KICC to host financial planning expo

January 15, 2009

, NAIROBI, Kenya, Jan 15- A finance exhibition that aims to offer advice on good financial planning and create job opportunities at the same time has been unveiled in Nairobi.

The three-day exhibition dubbed ‘Money 09’ will bring together financial experts and members of the public from February 6 to 8 and is expected to focus on how participants can build a secure financial future by making wise investment decisions.

“Visitors will be able to obtain advice on organising their financial affairs, investing in new ventures, retirement planning or simply being informed on money matters. A seminar program will also run through out the fair offering a fusion of advice and inspiration,” said Michael Hughes, Managing Director of event organiser Drumbeat.

He told reporters that the expo comes at an opportune time when people in most countries around the globe were grappling with the effects of the on going financial crisis and which had forced them to look for ways to raise money, where to invest or how to make their money work for them.

“We have put together a wide variety of financial experts where people can obtain advice that will assist them to take more control of their financial future,” he revealed.

At the same time, Mr Hughes said part of the proceeds from the expo would go towards Drumbeat Charity Trust which strives to alleviate poverty through the creation of employment opportunities in various parts of the country.

“The Trust, which was recently established, will address employment issues on different levels such as developing small businesses to exploring areas of opportunity and developing community programs that support the provision of jobs,” he added.

Also present at the media briefing was Nairobi Stock Exchange Chief Executive Officer Peter Mwangi who pledged the bourse’s support for any organisation that seeks to increase financial literacy among Kenyans.

“Anything that contributes to investor education is a good thing for us and for the country. The other appealing linkage of this fair is trying to connect some aspects of capitalism to charity,” said Mr Mwangi.

About 70 exhibitors and 10,000 visitors are expected to attend the exposition which will be held at the Kenyatta International Conference Centre whose organisers hope to make an annual event that would also serve to promote Kenya as an ideal investment destination.

“We have big plans for the event. We want to develop it to be the finest exposition in the region and there’s no reason why Kenyans shouldn’t learn about investing in the Emirates, Singapore or South Africa. If we do that then it’s the city of Nairobi and Kenya in general that will benefit,” Mr Hughes enthused.

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