BAYE Africa

Promote growth of Agri-SMEs though facilitation of access to financial inclusion services, Business Acceleration services, capacity building/training & linkages

[Financial Times @FT]

Opinion: William Ruto is not the first leader whose polished international image fails to reflect his sinking domestic reputation. But he is a stark example of the difficulty of reconciling global obligations with domestic political realities https://t.co/f0q5AypyGi

[Eric @amerix]

https://t.co/gyC0FzAm6L

[Eric @amerix]

https://t.co/aiq1X3wwaB

[Julians Amboko @AmbokoJH]

Folks,

Kenya's 2023/24 revenue outturn numbers are out.

Here's a quick summary

· Collection stood at Kes 2.407 trillion, posting an 11.11% growth y/y & 95.0% performance rate
· Exchequer collection closed 2023/24 at Kes 2.223 trillion, up 9.5% y/y & registering a 95.8% performance rate
· The Authority reported 34.93% growth in agency collections to Kes 184.03 billion in the period under review
· Domestic VAT collections have crossed the Kes 300.0 billion mark closing 2023/24 at Kes 314.16 billion & registered 102.06% performance rate. This outperformance has been attributed to the eTIMS rollout
· Customs collection stood at Kes 791.368 billion, up 4.9% & performance rate at 94.6%
· PAYE collections have crossed the Kes 500.0 billion mar closing 2023/24 at Kes 543.186 billion & 9.7% up y/y
· Corporate Income Tax mobilised Kes 278.156 billion, up 4.9% y/y & the performance rate at 93.4%
· Capital Gains Tax was quite the out-performer in 2023/24 mobilising Kes 8.381 billion & registering 108.7% performance
· Domestic Excise collections stood at Kes 73.624 billion, up 8.1% y/y & the performance at 99.6%
· Tax Amnesty Programme which closed on June 30th mobilised Kes 43.9 billion from 2,617,111 tax payers. That's an 86.07% performance
· Debt collection initiatives yielded Kes 103.39 billion
· Alternative Dispute Resolution mobilised Kes 21.9 billion from 1,184 concluded cases

[KTN News @KTNNewsKE]

President William Ruto: My deepest sympathies and condolences to the families and friends who lost loved ones in the protests. Equally, to the many others who were injured and are recuperating, we wish them a quick recovery. The government of Kenya will support all those who lost their lives and those who have been injured.

#DevelopingStory

[Dr. Ekuru Aukot @EAukot]

Omwami @MusaliaMudavadi has spoken for 55 million Kenyans.

[#FSPNAFRICA @fspnAfrica]

When expanding agribusiness portfolio acquiring new reliable skills is necessary arch up access to more markets and contemporize operations.

As for @winfred_wambugu, the founder of Wamwin Enterprise, behind the Winbytes Organics who produce and beans value chain, the ongoing HD4A Living Lab Bootcamp training is improving her skills as well as an eye opener on compliance in business.

Currently she has bagged key concepts in Business planning and strategy, Legal and business compliance, Risk and Mitigation and financial management that is already implementing to understand more on the business landscape.

According to Winfred the unique dark beans are rich in micronutrients, they are easy to cook, safe to eat and have far-reaching nutritional benefits of boosting milk for lactating mothers to nourish their babies.

Their motivation comes from the positive feedback from their clients that keeps them accustomed to producing and processing dark beans in order to reach to more mothers and babies.

The environmental benefits by the bean crop such as reducing greenhouse gas emissions, improving water quality and soil health are also key considerations they have hands-on in contributing positively to minimizing climate change impacts.

Having ranked as 1st Runners Up in the @SHEAwardsGlobal 2023, a recognition of Women in Agribusiness sector, Wamwin Enterprise Creating a sustainable bean production by that will create jobs for youth and women through scale up to increase production to reach their target consumers.

Furthermore, they intent to install beans sorting machine that will increase the #sorting speed and clean beans to meet quality standard and gain more consumer base. However, to make this goal come to reality, they are open to investment opportunities and by keeping your support high they can achieve this great goal and contribute to healthier future.

