Tuesday, March 31, 2009

Linus Gitahi Supports Small and Medium Size Business

Linus Gitahi, chief executive officer of Nation Media Group announced that NMG has joined forces with audit firm KPMG to announce the Kenya Top 100 Club in an effort to connect the nation's fastest growing small and medium size businesses.

The club is the result of a survey conducted by the research firm, Steadman Group, within the past year resulting in having over 100 mid-size companies in Kenya nominated. The platform is based on a similar project known as the Most Respected Award which is mostly based on big businesses instead.

When reflecting on the inspiration for this effort, Linus Gitahi said, "At some point, we reflected and came to the conclusion that small and medium sized businesses are the real engines of the economy. We then looked for a way to bring them together."

Linus Gitahi is right. Studies reveal that small and medium size businesses over 75 percent of Kenya's wealth, and 80 percent of the country's employment.