Corporate News
Tourists at the Maasai Mara Game Reserve, Kenya. Tourism Finance
Corporation has received global recognition for its role in financing
the development of the tourism sector in the country. PHOTO | FILE |
NATION MEDIA GROUP
By Sandra Chao-Blasto, schao@ke.nationmedia.com
The Tourism Finance Corporation (TFC) formerly Kenya
Tourist Development Corporation has received global recognition for its
role in financing the development of the tourism sector in the country.
TFC received the International Quality Crown Award from
United Kingdom-based firm BID Group One last week for being the leading
developmental financial institution in the country that is offering
affordable facilities in the tourism sector.
BID Group One aims at promoting quality culture by
recognising companies and organisation worldwide that promote excellence
and innovation through implementing quality, with most of the companies
that have received their awards being in the Fortune 500.
Speaking to the Business Daily, TFC’s
chief executive Maryanne Ndegwa-Jordan said that the award was
appreciation of the effort and hard work put into reviving the
corporation especially with investors the agency had worked with and
helped finance.
“When we first got the call we thought it was a
hoax and had to do a bit of research, though they told us the nomination
process was confidential, but we were nominated and had won,” she
explained.
Ms Jordan noted that the award coming at a time
when the tourism sector was grappling from the effects of insecurity was
a good show of confidence for the sector’s recovery.
“This is a developing economy we have a long way to
go to achieve our potential and the war on terror is global, if we shy
away from investing the terrorists continue winning,” she said
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