THE 4th DEBT MANAGEMENT SEMINAR

THE INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS OF KENYA

(Established under the Accountant Act, Laws of Kenya)

 THE 4^th DEBT MANAGEMENT SEMINAR

Theme: Sustainability in Debt Management

 Venue: Travellers Beach Hotel, Mombasa

Date: 3^rd – 5^th July 2019

PREVIEW

Kenya has increased its stock of public debt over time and the public debt repayments now account for a significant part of the revenue collected. There has been debate about the sustainability of the loans. The Kenyan constitution requires public participation before public resources are spent yet there is not meaningful public engagement for public borrowing. The lending market has become more liberal resulting to mushrooming of many mobile lending applications which have relaxed lending requirements meaning more people who would not otherwise qualify for conventional loans can access such loans.

Further, the regulation of interest rates has led to reduced lending to the private sector as lenders prefer to lend to the government due to their lower risk greatly affecting private sector growth and expansion. In order to manage risks related to lending, regulators have adopted risk-based supervision among other guidelines to improve management of lending institutions. Kenyan lenders have also been engaging in consolidations within the industry with a view to enhance their market share. The effects of such consolidations is yet to be known.

Based on the above ICPAK has organized the 4^th Debt Management Seminar with the following thematic areas:

• National Debt and Devolution
• The Role of Legislature in Public Debt Management
• Debt-trap Diplomacy and Africa’s Economic Growth
• Debt and Financial Distress: A Look at the Kenyan Retail Industry
• Credit Information Sharing and the Cost of Borrowing: A Review of the Opportunities and Challenges
• Re-looking the Place of Public Participation in Public Debt Contracts
• Debt Instruments and Vehicles for County Governments
• Soft Topic

WHO SHOULD ATTEND?

National and County Government Officials, Staff from International Organizations, Academia, the Private Sector, Civil Society, Credit Controllers, Debt Collectors, Auditors, Accountants, Professionals involved in Debt and Credit Management, among others.

SEMINAR CHARGES

 CONTINUOUS PROFESSIONAL DEVELOPMENT UNITS

Members of ICPAK and those from other reciprocating professional bodies will earn 20 CPD units upon successfully attending all seminar sessions.

NATIONAL INDUSTRIAL TRAINING AUTHORITY (NITA) REIMBURSEMENT

The Institute is registered as a trainer with National Industrial Training Authority. The Institute’s registration number is DIT/TRN/47. Participants who are registered levy contributors should apply to NITA for reimbursement of their fees. Please note that this is applicable for Kenyan citizens only and subject to NITA regulations. Remember that to qualify you should apply to NITA for approval prior to the date of the conference. Further details can be obtained from their website (www.nita.go.ke).

 PARTNERSHIP OPPORTUNITIES

The conference presents a perfect opportunity for organizations to showcase their products & services to a target group with high purchasing powers, both on personal and corporate levels. You will also have a unique opportunity for brand positioning and communication that will enjoy optimal visibility. Armed with significant purchasing power and decision-making authority, the audience are a key target group for businesses. Sponsorship opportunities range from cocktail, gala, media sponsorships, exhibitions and advertising. For more information or enquiries please email maureen.chelangat@icpak.com

Further requests can be channeled to us via telephone calls on +254 719 074000 or via email to elsie.nyambura@icpak.com with a copy to memberservices@icpak.com

We encourage members to regularly visit our website www.icpak.com for updates.