Riches
are derived for the population. That is, wealth is derived from the number of
people living within a given place. Exploiting the business opportunities that
are present within a given population generates wealth.
Now,
let us look at where to invest in Kenya in 2016. These are the investment opportunities
in kenya in the year 2016.
1. Education Sector
There
are several opportunities in the education sector. The opportunities lie on the
numbers involved in the sector. In 2015 alone, 937,467
candidates sat for KCPE (Almost 1 million). Another group of over 500,000 sat for KCSE. What
opportunities do you see in those numbers?
Well, in the education sector, the
opportunities are those in starting private academies, kindergartens and
provision of supplies to schools.
2. Health Sector
There are immense opportunities.
Dialysis, chemotherapy, maternity services and dental services are just some of
the opportunities in the sector. What more? Go ahead and open a health
facility. Please target a densely populated ares. Remember that riches are in
the numbers.
3. Cosmetics
This is one broad area. Women, ladies
and girls spend a fortune to look good. Under cosmetics, investment
opportunities exist in sale of jewelry, braids and weaves. Sale of lotions and
gels is not that robust for small businesses that are starting off.
4. Agriculture
There is a saying that agriculture
cannot propel Kenya into a first world country. This is actually true from the
perspective of a farmer because the profit margins are too small. However,
there are opportunities in becoming a middle man in the sale of the
agricultural produce.
5. Mini Supermarkets
The big supermarkets are concentrating
in the town centres leaving behind the suburbs and satellite towns. The result
of this is that some entrepreneurs have identified an opportunity in setting up
mini-supermarkets in suburbs and satellite towns. This is another opportunity for you.
6. Mini Hardware
It costs in excess of Kshs. 1.8
million for a mansion house to be constructed in Kenya. In spite of this cost,
the construction of houses is on the rise. As a result, small hardwares are
being set up by small entrepreneurs in order to sell construction products such
as cement, nails, iron sheets, metal rods and paint.
7. House hold items
They are popularly known as mali mali. The opportunity is there.
However, the competition is stiff in town centres. Therefore, it is important
to set up one such business away from major town centres. The mali mali business does well in trading
centres that serve sleepy villages and estates. The stock in the mali mali business consists of items
such as basins, sufurias, cups and
other utensils, cushions, mattresses etc.
8. Shares and Stocks
This requires a person who constantly monitors
the stock market prices as well as the returns of the listed companies. The
good news is that we constantly monitor this trends.