Kibaki Coin, 4 Other Kenyan Items Earning Huge Profits Abroad


As Kenya’s tourism continues to hit new heights from the pandemic downturn, so does the value of unique Kenyan products on the global market.

From a defunct coin to exquisite cuisine readily available locally, tourists both locally and abroad have warmed up to special items only produced in Kenya.

Here are five items that fetch handsome profits when sold abroad:

1. Kibaki Coin

Former President Mwai Kibaki’s engraved Ksh40 coin selling on Ebay.

Photo

Ebay

When the late former President Mwai Kibaki ascended to the top seat, he introduced a Ksh40 coin imprinted with a face in his own likeness.

The coin was in circulation for more than a decade but was faced out when the country phased out old notes and replaced former presidents’ faces with animals.

Now, individuals who stocked on the coin have been trying to fetch a higher value with the most recent listing on eBay valuing the product at Ksh3,000.

The listing of Kenyan Shilling coins is being done by unknown individuals who entirely conduct their businesses on e-commerce platforms such as eBay.

“Randomly picked coins. Years and conditions may vary from good to excellent. The coin will be different from the picture,” one of the product’s descriptions read in part.

2. Designer Kiondo

A Christian Louboutin branded Kiondo in UK.

Twitter

In every Kenyan woman’s closet lies a Kiondo beloved for its stylish design created with organic materials accessible to vast communities.

In the Kenyan streets, the product retails for slightly under Ksh2,000 and can lower to less than Ksh1,000 depending on marketing of purchase and bargain power.

Internationally, however, the product is fancily christened Christian Louboutin Casual Style Calfskin Plain Leather Tote and is valued at 450 UK Pounds (Ksh 67,500).

In the UK and across the globe, several designer brands have taken the kiondo idea and added their own leather or flowery designs and sold the product for six figures. Balenciaga, an Italian high fashion line, has listed the product for US$2,000 (Ksh200,000).

3. Mutura and Mukimo

A collage of Anthony Bishop (left) and a plate of mukimo

Instagram

Locally, Mukimo, which is valued at Ksh100 locally, and Mutura, which retails for as low as Ksh20, are staples on Kenyans dining tables.

Anthony Bishop, however, struck gold in Qatar where he sold a plate of Mukimo for approximately Ksh1,000 a plate.

Bishop is a Kenyan running a successful food business in Qatar named Jikoni Restaurant that serves Kenyan and East African delicacies.

John Kamau Karanja, on the other hand, has found success in Seattle, USA, where he sells Mutura among other Kenyan cuisines through Lims Nyama Choma.

“Mostly hustlers like me fit here very well as opposed to the wealthy because this is where I got my first Ksh1 million here so I can say it’s a great opportunity for those who are determined,” he narrated his journey.

4. Ksh100,000 Jewelry

Fashion designer Adele Dejak (left) and one of her designs.

Adele Dejak

Designer Adele Dejak has cut her market globally by making exquisite jewelry pieces from recycled materials including fridges, doorknobs and car engines.

Based in Nanyuki, Adele Dejak, the self-titled company specialises in producing jewelry made of brass as well as fashion bags encapsulating hides and horns from cows.

Her jewelry line retails for between Ksh4,700 and Ksh60,000, while her fashionable bags are valued at between Ksh8,000 and Ksh107,000.

5. Branded Bracelets

Designs of Kenyan bracelets.

Photo

Kenyans.co.ke

Taking a trip down a street in Kenya, one is highly likely to be bombarded with Kenyan flag-branded bracelets selling as low as Ksh50. 

The product is made through an artistic combination of bids to form patterns that can be personalised down to an individual’s name.

In New York, however, the ingenuous and visually appealing product has been put up for a mark price of Ksh6,039. (USD40).





Source link