Scenarios for Kenya in 2040 | Business Redefined

What are the prospects for Kenya's economy in the medium-term? The Institute of Economic Affairs, IEA Kenya, posits that there are four possible scenarios that could materialize. The first is the 'Madaraka Realized' scenario where state capacity improves and there is greater economic freedom with a private sector led economic growth model; the second is the 'Jua Kali Kingdom' where there are favorable policy reforms but the state is ineffective and institutions are weak preventing the implementation of the favorable reforms; the third is 'Managed Stagnation' where state capacity improves but policy direction is not supportive of a well developed private sector leading to failure in Industrialization of the economy & finally the 'Eastern Sunset' scenario where the state is ineffective and policy environment is not conducive to development of a vibrant private sector. For more on this, we speak to the IEA Kenya CEO, Kwame Owino.
« | »
Episodes
Modernising payment processes with VISA's Michael Berner | Business Redefined Modernising payment processes with VISA's Michael Berner | Business Redefined April 14, 2026
Business Redefined: Nurturing financial literacy with SBM Bank CEO Bhartesh Shah Business Redefined: Nurturing financial literacy with SBM Bank CEO Bhartesh Shah April 1, 2026
Dissecting I&M Group FY2025 Earnings with CEO Kihara Maina | Business Redefined Dissecting I&M Group FY2025 Earnings with CEO Kihara Maina | Business Redefined March 31, 2026
Business Redefined | NCBA performance and 2026 outlook Business Redefined | NCBA performance and 2026 outlook March 27, 2026
Business Redefined | Linking SMES to the marketplace Business Redefined | Linking SMES to the marketplace March 25, 2026
Business Redefined | Artificial Intelligence shift in mobile telephony Business Redefined | Artificial Intelligence shift in mobile telephony March 24, 2026
Absa Consumer Banking Landscape: Moses Muthiu | Business Redefined Absa Consumer Banking Landscape: Moses Muthiu | Business Redefined March 17, 2026
Stanbic Holdings' 2025 Earnings | Business Redefined Stanbic Holdings' 2025 earnings | Business Redefined March 11, 2026
Kenya's Sh290 Billion Eurobond issuance | Business Redefined Kenya's Sh290 Billion Eurobond issuance | Business Redefined March 3, 2026