Being Kenya’s largest port, it serves as the vital gateway and primary trade route for landlocked East and Central African countries like Uganda, Rwanda, South Sudan and the eastern Democratic Republic of Congo.
The port, which has been breaking record after record, connects these countries to global markets, handling significant cargo for the entire region via multi-modal transport systems like the Northern Corridor.
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KNCCI Mombasa chapter chair Aboud Jamal at the Mombasa
Business Awards on Friday / JOHN CHESOLIKNCCI Mombasa chapter chair Aboud Jamal [standing,
R] at the Mombasa Business Awards on Friday / JOHN CHESOLI
Mombasa port is doing an incredible job in facilitating
trade in the region, but there is still room to exploit its full potential, the
business community in the county has said.
Being Kenya’s largest port, it serves as the vital gateway
and primary trade route for landlocked East and Central African countries like
Uganda, Rwanda, South Sudan and the eastern Democratic Republic of Congo.
The port, which has been breaking record after record, connects
these countries to global markets, handling significant cargo for the entire
region via multi-modal transport systems like the Northern Corridor.
Kenya National Chambers of Commerce and Industry Mombasa
chapter chair Aboud Jamal said the world is now seeing the contribution of the
Mombasa port, and by extension, Mombasa city and the Kenya Ports Authority to
the Great Lakes region.
“Basically everyone appreciates the work that Mombasa port
does but we believe that it has the potential to do much more,” Jamal said.
Speaking during the 12th edition of the Mombasa Business
Awards, Jamal said the business community is pushing the government to have
more bilateral agreements with more countries.
Such bilateral agreements, he said, will push both imports
and exports in and out of Kenya and East Africa to see volumes grow and push up
businesses.
He said the government, under advice from the business
community, is also trying to balance trade between imports and exports with
foreign countries.
The US and Kenya are currently engaging in bilateral talks
to improve the trade between the two countries.
President William Ruto was by Saturday still in the US
trying to negotiate trade deals, after having signed a $1.6 billion (about
Sh206.9 billion) health deal with the US.
“We are trying to see how negotiations will turn out with
the US because our Excellency is there right now to see how they can relook at,
hopefully, AGOA (African Growth and Opportunity Act). We also have a few
pending bilaterals with the EU, the CIPA (Comprehensive Economic Partnership
Agreements) with the United Arab Emirates,” Jamal said.
“Basically, as a business community, we are hopeful that the
future will be brighter and the government completes these tools and gives
business a shot in the arm,” he said.
The visit of acting US ambassador to Kenya Susan Burns was
an eye-opener for the business community in Mombasa.
Burns on Thursday said a meeting between her office and the
business community in Mombasa yielded positive results.
She noted that the Mombasa port’s potential is yet to be
fully exploited, calling on the government and the business community to utilise
the facility more.
Jamal on Friday said the blue economy has huge potential not
only in Kenya but also in East Africa.
However, he noted, the government needs to take the central
approach in ensuring there are the right infrastructure, policies and fiscal
incentives to attract foreign direct investments and make it attractive for
local businesses to invest in.
“We still believe there is a lot that can be done in terms
of aquaculture, marine farming, fisheries, among others,” Jamal said.
Micro, Small and Medium Enterprises, he said, need more
training to be capacity built to be sustainable.
The awards, he said, are meant to motivate these MSMEs to
strive to do more.
“A good example is the Minat Bakery. She’s really grown,
mashallah, in terms of what she is able to do and the support she is able to
attract. This December she’s hosting an event of national status that has attracted
even international partners,” Jamal said.
Outgoing Ugandan consular Ambassador Paul Mukumbya said he
has been promoting tourism, trade and investment between Kenya and Uganda.
He said selling tourism today is more about promoting
cooperation in tourism as opposed to competition.
“We came up with an expression that you move from the beach
at the Coast to the bush in Uganda or you move from the bush in Uganda to the
beach at the Coast.
“That is the complementarity of promotion as opposed to
competition between our two destinations. Actually, now we are marketing the
Coast and Uganda as one destination,” Mukumbya said.
Nyumba Group of Companies head of branding and marketing
Moody Mwaniki said the Mombasa Business Awards gives credence and visibility to
businesses.
Nyumba Group, through its subsidiary Mombasa Cement Limited,
won an award for the Best Corporate Social Responsibility category.
"We have an utmost dedication to giving back to the
communities we are part of including Kilifi, Mombasa and Athi River
communities, where our plants are based.
INSTANT ANALYSIS
The Mombasa Business Awards is a powerful celebration of
excellence, innovation and resilience of the Mombasa business community. Under
the leadership of KNNCI Mombasa chapter chair Aboud Jamal, the event continues
to uplift and inspire enterprise across the county.