Sharp Daily
No Result
View All Result
Sunday, August 17, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

Kenya National Federation of Jua Kali Associations (KNFJKA) Projects a Robust Sector Growth

David Musau by David Musau
July 5, 2023
in News
Reading Time: 2 mins read
Jua Kali Industry

Jua Kali Industry [Photo/Courtesy]

The Kenya National Federation of Jua Kali Associations (KNFJKA) has projected robust sector growth with a significant contribution to the country’s gross domestic product (GDP) amid the unveiling of the Kes 800 million plan in June 2023. The Juakali sector plan is expected to run up to 2027, and the launch was overseen by Micro, Small, and Medium Enterprise Development Principal Secretary Susan Mangeni, who identified Kenya’s entrepreneurial sector and the national government as some of the key drivers in the sector.

Read more: KCB Partners with the Jua Kali Sector to Boost Access to Credit

The Jua Kali Federation aims to fully utilize the Africa Continental Free Trade Area (AfCFTA) in boosting the capacity for Kenyan exports in its endeavour to increase the market for locally produced products by penetrating the regional markets. In addition, the federation has aligned strategic solutions to both challenges and opportunities in the sector, which, if well implemented, should see growth in the sector. Part of these strategic solutions is to change the federation’s structure in terms of management and secretariat, including various organizational reforms to enhance the success of implementing the plan.

Read more: Jua-Kali Artisans Key To Kenya’s Industrialization Efforts

RELATEDPOSTS

Structuring private equity deals in Kenya

May 13, 2025
Courtesy of www.internationalaffairs.org.au

Kenya Set to Host AU’s 5th Mid-Year Meeting in July

July 12, 2023

The plan noted that the use of outdated production techniques has caused the sector to be unable to set and maintain quality standards, resulting in low production capacity to enhance exports. In this regard, it seeks to launch a standard improvements program that will see the introduction of more modern production means as well as collaborative agreements with intellectual property institutions to enhance intellectual property protection as an incentive to foster innovation in the sector.

Read more: Jua Kali-Kenya’s Potential In Handcrafted Textiles

The sector also identified that low and unstructured access to information technology caused low productivity through the use of e-commerce in the sector. Furthermore, MSMEs have limited access to information, credit, and business support services to scale up or sustain their businesses. Therefore, the plan will focus on digitalization in the sector as it aims to incorporate the use of digital technologies and data in order to create revenue, improve business, replace or transform business processes, and create a competitive environment for these businesses to thrive.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Increase in Vehicle Import Duty To 35.0% Expected to Dampen Demand of Imported Cars to Kenya

Next Post

Kenya Acknowledged as a Major Importer of Malaysian Palm Oil

David Musau

David Musau

Related Posts

commercial illustrator
News

Why Kenyan private equity firms should consider continuation funds as an exit strategy

July 23, 2025
Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025

LATEST STORIES

Overcoming barriers to AI adoption in Kenyan accounting firms

August 15, 2025

Consolidating Pension Contributions in Kenya

August 15, 2025

Reopened infrastructure bonds oversubscribed as investors seek higher yields

August 15, 2025

Understanding foreign investor outflows

August 15, 2025

The rise of ESG investing in Kenya: A shift toward sustainable finance

August 14, 2025

Segregated Pension Schemes in Kenya Q2’2025 Performance

August 8, 2025
Asset allocation dividing an investment portfolio among different asset categories.

Building a Retirement Portfolio in Kenya

August 8, 2025

Steps banks can take to align with fair lending practices

August 7, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024