KBG Launches First Sector Brief on Agriculture

The Kenya Business Guide has published and launched its first Sector Brief entitled ‘Agriculture Established and Emerging Trends’. The brief contains an overview of current trends in the agriculture sector and an analysis of its projected trajectory.

Despite a 25% reduction in the output of Kenya’s main food crop, maize, in 2017 due to adverse weather conditions and a shrink in the overall percentage contribution of the agriculture sector to GDP, the Kenya Business Guide points to concerted efforts outlined in the upcoming Medium Term Plan 3 as a clear indication for improving prospects in the sector as a whole.

Dr. George Njenga, Dean Strathmore Business School spoke at the launch of the impact of good agricultural policies in improving the sector and impacting the livelihoods of Kenyans, “Linkage between policy and practice in the agricultural space remains a key concern for the sector, as most of these policies are not translated into a language that the ordinary Kenyan citizen can understand and relate to. Policy in the sector must translate to impact to Kenyans.”

Food crops like maize dominate the agriculture sector and have widespread effects on the economy. Drops in Maize production have a marked impact on food prices, inflation, household income as well as the currency.

“We must leverage the synergies between the agriculture and manufacturing sector to drive productivity, value addition and employment creation in both sectors. Agro-processing will be a key sub-sector for both business opportunities and economic growth.” said KBG Project Lead Sahil Shah.

The Kenya Business Guide will periodically release sector and policy briefs, researched and developed in collaboration with Strathmore Business School to improve decision making in both the private and public sectors.

Sources: http://www.agribusiness-sadc.com/2017/12/07/kenya-business-guide-partners-with-strathmore-institute-of-public-policy-and-governance-to-launch-agriculture-sector-brief/

http://sbs.strathmore.edu/news/agricultural-sector-key-kenyas-economic-growth-despite-poor-performance/

http://thetruth.co.ke/kenya-business-guide-launches-sector-brief-on-agriculture/

SBS Trained Policy Economist Appointed KBG Project Lead

Sahil Shah, Master of Public Policy and Management student at Strathmore Business School, was recently appointed as the Project Lead, Kenya Business Guide, an initiative that seeks to support the improvement and strengthening of the business environment in Kenya.

His appointment comes shortly after the Kenya Business Guide (KBG) launched its new project structure and strategy containing two new components, specifically focused on private sector development and economic policy on 24th November 2017. “Our new strategy is expected to bolster ongoing efforts in strengthening the country’s business environment that has received a significant boost after Kenya moved up 12 ranks in the World Bank’s Ease of Doing Business Index.’’ said policy economist Sahil Shah.

Sahil will foresee the implementation of the new strategy which introduces a focus on improving access to value-added information on both the private and public sector prerequisites in the effective functioning of business.

Strathmore Business School’s Master of Public Policy and Management Programme is designed to address the complex issues facing modern governments and other policy-making organizations. The core curriculum of the programme features Public Policy and Management, Public Finance, Strategy and Entrepreneurship among others, exposing students and graduates of the programme to thriving careers in the policy and advocacy space.

The Kenya Business Guide will periodically release sector and policy briefs, researched and developed in collaboration with Strathmore Business School, with the first one expected to be unveiled in December, 2017.

KBG is an initiative of the Hanns Seidel Foundation Kenya, the Delegation of German Industry and Commerce in Kenya and Rodl & Partner. KBG receives further support and works alongside the Kenya Association of Manufacturers (KAM), Kenya Private Sector Alliance (KEPSA), Kenya National Chamber of Commerce and Industry (KNCI) and Strathmore University.

Source: http://sbs.strathmore.edu/news/master-public-policy-management-student-appointed-project-lead-kenyabusinessguide/

Launch of IMF Regional Economic Outlook for SSA

KBG’s Project Lead attended the launch and working seminar on the IMF’s Regional Economic Outlook for Sub-Saharan Africa earlier this week at the Strathmore Business School. The Outlook report gives projections and expected economic trends for the region in the coming year and succinctly analyses the current situation facing most African economies within the Global context.

Growth is expected to reach 2.6 percent in 2017, but the pickup reflects one-off factors, notably a recovery in oil production in Nigeria and the easing of drought conditions in eastern and southern Africa. While a third of the countries in the region continue to grow at 5 percent or more, 12 countries home to 40 percent of the region’s population are expected to see per capita income decline. The external environment has improved somewhat, facilitating sovereign bond issuances by the region’s frontier economies. Foreign exchange market pressures appear to have abated, but international reserves remain low in many countries. Public debt has been rising rapidly across the region, including in the fast-growing economies. In this context, implementing the planned fiscal consolidations and reforms to tackle constraints on growth are the key policy priorities.