It has been a good week for the Kenyan SME. First Finance Minister Amos Kimunya
was relieved of his position at the helm of the Treasury, and second there's a new forum to give them and their
achievements greater publicity.
Writing for the IDG News Service, Rebecca Wanjiku reports that
tech firm UUNET are looking to sponsor the ICT category of Kenya's
inaugural top 100 midsize companies survey, a survey which she says will work
as a platform for non-NSE enterprises enjoying turnover of between US$1.07 and 1.5
million and with at least three years of audited accounts.
"The survey will recognize the achievements of
the unknown, unsung and uncelebrated successful enterprises, as well as promote
a culture of entrepreneurship," said Kenneth Kareithi, UUNET marketing manager.
And right he is, improvements in both efficiency and quality of technology utilities should pave the way for this knowledge and services sector to expand both in its profits and in its influence on the Kenyan market place. It will be interesting to see what firms come up in the survey, and just how seriously Kenyans are taking on these opportunities. Global precedent underline the importance of the technology sector in achieving speedy growth spurts, and in creating a whole new arena of opportunities, especially for those trained in highly specialised fields who may otherwise be lost to brain drain, or else rendered unproductive. Companies have until the end of July to file their entries for the KPMG
conducted survey which is expected to present Kenya's
fastest growing middle sized companies on the basis of a number of measures, from
revenue, profit, return on investment and cash generation to talent management,
social responsibility and innovation. There will be a special category for
rural businesses.
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