Kenya is the most industrially developed country in East Africa, yet manufacturing accounts for only 14 per cent of its gross domestic product.
By EDWIN MOINDI
The peasants were troubled. Their seasonal cottage business was in shambles. No longer did the merchants travel to the country to give business to the spinners and weavers. Subsistence farming was being replaced by a capitalist system that fed millions in the industrial cities of Manchester and Liverpool. Many were forced to migrate to the cities.
How imports affect Kenya’s producers full post Read More
(868 words, 1 image, estimated 3:28 mins reading time)
An automated workforce has a large number of benefits over human capital: the investment of a single robotic worker can replace 3 to 4 human workers carrying out their duties at the same speed.
Prof. Richard Miller
Ever since the birth of modern manufacturing in the textile industry in Northern England, new and cutting edge trends to create and grow businesses have always played leading roles in successful business decision-making. It was trends in technology that pushed forward the coal industry, transforming manufacturing and keeping everything intertwined. Profits are often garnered through differentiation of costs, and those with the technological advantage can gain market share through finding ways to lower costs.
Technology has made manufacturing better full post Read More
(1041 words, 1 image, estimated 4:10 mins reading time)
African governments should be proactive in adopting new technologies.
By FRANCOIS VAN DYK
Professor Klaus Schwab, Founder and Executive Chairman of the World Economic Forum (WEF), believes that the world is in a massive change which he explores in his book, The Fourth Industrial Revolution. This fourth revolution follows on the digital revolution which started in the 1980’s. Though this digital revolution is still ongoing, Schwab sees new emerging technologies such as the internet of things (IoT), Artificial Intelligence, 3D printing and others as fundamentally changing how people interact with each other, technology and even the environment.
Africa should innovate to grow full post Read More
(1018 words, 1 image, estimated 4:04 mins reading time)
When Eng. Michael Thuita, Acting Chief Executive Officer at Athi Water was young, a certain engineer visited his primary school. He liked the guy and fell in love with his profession even more. He has never looked back. He talks toTABITHA AREBA about his journey as an engineer and now CEO.
Was it a calculated game plan for you to rise to the position of Chief Executive Officer?
No, it was not calculated. I started from working at a division under the Ministry of Water, then went on to head the District, and then the Province before being chief engineer in charge of planning and design of all irrigation infrastructure in the country at the National Irrigation Board. That is where I was before I was appointed CEO.
I am living my childhood dream full post Read More
(567 words, 1 image, estimated 2:16 mins reading time)
Cryptocurrencies and blockchain assets are the newest and potentially most promising new asset class.
By JONATHAN MISOI
The Rotary Club of Eldoret, where I am a member, played host to a talk titled “Cryptocurrencies: Myths, Facts, Figures and Future”. As I took to the stage to speak, I could see the faces of attendees, fully packed in our small Rotary meeting place, pregnant with expectation and questions of what Cryptocurrencies hold for them and the future.
I shot the first question: “By show of hands, how many have heard about Bitcoins?”Many hands rose.
The new medium of exchange full post Read More
(1543 words, 1 image, estimated 6:10 mins reading time)
Executives need to own up to their role in creating workplace stress that leads to burnout and create systems of addressing the same.
By MIRIAM CHEGE
Picture this. Your workload is always overwhelming regardless of your planning and prioritisation. You have tens of things that needed to have been done by yesterday. Every other time, you receive an additional call or email from your supervisor or co-managers of a new task that is to be completed by end of day. You also have several internal meetings to attend and from those there are more meetings to further discuss issues from the main meetings. This could be the scenario facing many supervisors and managers leading to burnout. Read More
The ‘workforce’ of the future will include Artificial Intelligence, freelancers and even crowd-sourcing. Artifical Intelligence will do most of the ‘heavy-lifting’ or repetitive tasks, enabling human employees to operate more productively.
By FRANCOIS VAN DYK
“Education is the passport to the future, for tomorrow belongs to those who prepare for it today.” – Malcolm X
I have always been a bit of a science-fiction fan. Certainly not one of those that get dressed up for comic conventions like The Big Bang Theory’s nerdy scientists Leonard, Sheldon, Wolowitz and Raj but a sci-fi fan nonetheless.
The future of work is here full post Read More
(1043 words, 1 image, estimated 4:10 mins reading time)
The primary purpose of enterprise management is to select the best people and empower them to accomplish productive work toward the organisation’s objectives.
By MURORI KIUNGA
When I quit employment over 10 years ago to start my own business, one seasoned managing director of a local company told me one thing that to date has informed most of my business decision, especially on human resources. Read More
We need to know who we are and what we are good at, risking everything in the pursuit of our dreams, as we nurture and hone our skills.
By EDWIN MOINDI
For work to happen, effort and energy has to be dispensed. There was a time when our ancestors had no luxury in choosing the work they did. The land they lived off dictated that. But every time a civilisation arose, labour became the fuel for its growth. Under such circumstances labour was divided into social classes and the people who worked the hardest and received a pittance were the slave class. They had no free will and only lived on the whims of their masters.
Work, life and purpose full post Read More
(995 words, 1 image, estimated 3:59 mins reading time)
Jacqueline Mugo, the Executive Director of the Federation of Kenya Employers (FKE), speaks on what organisations need to do to attract and retain talent.
By KAGENI MUSE
“To win in the marketplace, you must first win in the workplace,” is a quote by Doug Conant of American firm Campbell Soup, which points to the importance of getting right the employee factor for any organisation. Chinese billionaire Jack Ma in his recent visit to Kenya too spoke of the importance of taking care of people – customers and employees – because they take care of the shareholder.
People are the core of every organisation full post Read More
(990 words, 1 image, estimated 3:58 mins reading time)