📷 credit: Winfred Wambugu

#PartnersAgainstHunger #Healthyiets4Africa #YourFarmersGuardian #DigitalAgricultureAfrica

[#FSPNAFRICA @fspnAfrica]

Access to Government Procurement Opportunities (AGPO) that 30% of the procurement opportunities goes to women, youth and people living with disability. Equally, 30% of resources goes to women and youth in business but they are still underutilized. 👉 https://t.co/5L4rAJxkD1

Being cognizant about #empowering the next generation is vital! 🌍 @fspnAfrica, in collaboration with @AccelerationFor (BAYE), is shaping the future through the HealthyDiets4Africa (HD4A) Living Lab program, funded by the European Union. 🚀 We're committed to arming youth with essential skills and insights into the business landscape, enabling them to seize such government-backed opportunities and scale their innovations. 👉 https://t.co/Yp1MXW0Jou

#FSPNAfrica #PartnersAgainstHunger #HealthyDiets4Africa #TheShambaCalendar #YourFarmersGuardian #DigitalAgricultureAfrica@

[cheruiyotkb @cheruiyotkb]

25-35 year-olds are drowning in debt. 3 ways to deal with debt:

•Snowball - pay off the smallest loans first, on to the largest.
•Avalanche - pay off the ones with the highest interests first.
•Consolidation - Add all small & big loans, take one big loan and pay them off altogether.

Linda Oyaya - Business Development Manager, @CICGroupPLC

#EconomicEmpowerment2023

[LakeHub 🇰🇪 @LakeHub]

Last week our channel partners @RafikiwaMaendel @AccelerationFor @AccelerationFor @capyeikenya kicked off the 5 days virtual training for the 2nd cohort of Faulu na AgriBiz incubation entrepreneurs program partnership with @giz_gmbh strategy. #FauluNaAgribiz #WomeninAgribiz

[#FSPNAFRICA @fspnAfrica]

📢Exciting news!

Food Security for Peace and Nutrition Africa (FSPN Africa) is delighted to extend an invitation to stakeholders working in the Food System and are passionate about empowering youth in Agri-value chains to join and be part of the #MegaLaunch of #HealthDiets4Africa Living Lab, under the Healthy Diets 4 Africa Project Funded by the European Union

👉When: 19th October

👉Where: KALRO Kabete (NARL)

👉Time: 9:00 am to 5:00 pm

The main goal for this multi-stakeholder supported living lab is to support adoption of the best approaches to scale innovative youth led Agri-SMEs for sustainable food and nutrition security.

Theme: Scaling Food Systems Innovations by Young People for Safe and Healthy Diets for All.

Registration for stakeholders is open now: https://t.co/y2NBwEldtD

@KCerfam, @KenyattaUni, @BiovIntCIAT_eng, @kalromkulima , @Seedsavers_KE , @AccelerationFor (BAYE Africa)

#FSPNAfrica #PartnersAgainstHunger #HealthyDiets4Africa #TheShambaCalendar #YourFarmersGuardian #DigitalAgricultureAfrica

[UK in Kenya 🇬🇧🇰🇪 @UKinKenya]

Technology is changing how we work & transforming businesses.

Today, we celebrate @SharonJebitok from the 🇬🇧-funded @sasa_kazi digital apprenticeship programme which links tech-professionals with businesses to help digitize operations and develop digital solutions. #YouthLead

[Bovince Ochieng @ochiengbovince]

Accompanied Israel Ambassador to Kenya @LotemMichael to @KmfriResearch's innovation focused on zero fish waste, using fish & fish waste to produce omega3 fish oil, fish scale flowers, omena biscuits, chicken & fish feeds.

Also visited Dunga Beach - Omena Value Chain Project.

[Association of Startup & SMEs Enablers of Kenya @ASSEKnews]

The #InnovateNairobi2023 day two is on.

Today ASSEK will engage in a pannel discussion led by ASSEK CEO @kichma focusing on: Policies to Bridge the Gender and Socioeconomic Technology Divide.

[BAYE Africa @AccelerationFor]

Rekindling the ambers, we have to lit 🔥 the space… @Kiep_250plus

[KIEP 250+ @Kiep250plus]

KIEP 250+ seeks to provide performance-based grant funding to at least 250 fast growing #SMEs across #Kenya to strengthen and grow their businesses. For more information about KIEP 250+, visit https://t.co/bKioI96VnA

[BAYE Africa @AccelerationFor]

steered by her department to align implementation and promote data sharing for informed #decision making and #planning.
#smebusinessenvironment
#kilimonibiz

[BAYE Africa @AccelerationFor]

We visited the office of @Ms. Farida Salim
CEC Member for Trade, Tourism, Industry and Marketing.
#leadership

[BAYE Africa @AccelerationFor]

The way forward on addressing these challenges, we proposed to have a secretariat formed by #actors and #enablers in the Agri-food ecosystem.