PwC Office Launch Signifies Confidence in Kenya’s Growth

PricewaterhouseCooopers Ltd (PwC) today announces the official opening of its offices at PwC Tower, Westlands, by His Excellency the President Uhuru Kenyatta.

The official opening is commemorated with a speech by His Excellency, preceded by a tour of PwC’s offices, the unveiling of a plaque on the outside of the tower and a ceremonial ribbon-cutting.

The Governor of Nairobi City County, Dr Evans Kidero, and the Honourable Henry Rotich, Cabinet Secretary of The National Treasury, are also speaking to assembled guests who include other Cabinet Secretaries, Principal Secretaries, Governors, CEOs and Managing Directors from the business community and top diplomatic representatives.

The event highlights PwC’s investment in the office as part of the firm’s growth strategy focusing on distinctive client services and top talent. PwC provides assurance, tax and advisory services to private and public sector organisations in Kenya and 30 other countries in Africa.

‘This office and our investment in it symbolises our commitment to Nairobi, Kenya and the region—and, primarily, our commitment to delivering distinctive client services. It signifies our confidence in Kenya’s economy and in Nairobi as a gateway to the rest of East Africa,’ comments Anne Eriksson, Country Senior Partner for PwC Kenya and Regional Senior Partner for PwC in the East Region, which includes PwC firms located in Kenya, Uganda, Tanzania, Rwanda, Zambia and Mauritius.

The office has a number of world-class features that enable improved connectivity, deeper collaboration and distinctive service delivery. ‘Inside, our staff and client floors’ design contributes to our ability to deliver value and quality service. Features include an open plan design, more meeting room space, spaces to promote spontaneous interaction and Wi-Fi,’ says Ms. Eriksson. ‘Like us, East Africa’s business leaders are very confident of growth going forward. Our annual Africa CEO Survey shows that an average of 89% of CEOs in Kenya, Rwanda, Tanzania and Uganda are confident of revenue growth this year and 94% are confident over the next three years. We have every reason to suspect that our growth strategy is in line with trends we’re seeing in the region and across the continent,’ says Ms Eriksson.

The event also highlights PwC’s commitment to developing and attracting top talent in Kenya, including its staff who number over 500. Every year, PwC recruits 40-50 graduates in addition to experienced hires.

'In the process of choosing this building, we projected forward our growth requirements both in terms of staff numbers and their space and technology needs. This building meets and exceeds those projections,' comments Simeon Cheruiyot, a partner with PwC Kenya who oversees the firm’s human capital strategy. 'CEOs in our survey say that employees significantly influence their growth strategies – like a strategy of investing in a world-class building. In our survey, 85% of CEOs in East Africa say that employees' views significantly influence strategic direction and decision making,’ continues Mr Cheruiyot.

Suresh Kana, the Territory Senior Partner for PwC Africa, is also attending the launch event. He highlights that PwC's investment in new offices in Nairobi is part of the network’s overall growth strategy for Africa. He puts PwC's Africa growth strategy in the context of PwC's clients in business and government who also view their growth in a regional context. ‘We know from our Africa CEO Survey of 301 business and government leaders in 22 countries that 85% of respondents expect their operations in Africa to grow this year. This trend is particularly pronounced in East Africa, where 92% anticipate growth opportunities in Africa.'

‘In the context of these megatrends, PwC Kenya’s offices are a very smart investment. The firm is investing in talent, growth opportunities, capabilities, technologies and service lines. I’m very proud to share this moment with PwC Kenya and our network in Africa’s East Region, as we take a step forward together on our PwC Africa growth journey,’ concludes Mr Kana.