Government Puts in Place Structures to Attract Diaspora Investments
In a fresh effort to attract investments from the diaspora community, the government has made a promise to establish systems that will encourage Kenyans abroad to invest in the country more easily.
At the commencement of the 10th Kenya Diaspora Homecoming Convention (KDHC) today, Roslyn Njogu, Principal Secretary of the State Department for Diaspora Affairs, vocalized the active support of the Kenya Kwanza administration towards empowering Kenyans overseas to boost remittances delivered back home. Njogu highly encourages Kenyans living abroad to take into consideration different business prospects like feasible technology transfer from their host countries. This event serves as a platform for Kenyans living and working abroad to come together, celebrate the year, network, receive updates on upcoming opportunities, and make projections.
In a ground-breaking move, an investment summit will acknowledge and honour the achievements of Kenyan citizens residing outside the country through an awards presentation. The high cost of transferring funds overseas has been a major issue of concern for such Kenyan diaspora communities, a problem which was not left unaddressed by Njogu. Improving the standards of living for Kenyans abroad remains a priority for the Ministry of Foreign and Diaspora Affairs. As part of its efforts, the Foreign Ministry aims to put in place robust systems for job-seeking that will enable Kenyans abroad to find employment that aligns with their qualifications.
The chairperson of Kenya Diaspora Alliance Global Dr. Shem Ochuodho has voiced his assurance in the government's endeavours, affirming that these actions will ultimately result in a surge of remittances to the nation. Dr Ochuodho further highlights the capacity of diaspora remittances to alleviate the arduous economic circumstances in Kenya. He urges the government to establish a favourable investment atmosphere that would entice Kenyans residing abroad to invest in their native land.
According to surveys conducted by the Central Bank of Kenya (CBK) on diaspora remittances, the inflow of funds to Kenya, which boasts the largest economy in the region, has experienced a tenfold increase over the past decade, reaching a record high of $4.027 billion (Sh559.57 billion) in 2022.
Comments (22)
SHE SOUNDS DAMN AS HER UGLY FACE.ONLY MWAKILSHI SMALL BOYS WILL BUY HER BULL-SHIT. COZ THEY FALL FOR ANYTHING SO LONG AS THEY THINK THEY CAN DIP THEIR SMALL BALLS THERE
@toto keep your mouth shut! I know you and you are not the prettiest face in the Universe! I would say you won’t rate too well in a beauty contest with men let alone with men. You have such an ugly habit of cutting down others when you feel threatened (challenged) in any way! Please grow up and mature mentally!
Here we go again with this goat smelly pussy @alittlelunatictoto! What is wrong with you rotten bitch? No body would want to dip in your odious large hole between your fat legs! Nonsense!
If this bitch called Toto was only one female left in the whole world, I would choose to beat my meat with my hands! Who is your mother @toto? Damn idiot at best!
Where did you thug go to school? At least she could have encountered with sensible teachers if the family had failed her that bad. She writes filth every time she attempts to say anything! What is wrong with her?
@totogirl, please go stuff Kevin’s small bobona in your dirty mouth and shut the hell up! Do you really ever use your brains the moment you think is something to say??
I have run out curse words for this dummy @toto! She is a true daughter of a Lucifer! May she be condemned to hell for ever!!!
Gati gaka Toto Wacha ujinga! Kubafu wewe!
This Toto stupid is a whore! A trashy Malaya with some amalgamated big snappy hole!
Please try to other folks about investments in kenya. The diaspora people work too hard to take a bait by the Ruto administration which is known for telling obvious lies.
Shem Ochuodho is a copout for Ruto to defraud the Diaspora members! The problems with these old dirty politicians like Shem is that corruption is deeply engraved in his small brains because he thinks he a God’s send gift to Kenyans. Your freaking folks in Karachuonyo rejected your nonsense but now you think the people in the diaspora will buy your dead crap? Nonsense!
Shem can keep sending his small money to Ruto and go back home to build everything he wishes in Luo Nyanza! A corrupt mayor bd never recovers!
@akinyi, based on the dirty work he did in Rangwe constituency, this selfish thug is now trying to make his way back to the government by pretending he is helping the Diasporas!
Ochuadho is one of the most corrupt politicians to have ever existed in Kenya. He completely destroyed Rangwe during the time he was the MP there and the locals became even more poorer! Shem talks only where he has put his mouth to eat! Very unfortunate a thief can destroy the Rengwa people’s life and then run to America to hide there. We must never forget the history of this thug!
Achoudho, when do you think Kenya will need to be self sustaining economically after 60 years of independence?
You went to parliament but no one can recall a motion you had moved to address the issues Kenya is facing today! What did you there as an elected member?
You should feel ashamed of yourself advocating for more foreign currency to be sent to Kenya to bail out a rouge government which has lost its focus in everything. Do you really understand the marginal propensity theorem in relationship to money supply Mr. fake PhD holder?
Didnt Kibaki not run a government without borrowing from developed countries, and with little remittance of dollars!? Wacha ujinga na uchenzi!
As a matter of fact you should zip up your damn mouth when it comes to discussing developing and development issues to Kenya. You are part and parcel of the many problems gnawing the Kenyan people today! Kenya will do without you! wewe bure kabisa!
What is this Kenya Diaspora Alliance Global we only hear about when Shem Achuodho wants others to throw a dollar in his leaky pockets???
Shem, in what field is your PhD? These PhD folks are the ones destroying our great country because they assume they know everything, and other Kenyans are stupid!
If it were left to akina fake PhD guys like Ruto and the rest (Shem), Kenya would have died a natural death! Doesn’t Murkomen the new corruption billionaire have a PhD in theft? The fake PhDs are equivalent to a used toilet paper for those thieves stealing from our coffers.
Shem, Kenya does not need some failed Briefcase carriers anymore! That belated colonial mentality got to go! You can call Ruto and ask for a government post so you can eat from the poor people from within the government….
One year in office and still putting down measures. What a joke. Find diaspora land and ready titles so they can build own houses and rentals. U have all machinery to cut red tape and fraudsters. Is that too much or you enjoy when they are conned then come with bulldozers to demolish after years of litigation?
THANK YOU @MUTISO LOOKS LIKE YOU ARE THE ONLY ONE HERE WITH THE BALLS TO CALL IT AS IT IS .
Thank you @agirltoto for recognizing my achievement here. However, I have hairly big balls and I want to know if you want to lick them?
Folks, let's be civil & kind.No need to troll @#AG.Toto.whatever the post,That's his/her opinion, and he/she has a right to express it...not everyone has to agree.We all don't have to agree if we have different opinions that's the problem with society these days. Everyone is savagely trolled for having different opinions. Even if that opinion is not popular it's still theirs to have.Being offended is a personal choice.Lets learn to Live with kindness.
Which opinion does @agirltoto present here? “Small balls”? So if you want someone to play with your small balls @ngara, you can reach out to @toto to do a test drive on your opinion of your small balls!
@ngara can you differentiate childishness and an opinion? Usituletee wewe ngara! Go to church if you are offended by the counter offensive! This kid Toto has no opinion whatsoever! She level insults and she gets the TNA k in equal measure!
Ok @ngara the brother to Jesus! You win and now you and @agirltoto can get married! That is my opinion so don’t come swinging at me. Do you have small balls? That is what your bride @toto likes!
These people want international investors to come and be stranded in JKIA because of lack of electricity.