[kictanet] Business In a Time Of Diminishing Trust

[Solomon Mbũrũ Kamau]

The National and County Governments are the leading culprits of "Killing"
businesses. You deliver products, but it takes years for the government to
honour payments. In mind I have the case of the suppliers who have been
asking for payment from the Prisons Department, and they blame the person
of the Principal Secretary for their predicament.

The private sector learns from the government and perfects the art of
dishonouring agreements.

The "Utado" attitude reigns everywhere.

On Thu, Feb 6, 2020, 10:25 Ali Hussein via kictanet <
kictanet at lists.kictanet.or.ke> wrote:

> Interesting read...
>
> *Ali Hussein*
> +254 0713 601113
>
> Twitter: @AliHKassim
>
> Skype: abu-jomo
>
> LinkedIn: http://ke.linkedin.com/in/alihkassim
>
> "We are what we repeatedly do. Excellence, therefore, is not an act but a
> habit."  ~ Aristotle
>
>
> Sent from my iPad
>
> On 6 Feb 2020, at 10:16 AM, Mbugua Njihia via kictanet <
> kictanet at lists.kictanet.or.ke> wrote:
>
> 
> Contracts, purchase orders, letters of intent, IOU’s and many other
> instruments of business are increasingly not worth the paper they are
> printed on, even if created by and under the direction of legal counsel.
> Transacting business in Kenya, whether with an individual, SME, corporate
> and even government can be a game of chance, where your enterprise is
> better off getting what it can right out of the gate as future payments are
> not assured or the effort to get it on the books leaves teams adversely
> worn if the business is not already tittering on closure, having hedged
> every possible credit line to stay afloat and servicing errant customers.
> Such is the reality for many entrepreneurs and their operations regardless
> of their stage, where exposure can range from the thousands to billions of
> shillings.
>
> http://www.mbuguanjihia.com/business/business-in-a-time-of-diminishing-trust.html
>
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> for people and institutions interested and involved in ICT policy and
> regulation. The network aims to act as a catalyst for reform in the ICT
> sector in support of the national aim of ICT enabled growth and development.
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