expanding abroad (esp into Africa) just as Indian firms are doing in Nepal, Afghanistan, Russia & even China?
- Are Kenyan firms using their (IMHO) superior balance sheets to power their way into neighbouring countries?
- Is the Kenyan government ensuring the protection of Kenyan firms (e.g. closure of Nation Media's outlets in Uganda) abroad?
- Bidco - in Uganda but they moved coz of the hostile Kenyan business environment!
- Chandaria Group - Mabati, etc in TZ & UG
- Nation Group - in UG & TZ. They face lots of government opposition but nary a word of support from Kenya.
- Kenol - One of the best example with stations in Rwanda now Ethiopia. They have LPG sales distribution in TZ. They also wholesale Oil Products in UG & Congo.
- KQ - I think GOK has realised their importance to the economy but it needs to do more to help a true homegrown company fight for more flights.
KTDA & GOK needs to be in the forefront since small tea growing operations provide among the best teas that can benefit from substantial value addition.
Kenol which is expanding its African footprint suffers from delayed tax refunds especially for bonded export markets e.g. in Uganda, Rwanda & Congo. This is a disincentive to Kenol while we allow Libya's TamOil an entry into our markets.
Just as KR's operations were privatised, we need to privatise the inter-province road system in Kenya. Most Kenyan firms would prefer a road that is free of axle-breaking potholes, safer & well-lit for transporting goods 24-7-365 rather than the current set-up.
Many toll (pay-to-drive) roads in the USA are well maintained, have constant police patrols, emergency crews, etc & these services are paid for through tolls/fees. Some are privately managed, others public-private partnerships & some are state-owned but with Road Boards in charge.
In the meantime, while the GOK gets its act together, are Kenyan firms helping their own cause or do they just shoot themselves in the foot?
India still remains a 3rd World Country - Can Kenya benefit as a secondary location/option?
Foreign Investments continues in Indian Firms - I wish Kenya had the same draw!