Parmain ole Narikae, the managing director of Kenya Industrial Estates (KIE), has led the State entity as it ended a streak of losses to assert its role in growing small businesses.
KIE in the financial year ended June 2020 posted a Sh3.9 million profit—the first in the history of the entity since its inception in 1967 — and has built on this to post profit growth for three years running, including Sh52.3 million in 2022.
