KEPSA CEO`S REMARKS DURING THE 11TH KEPSA AGM (FOR
Transcription
KEPSA CEO`S REMARKS DURING THE 11TH KEPSA AGM (FOR
KEPSA CEO’S REMARKS DURING THE 11TH KEPSA AGM (FOR THE PERIOD MAY 2014-APRIL 2015) A reengineered KEPSA 1. Dear esteemed members, it gives me great pleasure to welcome you to the 11th Annual General meeting of the Kenya Private Sector Alliance. The AGM gives us room to take stock of our achievements this far. 2. KEPSA continues to play a critical role in creating an enabling environment for the development of the Private Sector and impacting on the overall economic growth of the country which has remained resilient in spite of the spouts of security challenges. 3. KEPSA’s role in deepening investment through policy reforms remains critical to the country’s development agenda and is based on the National Business Agenda II (NBA), whose five year strategic focus is aligned to the overall goals of the National Vision 2030. Through our various engagement structures, KEPSA has made great strides in realizing our combined agenda for a more sustainable business environment that has benefited Members. In this regard KEPSA continues to strengthen its engagement structures to meet the needs of our members and enable us pursue our agenda moving forward. A brief of the work undertaken by various departments in 2014 4. As an organization, we work together with a primary goal of serving our Members’ needs and so each Department of the organization has been doing something that contributes to this goal and I would like to give some highlights of what we have done internally that have yielded the results that the Chairman will be presenting to you. Page 1 of 6 5. Human Resource and Administration: During the year, KEPSA undertook a series of institutional capacity strengthening to enable us meet the needs of our Members and engage more efficiently and effectively with our partners. We created and filled the following positions guided by a new Business Strategy: Manager, Projects and Results Management Manager, Media Relations and Communications; Manager, Policy Research and Analysis; Public-Private Dialogue Officer (Sector Committees); Public Private Dialogue Officer (Devolution); Trade and Investment officer; Communications and Publications officer; Policy and Research Officer The total number of staff working for and within the organization stands at 38 of which 23 members of staff are part of the KEPSA secretariat, 2 members of staff are on seconded from the World Bank while 13 members of staff are under the employ of the Kenya Youth Empowerment Program (KYEP) KEPSA is in the process of building a balance score card to enable us track the efficiency and impact of our activities while weighing the impact of each individual’s efforts towards realizing the goals and objectives of the organization. Under the new strategy the Secretariat is now organised into three Directorates: Policy Research and Public-Private Dialogue; Operations; and, Media, Marketing and Communication, each is supported by respective Departmental Managers. The organization is still undergoing transformation and we are yet to fill the vacancies for the heads of the three directorates under which the organization continues to operate. 6. Financials: KEPSA’s total income grew by 24.5% from KES 161 million in 2013 to KES 200.5 million in 2014 Surplus funds increased from KES 44.9 million to 59.4 million during the period under review. Growth was largely driven by a 74% increase in membership subscriptions which contributed KES 50.6 million in 2014 up from KES 29.5 million in 2013 We expect this trend to continue in 2015 going by the increased interest in KEPSA membership which saw an additional 23 members sign-up during the first quarter of 2015. Page 2 of 6 KEPSA targets to generate additional KES 18.5 Million shillings this year in new revenue from Events and exhibitions, merchandise, administration fees and the dissemination of investor intelligence. 7. Membership Products and Services Department KEPSA is a Membership driven organization and as such needs to meet the diverse needs of its members who are the engine of the organization’s activities. We realized a 74% increase in membership subscriptions with 57 new members joining the Alliance in 2014 while an additional 23 new members subscribed during the first quarter of 2015. 13 members were reinstated into the KEPSA family increasing our paid up membership to 204 members in 2014 compared to 111 paid up members in 2013. For its dedicated hard work, the membership department was ranked as the best performing department in the organization. The department continues to innovate new products and services targeted at meeting the needs of our members. 8. Public Private Dialogue Department: KEPSA has continued to focus on improving the overall business environment through its Public Private Dialogue engagement mechanisms geared towards making Kenya the preferred investment destination on the continent. Regional integration is a key avenue to unlocking our economic potential by providing a larger market for both local and foreign investors. In this regard KEPSA has set up a new engagement structure dubbed the ‘Regional Ministerial Stakeholders’ Forum’. This is an engagement with the Council of Ministers aimed at highlighting the issues to be forwarded to the East African Heads of State Summit. The platform will offer an opportunity for the participation of the Private Sector in the formulation of regional policies. At the 4th PRT, we had another PPD platform established –the Sector Working Groups formed to bring together various Ministries on cross cutting issues that require more than one Ministry to implement. 