wazua Fri, May 8, 2026
Welcome Guest Search | Active Topics | Log In

3 Pages<123>
What drives Kenya's Economy?
GGK
#11 Posted : Wednesday, July 20, 2011 12:33:02 PM
Rank: Member

Joined: 11/21/2006
Posts: 608
Location: Ruiru
The GDP of Kenya is about 3 Trillion Shillings (services62% Agriculture 22% Industry 16%) The problem here is 75% of labor force is in agriculture)

So if Kenya can mechanize its agriculture (thus involve less people) and maximize on service provision and industry, this GDP can be doubled in less than 10 years. With global population raising, agriculture is the next big thing... Arabs can have their oil, but we can exchange it for rice and thus reduce the balance of trade.
"..I am because we are. "― Ubuntu, Umtu,
eboomerang
#12 Posted : Wednesday, July 20, 2011 12:42:15 PM
Rank: Member

Joined: 6/27/2011
Posts: 301
Location: Nairobi
GGK wrote:
The GDP of Kenya is about 3 Trillion Shillings (services62% Agriculture 22% Industry 16%) The problem here is 75% of labor force is in agriculture)

So if Kenya can mechanize its agriculture (thus involve less people) and maximize on service provision and industry, this GDP can be doubled in less than 10 years. With global population raising, agriculture is the next big thing... Arabs can have their oil, but we can exchange it for rice and thus reduce the balance of trade.

You're right, but major problem is that the government doesn't view national level economics in a brilliant manner like you are pointing out. Just recently they allowed the importation of GMO maize...what do you make of that.

I think it was in another thread where I mentioned that it's enough to have one huge industry as a country and given good management, that industry can turn around the country tremendously into a middle income state. However, a lot of governments initiative need to be realigned to support that industry.

When we say "industry" we don't mean "company", its the entire ecosystem that leads to the production of the given products or services -an industry will give birth to companies.
accelriskconsult
#13 Posted : Wednesday, July 20, 2011 2:19:58 PM
Rank: Member

Joined: 4/2/2011
Posts: 629
Location: Nai
eboomerang wrote:
GGK wrote:
The GDP of Kenya is about 3 Trillion Shillings (services62% Agriculture 22% Industry 16%) The problem here is 75% of labor force is in agriculture)

So if Kenya can mechanize its agriculture (thus involve less people) and maximize on service provision and industry, this GDP can be doubled in less than 10 years. With global population raising, agriculture is the next big thing... Arabs can have their oil, but we can exchange it for rice and thus reduce the balance of trade.

You're right, but major problem is that the government doesn't view national level economics in a brilliant manner like you are pointing out. Just recently they allowed the importation of GMO maize...what do you make of that.

I think it was in another thread where I mentioned that it's enough to have one huge industry as a country and given good management, that industry can turn around the country tremendously into a middle income state. However, a lot of governments initiative need to be realigned to support that industry.

When we say "industry" we don't mean "company", its the entire ecosystem that leads to the production of the given products or services -an industry will give birth to companies.



Can someone tell me why Kenya has no National Water Pipeline Corporation? Methinks that land clashes, famine, disenfranchisement of the Northern provinces has a lot to do with failure by the government to identify water as the second most important resource after human capital
bwenyenye
#14 Posted : Wednesday, July 20, 2011 3:58:48 PM
Rank: Elder

Joined: 5/24/2007
Posts: 1,805
Thanks to the former regime, we are now an ecomony driven by SMEs and brokerage services.
I Think Therefore I Am
mukiha
#15 Posted : Wednesday, July 20, 2011 4:31:49 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
accelriskconsult wrote:
eboomerang wrote:
GGK wrote:
The GDP of Kenya is about 3 Trillion Shillings (services62% Agriculture 22% Industry 16%) The problem here is 75% of labor force is in agriculture)

So if Kenya can mechanize its agriculture (thus involve less people) and maximize on service provision and industry, this GDP can be doubled in less than 10 years. With global population raising, agriculture is the next big thing... Arabs can have their oil, but we can exchange it for rice and thus reduce the balance of trade.

You're right, but major problem is that the government doesn't view national level economics in a brilliant manner like you are pointing out. Just recently they allowed the importation of GMO maize...what do you make of that.

I think it was in another thread where I mentioned that it's enough to have one huge industry as a country and given good management, that industry can turn around the country tremendously into a middle income state. However, a lot of governments initiative need to be realigned to support that industry.

When we say "industry" we don't mean "company", its the entire ecosystem that leads to the production of the given products or services -an industry will give birth to companies.



