Paul Ouma, Faculty at Strathmore Business School has been appointed Chair of the Kenya National Chamber of Commerce, Homa Bay County for a period of three years. Paul’s role involves lobbying for a thriving business community in Homa Bay.
Kenya National Chamber of commerce is the umbrella body for the private sector business community, comprehensive of 47 county chapters. The main objective is to lobby on the best interest of the business community. The governing structure of each county chamber is comprised of a Chairperson, a deputy and a board of directors made of 9 committee heads who chair various arms.
The various business facets which the chamber takes care of include Women in Business, Youth Enterprises, Agribusiness, Energy and Infrastructure, Tourism and Services, just but to mention a few. “A key agenda on my list is to foster better entrepreneurship practices by indulging the entrepreneurs in training curriculum for value addition so as to improve the economic grounding of the County,” remarked Ouma.
The National Chamber of Commerce thrives in consolidating the various members of the business communities in the various counties and in ensuring that the interests of the business community are taken care of. This also includes attracting and being the liaison between investors and the various business communities. “The recent closure of second tier banks will increase the popularity of Micro Finance institutions and Table Banking, to access funding. Table banking is a practice that is very popular among women in entrepreneurship.
Homa Bay County enjoys an expanse pool of resources which demonstrate the many avenues for investment opportunities. This includes a variety of ecological zones in Kenya which favor agricultural practices such as the growth of tea, coffee and horticultural products. The water resources in Homa Bay County has made the fishing business and the fishing value chain an attractive and lucrative business. Homa Bay County has over 70% of the Lake Victoria Shore.
“Budgetary allocations to the county governments are greatly influenced by the revenue individual counties generate on their own. Hence it is very crucial to encourage counties to generate as much income through their various flagship projects, which accounts as their main source of livelihoods. Top of my priorities will be looking for and attracting investors who will support the county to drive its economic development goals and building a strong advocacy framework which will aid the county’s business relationship with the national chamber of commerce’s agenda, in growing a vigorous business environment,” concluded Paul.
About Paul Ouma
Paul is a Strategy and Performance management consultant/trainer. He is a faculty member at Strathmore University and an executive education trainer at Strathmore Business School. He has provided technical support and assistance in facilitating strategy workshops and preparing strategy, performance management and implementation plans for public and private institutions including the East African Portland Cement Company and Kenya Red Cross Society among others. Click here to read more