No Wellness Without Money

AzimaWellness Talks 05/2018

 No Wellness Without Money; Why wellness in Kenya  is elusive


We are now in week 5 of 2018. We have 47 weeks remaining and the year that was new will be gone. In the past 4 weeks, we have focused on physical health wellness because it is the anchor of all other pillars of wellness. We must secure the body first for other pillars to kick in. If we lose our health, everything else become useless. We will continue unpacking more tidbits on how to secure and safeguard our health as we discuss other pillars of wellness to seize the whole person.

The truth is  good intentions to live a healthy life will be a mirage if we do not have money to make actualize the intents. Money is an enabler. We do mental wellness on Tuesday after physical health wellness because the same money is used to buy the good and the offending stuff.  We secure the body first so that we safeguard the brain which is responsible for our choices. The mind is inside the body. If the body is not secured, the mind cannot function well either.  We will continue discussing more how to secure our mind, body and soul but for this month we focus on the constant, Money, because it is a  key component of wellness.

Where we are as country is a paradox. In this day of big data, the world has become a global village. The world economies are interconnected and overlap. Kenya and especially Nairobi has become part of the global economy in so many ways. We have many of the worlds’ top brands in Nairobi. The latest gadgets like iPhone X and Samsung S9 launch in Nairobi within a few days of release in  their home markets and world capitals.

Most of the big hotels like Hilton, Inter Continental, Regency, Best Western  and many more are represented here.  Many more are angling for their space in Nairobi. We are home to UN bodies like UNEP. We are the gateway to the greater  Eastern part of Africa. Most world brands planning to enter the growing  Africa Market easily pick Nairobi as their entry point. We are centrally located to access a huge catchment with a population larger than the population of America, the world’s biggest economy. We are almost 400 million people in this catchment.

Country

Population (2017)

Ethiopia

104,957,438

Tanzania

57,310,019

Kenya

49,699,862

Uganda

42,862,958

Mozambique

29,668,834

Malawi

18,622,104

Zambia

17,094,130

Zimbabwe

16,529,904

Somalia

14,742,523

South Sudan

12,575,714

Rwanda

12,208,407

Burundi

10,864,245

Eritrea

5,068,831

Djibouti

956,985

TOTAL

393,161,954

This is a huge market with great potential. We have a fairly good road network  to most of these places from Nairobi. Our air transport is well developed. We can access the entire Africa market by air within 4 hours. You can get to Cairo Egypt, Lagos Nigeria or Johannesburg South Africa in the morning, transact business and be back in Nairobi the same day for an event in the evening. Egypt is the gateway to the Northern part of Africa and Nigeria to West African market. If you land your goods in any of these 3 cities, you have an easy access to the entire Africa market. There exist  trade treaties that have created trading blocks to facilitate movement of goods and services with neighboring states . We have EAC that brings together 5 countries with a population 172,945,491 people. The SADAC that brings together 15 countries and ECOWAS that brings together 15 countries.

During the just concluded World Economic Forum meeting in Davos last week, it was interesting to note that the world economy is bullish at this time. It has never been better since the economic meltdown of 2008. And all predictions are very positive. Davos closed on a very high note as  captured in the  article below.

https://www.standardmedia.co.ke/business/article/2001267495/leaders-upbeat-about-global-economy-as-curtain-falls-on-davos

What begs deep introspection is why our economy is moving in the opposite direction when the world we operate in is on upward trajectory. What are we not doing right? What do we need to fix to benefit with others?

This is what we will attempt to answer this month. We cannot afford to be relegated to spectators in an economy that is bullish and confidence by the players at an all time high. Last year the economies of America, Europe and Asia  all reported trade surplus. They exceeded their targets.

Example;  there is a problem of space in China and Australia ports. They are suffering congestion in their ports for ships to offload. Ships are taking as long as one month to dock for offloading or loading. China is on an expansion plan to own and control more ports to match the needs of their economy. They are using both orthodox and unorthodox means to acquire others’ ports (they acquired Hambantota in port Sri Lanka in exchange of a debt). Could our port of Mombasa be next? If we continue borrowing from them at the rate we are, our economy will be unable to service the debt and they will take over our valued assets like our port which guaranteed the SGR loan.

Why are we unable to keep pace and move with this trend?

https://www.thenational.ae/world/asia/sri-lanka-hands-over-port-to-china-to-pay-off-debt-1.684606

To be continued…

With profound regards,
Maina Azimio
Founder and CEO
Azima Wellness Consultants LTD
Conference Speaker & Corporate Trainer in Total Wellness.

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