9. Through the above engagement platforms we have made many gains in easing the cost of doing business for the benefit of our Members as will be highlighted by our Chairman in his report. Page 3 of 6 10. Policy Research and Analysis Department To further enhance our ability to champion policy reform through our public private dialogue engagement structures, KEPSA has created a Policy Research and Analysis Department. The department has four members of staff with expertise in legal, policy and research related fields The department provides evidence based analysis towards strengthening the policy and advocacy agenda of the organization through various write-ups. Specifically, o the department developed 7 position papers to guide policy; o developed 12 seminal papers for presentations at various business forums and conferences; o developed 2 policy briefs; o reviewed and provided written comments and background papers on 24 Bills; o prepared 14 speaking notes and presentations on specific topical issues; and o 1 workshop paper. The department also helped in the review of the Kenya Economic report 2014, a joint collaboration effort with the Oxford Business Group. In addition, the department led the development of 3 PRT Booklets and made substantial input into the background work and final reports of the COG Devolution conference, KEPSA sector Committees and other Public-Private Dialogue forums. The development of the current NBA and strategic plan received substantial support and inputs from the department. In conclusion, the department is in the process of setting up a resource center to enable us meet the growing need for factual investor intelligence and supportive data 11. Projects and Results Management Department KEPSA currently runs two major social projects; the Kenya Youth Empowerment Project (KYEP) and Mkenya Daima. KYEP is currently in its sixth cycle. It has trained over 19,532 youth, equipping them market specific skills geared towards improving youth employability while at the same time fostering the spirit of entrepreneurship Mkenya Daima is our premier social political intervention that has been instrumental in promoting national unity and fostering good governance and integrity. The next phase of the project will focus on the development and Page 4 of 6 institutionalization of a values system under the tag line ‘Rights with Responsibility’. In addition to the two projects KEPSA has been implementing 5 programs in support of our PPD work geared towards improving the business environment, enabling access to markets, economic empowerment, instituting the necessary business reforms and enhancing the participation of the private sector on governance and reforms. These programmes include: National Corruption Prevention Pact Enhancing private sector participation in governance reform – mostly supporting our legislative work; Institutional Strengthening and Policy Support Programme, which is supporting an array of our high-level PPD work; Improving business environment and market access for enhancing Kenya’s access to markets –supporting our policy and legislative PPD work; Business sector programme support The projects department is also in negotiations with various partners to secure additional support for the rollout of new programs aimed at supporting our joint agenda as the Private Sector 12. Communications and Media Relations KEPSA has restructured its internal and external communications to reflect the needs of various groups within the organization. Our mailing system has been restructured to enable us respond to members’ queries and distribute information on various activities without sending unnecessary information to our members and partners. In this regard, each department within KEPSA now has its own designated mailing list to enable us provide client specific services. Communication on all high level engagements has been sent out through the office of the CEO while sector specific communication has gone out from the Public Private Dialogue account. Overall communication to members is now handled by the membership department while all other communication is sent out by the communications department. KEPSA’s Magazine titled, ‘Private Sector’, is currently in its 5th issue and has been retooled as a thematic publication focused on various sectors of the economy. The last two issues focused on Tourism and Manufacturing. We are deepening our involvement and engagement through social media. On average KEPSA’s following on twitter has been growing at a rate of 290 followers Page 5 of 6 per month. We are also using Facebook as an online gallery for our activities and engagements. Going Forward 13. KEPSA adopted a new business strategy last year whose main objective is the pursuit of an enabling business environment over the next four years. The strategy seeks a year on year improvement in three key global business rankings: Ease of Doing Business Index Global Competitiveness Index Bribery Index 14. This is to be achieved through the implementation of the National doing business agenda. To enable KEPSA continue its work we have set up the KEPSA Foundation which will be launched during this annual gathering. The focus and mandate of the KEPSA Foundation will be to secure organizational sustainability by providing funds to support KEPSA’s core activities. Secondly, the Foundation will engage and devote its resources to social programs and activities that focus on youth, peace and CSR that the business needs to be involved in as part of national development. 15. In Conclusion I would like to thank you our members for your continued support and partnership in the development and implementation of our strategic objectives geared towards improving the business environment. I also take this opportunity to thank the outgoing KEPSA Governing Council for providing strategic leadership and welcome the newly elected Governing Council under whose guidance and leadership we hope to further KEPSA’s agenda. I would also like to thank the Board of Directors for their leadership and guidance as we continue to inspire a new era in public private dialogue and engagement. 16. Finally I would like to thank the KEPSA Secretariat for their tireless efforts in driving KEPSA’s agenda. I welcome on board all new staff and managers in various departments as KEPSA continues to expand its capacity to meet the needs of our members. We remain committed and geared towards improving the overall business environment in Kenya. Page 6 of 6