|
Welcome to the PSDS Website |
|
Thanks for visiting the Private Sector Developent Strategy (PSDS) website.
The Government of Kenya launched the Private Sector Development Strategy (PSDS) 2006-2010 in January 2007. The strategy is described in the PSDS Strategy Document published by the Ministry of Trade and Industry (MoTI). The overall goal of the PSDS is to enhance private sector growth and competitiveness that will contribute to the country’s medium term objectives as outlined in the Economic Recovery Strategy for Wealth and Employment Creation (ERS).
The purpose of the PSDS is to catalyse the provision of an enabling environment which will enhance private sector growth and competitiveness. |
|
|
 Goal 1: Improving Kenya’s business environment
Goal 2: Accelerating institutional transformation
Goal 3: Economic growth through trade expansion
Goal 4: Improving productivity and competitiveness
Goal 5: Supporting entrepreneurship and MSE development
PSDS coordinator, Mr Raphael Mwai, with the PS Ministry of Trade, Dr(Eng.) Cyrus Njiru at a recent PSDS management meeting
|
 PSDS Mini Review Recommends Important Changes
|
|
A Mini-review of the PSDS has recommended important changes to be introduced to the management structure and overall implementation of the PSDS. The various PSDS donor partners, the Ministry of Trade and the PSDS Secretariat agreed to the review, following realization that a number of internal and external challenges had beset the successful implementation of the programme. The review was undertaken between January and February 2009.
 |
|
Minister Kimunya Joins PSDS Management Board in Historic Retreat |
|
"The story of Naivasha’s Great Lakes Lodge" said Amos K imunya, Minister for Trade, “is the story of what the will of Private Sector can do.” Referring to the expansive investment that the Great Rift Valley Lodge has become, Kimunya told the Board that only five years ago (2003) the cost of land in the virtual-desert area of Naivasha was a measly Kshs. 2500. “Today, to even contemplate a discussion for owning property around the Lodge, you must think minimum Kshs 20m!” observed the minister.
|
|
10th EDF Formulation for PSDS 2010-2015 Kicks off |
|
Meanwhile, the 10th EDF formulation for the PSDS also kicked off on 12th January, 2009. The objective of the new formulation exercise is to preapre for the new PSDS programme cycle that is expected to kikc off in march 2010. The lead consultants have also taken into account lessons from the Mini Review excercise and the new realities, especially as informed by the current national policy blue-print, the Kenya Vision 2030.
| |
|
|
The objective of the PSDS is to enhance private-sector growth and competitiveness that will then contribute to the country's medium term objectives as outlined in the Economic Recovery Strategy for Wealth and Employment creation 2003-2007 (the ERS).