Can someone tell me why Kenya has no National Water Pipeline Corporation? Methinks that land clashes, famine, disenfranchisement of the Northern provinces has a lot to do with failure by the government to identify water as the second most important resource after human capital


And what is this? http://nwcpc.go.ke/
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
eboomerang
#16 Posted : Wednesday, July 20, 2011 4:41:49 PM
Rank: Member

Joined: 6/27/2011
Posts: 301
Location: Nairobi
mukiha wrote:

And what is this? http://nwcpc.go.ke/

A website...

and the story probably ends there.
accelriskconsult
#17 Posted : Wednesday, July 20, 2011 4:47:58 PM
Rank: Member

Joined: 4/2/2011
Posts: 629
Location: Nai
eboomerang wrote:
mukiha wrote:

And what is this? http://nwcpc.go.ke/

A website...

and the story probably ends there.


Mukiha & eboomerang Applause for finding this phantom. I will attempt to find out how much it was allocated in the last budget and then write a letter to its top honcho to explain why Kenya Pipeline Corporation hogs all the limelight.
Obi 1 Kanobi
#18 Posted : Wednesday, July 20, 2011 4:56:44 PM
Rank: Elder

Joined: 7/23/2008
Posts: 3,017
GGK wrote:
The GDP of Kenya is about 3 Trillion Shillings (services62% Agriculture 22% Industry 16%) The problem here is 75% of labor force is in agriculture)

So if Kenya can mechanize its agriculture (thus involve less people) and maximize on service provision and industry, this GDP can be doubled in less than 10 years. With global population raising, agriculture is the next big thing... Arabs can have their oil, but we can exchange it for rice and thus reduce the balance of trade.


3 Trillion is on the lower side in my opinion, if the entire economy was recorded, I think the correct number should be Usd 75-100 billion.

As to what drives our economy, its got to be internal production and consumption (jua kali, private schools universities and hospitals), unlike the celebrated african economies like Angola and Co. that get favourable press because they spend their petro dollars overseas, ours is a very mature self sufficient economy that feeds on itself.
Here's an example, i recently chatted up an executive of a fast rising financial intitution who told me they were looking at growing their big loan book by a large margin, when I asked him where he would get the customers yet the larger banks BBK, KCB Stanchart had already locked in the major corporates, he smiled and told me that the big money is now in real estate developers who are now borrowing large loans unlike the mature manufacturing companies.

There are other factors that spur our growth, example diaspora remittances and the service industry.
"The purpose of bureaucracy is to compensate for incompetence and lack of discipline." James Collins
eco
#19 Posted : Wednesday, July 20, 2011 5:06:47 PM
Rank: Member

Joined: 6/17/2011
Posts: 229
accelriskconsult wrote:
eboomerang wrote:
mukiha wrote:

And what is this? http://nwcpc.go.ke/

A website...

and the story probably ends there.


Mukiha & eboomerang Applause for finding this phantom. I will attempt to find out how much it was allocated in the last budget and then write a letter to its top honcho to explain why Kenya Pipeline Corporation hogs all the limelight.


@accelriskconsult, also ask them (*&^%$?) why let all the Tana River water drain to the ocean, becoming wasted, while it can be repumped to irrigate expanse of agriculture plantations. Instead of poisoning our country with GMO maize, can't we tap Tana after the last HEP plant or just before it plunges sweet waters to the saline ocean? Egypt will not come after our necks afterall. Tana and Athi are ours, beginning to the end......that is if we do not continue to plunder the forests.
dunkang
#20 Posted : Wednesday, July 20, 2011 9:09:10 PM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
Do you know that the middle stages 3 main rivers in Kenya are in the Country's driest places. What a waste.

The government of Kenya started irrigation projects in Isiolo District (Now County) in a place called Malkadaka and Gafarsa. Agronomy thrived there since the Ewaso Ng'iro River passes there (less than 750m). When the farms were transfered back to the locals (Boranas) all steel farming equipments were converted to knives and machetes. To them, agronomy is slavery and tiring, they would rather have camels, cows and shoats, than farm!

Marsabit town and Walda in Moyale are classic examples of places where water was in plenty until the 90's when the Boranas decided livestock keeping was less weary. This lead to overstocking and deforestation. As we speak now, Marsabit town depend on a borehole 75km away in Logologo.

We should not be too fast to blame the central government and its parastatals yet 'our' STUPID cultures are the ones driven us backward!
Receive with simplicity everything that happens to you.” ― Rashi

3 Pages<123>
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2026 Wazua.co.ke. All Rights Reserved.