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Kenya

Bid to revive Kenya Chamber of Commerce

NAIROBI, Kenya, Sep 29 – A new initiative to revive the troubled Kenya National Chamber of Commerce and Industry (KNCCI) has been launched with Vice President Kalonzo Musyoka calling for an all inclusive process to end the wrangles that had dogged the Chamber for years.

Mr Musyoka said a reformed chamber was vital for pushing the economic growth under the new constitutional dispensation.

He welcomed the idea of reviving the chamber and asked the committee spearheading the exercise to be guided by diligence and transparency.

“The Kenya Private Sector Alliance (KEPSA) and other town-based business associations are doing a good job, but the world over major business deals and investments are driven by National Chambers of Commerce,” he added.

The Vice President was speaking on Tuesday during the KNCCI Rejuvenation Inception Meeting at a Nairobi hotel. 

He asked the members of the chamber to embrace the global trends of conducting business to be able to reap the full benefits of the opportunities available locally, regionally and globally.

Mr Musyoka said there was need for the chamber to play a key role in the country’s dream to become a newly industrialised nation, through Vision 2030.

Minister for Trade Ali Chirau Mwakwere said his Ministry was committed to reforming the chamber and reclaim its lost glory not only in Kenya but also regionally. He noted that the ministry and other stakeholders have formed a steering committee to resuscitate the chamber.

The Minister assured that he will work with all stakeholders, adding that the reform process was unstoppable.

KEPSA Chairman Patrick Obath said there was need to reconstitute the chamber that will be subscribed by the business community.

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Mr Obath who is also the Rejuvenation Steering Committee Chairman, called on the Constitution of the Chamber to be changed to reflect the needs of Kenyans.

He disclosed that a regional meeting will be organised for more views to be given that will later culminate into a National Validation workshop.

The Chairman added that after discussions with various stakeholders, UNDP offered to fund the reform process of the chamber.  

Vision 2030 Chief Executive Officer Mugo Kibati challenged members of the business community to put national interests first instead of personal interests, and urged them to de-link the reform process from politics, saying what was required now was good leadership.

Present were Permanent Secretary Ministry of Trade, Eng, Abulrazak Aden Ali, CEO KEPSA Carole Kariuki and Vice Chairperson Lucy Karume among other dignitaries.

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