In many countries today, Kenya included, small and medium-sized enterprises (SMEs) represent more than 85 per cent of all companies. They account for a large proportion of total employment and contribute significantly to national economic growth. They are strongly heterogeneous cutting across and wi…

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As globalization takes roots, enterprises in developing countries face major challenges in strengthening their human and institutional capacities to take advantage of trade and investment opportunities. As governments make policies in trade and investment areas, it is enterprises that will do the actual trade and invest. Therefore, supply-side holdups in respective trade and investment areas and how governments, development partners and the private sector address these constraints have direct implications on economic growth.…

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We have heard it over and over again that agriculture is the backbone of Kenya’s economy contributing about 24 per cent of the gross domestic product (GDP). According to the Kenya National Bureau of Statistics (KNBS) 2013 Economic Survey, agriculture, which grew by 3.8 per cent, contributed 17.6 per cent of the overall GDP.…

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The business environment is today characterized by constant and consistent changes. This means that businesses have to respond quickly to identify opportunities to stay in business. Different trends ranging from economic, technological, social to political have redefined the manner in which businesses operate. All businesses dependent on the environment for their inputs and outputs thus changes in the environment trigger changes within them.…

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The problem of water hyacinth in Lake Victoria is threatening to destroy the fishing sector in Nyanza province. Despite being the economic backbone of the region, the increasing levels of water hyacinth are making fishing activities a nightmare. Though there have been government efforts and interventions to deal with the menace, the success rate have been minimal.…

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The small and medium enterprises (SMEs) sector is arguably the engine of economic growth. For instance the sector plays a crucial role in generating employment and income as well as provision of goods and services. However, with this kind of challenges that SMEs face, remaining afloat is not an easy task. Therefore, planning in advance is not just recommended, it is a requirement for success.

Whenever it comes to running a business, it’s easy to get bogged down by day-to-day problems and thus forget the bigger picture.…

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Building a strong brand with great equity creates a whole host of benefits to an organization such as greater customer loyalty and less vulnerability to competitor activity, more favourable responses from the public to price increases and decreases, increased marketing communication effectiveness, g…

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Peter and his wife Jane lived on their dairy farm. They never really discussed succession with their four children as it had been a family tradition that the eldest son took over from his father. While their eldest son went off to university, their youngest son decided he wanted to work on the farm. He became the unofficial manager of the farm and felt that he was in a good position to take over when his father decided to retire.
Meanwhile, one of their daughters married a farmer who had a degree in agriculture. He was keen to develop new business models and revolutionize the farm with a modern approach.…

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“I don’t think am ambitious. I have just found my lane and am racing.” This is how Mary Njoki, the Managing Director of Glass House PR Company, describes her perceptible determination to succeed in the manifestly crowded field of public relations and communications.…

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It is safe to point out that life insurance has historically been an important method through which individuals have been able to save and invest effectively for the longer term. By designing life insurance products, underwriters have been able to accumulate large amounts of money from across a large proportion of the population.

By pooling these savings from investors into large accumulations of investable funds, insurance companies have been able to invest in a wider range of investments than individuals would have been able to invest directly themselves. They have also been able to invest in larger scale and more risky investment opportunities which tend to be more beneficial to the economy.…

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A man was injured in a serious accident but, fortunately, the only permanent damage he suffered was the amputation of both ears. Due to this unusual handicap, he was very self-conscious about his appearance. As a result of the accident, he received a large sum of money from the insurance company and…

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