Entrepreneurship

Creating Sustainable Rural Livelihoods for Kenyan Youth, by DR. MELVIN D'LIMA

All Kenyan counties have a burgeoning youthful population segment. Approximately 60% of our population are below 35 years of age. Our education system creates a dependency in these young people, on formal employment, yet we are in a post industrial dispensation.

Agriculture, much of it slash and burn, forms the backbone of the economy. The question that begs an answer is how do we create sustainable livelihoods for all these individuals without consigning them to being minor players in the supply chain of second hand goods, cars and substandard prescription drugs, among other, fast moving consumer goods.

A Side Hustle is Good For Your Career, by VICTOR OTIENO

Side hustle has always been considered to be the forte of underpaid employees seeking to shore up their incomes to meet their basic needs. It's often associated with small business ventures such as small kiosk, car wash, movie store among others.

In this day and age of great uncertainty, side hustles must be embraced across organizational functions to include both junior staff and senior managers, by enabling them at the very least to have an extra income stream. A side hustle in this sense may be take the shape of taking up consulting work, speaking engagements, coaching or even developing a product or service.

The Silent Evolution in the Kenyan Pharmaceutical Industry, by VICTOR OTIENO

Silent Evolution - Pharmacy

 

Private pharmacies in Kenya and Africa in general have traditionally been the first point of contact for healthcare for the general population.

For the longest time now, private local pharmacies have relied on strategic location as their key differentiator or competitive advantage in addition to selling branded drugs, vis-a-vis generic drugs.

Furthermore, the profitability of private pharmacies in Kenya has been fuelled by low cost, driven mostly by sale of fake drugs, fueling a false sense of high profitability by some unregulated and unqualified industry players. The sector faces other myriad of challenges such as stock pilferage, inefficient operations systems, and unsupportive, outdated and inconsistent policies.