Kenya Television Network (KTN), held its final episode of the special feature: Innovation and Entrepreneurship, ahead of the Global Entrepreneurship Summit at Strathmore Business School on the 22nd of July, 2015.With only three days to go before one of the largest economic convention sets sail, the country is geared up to seize each passing moment with various entrepreneurs and innovators voicing their expectations. First of its kind in Sub-Saharan Africa, the summit is a great landmark to the country’s economic map.
Sitting on the panel was: Dr. George Njenga- Dean Strathmore Business School, Johnstone Sakaja- Chairman of The National Alliance and Nominated Member of Parliament, and Kariithi Murimi- CEO and Team Leader JMS Strategy Innovations LTD. The moderators; Yvonne Okwara and John Allan Namu ensured a captivating audience with discussions anchored in from all corners.
Among the issues raised were: Government’s role in enabling business friendly environs, Facilitating ease of doing business and The role of public and private sector in building a promising economy. The auditorium packed with blossoming entrepreneurs, were eager to learn and share their experiences, whilst also getting the opportunity to showcase their innovations.
Dr. Njenga boldly re-affirmed the role of the government in business interactions, stipulating that the government should allow the private sector build the economy through entrepreneurship. “When a country does not understand that the private sector is the body which runs the economy and the only government enables economic growth, then we are lost,” remarked Dr. Njenga.
Kiriithi echoed similar sentiments, adding on that the country can no longer be governed by obsolete laws which are no longer relevant to address issues sprouting from modern day civil complexities. “We need to do a radical audit to our laws. Although the constitution is very people centered, we have a lot of colonial laws, which have grown obsolete.”
Hon. Sakaja highlighted some of the interventions the government has put in place in fostering entrepreneurship, mentioning that for the last two years, government’s priority has been to empower and capacitate women, youth and persons with disabilities, with affable support to better their lives through various ways. “30% of government’s procurement is supplied by the youth. We also have a tax rebate for young people whose businesses are less than six months old. These interventions and many more are channeled towards enabling our talented youth build capacity.”
Innovators such as Njuru Mwangi from Sufuria.com, Timothy Kinyanjui from Valuraha Group, Diana Mwaniki from PurPink Gifts and Kamau Wanyoike, from County Pro, an information system portal for revenue collection, left the audience in admiration as they took them through the nuts and bolts of their inventions.