It's 390,000 jobs to be lost in a span of four years. I dont see how that will affect us because now our main patners is china.

govt spending and deficit spending is not the way to grow an economy. it doesn't spur innovation and entrepreneurship it just spurs deals and maintains the status quo. Businesses that depend on govt expenditure are just welfare stations and should just shut down.
On the potential impact on our economy and the nse and housing sector...nil. They did the same under Margaret Thatcher was there any major impact? Tourism will grow given that climate change will make the UK winters cold. The housing sector will get impact from diaspora remittances mainly US. Forget the UK look at China

If the DFID is among the departments being hit with the cuts, the Kenyan economy will be affected, however slightly. I don't see any impact on the NSE specifically though

@Mkonomtupu, remember that our largest agricultural market is Europe the largest chunk taken up by the UK and Germany. As for China they've flourished on cheap labour and exports, this being one of the reasons making them weaken the Yuan so as to ensure that their exports are cheap on the international maket. My point being they export more and most of their citizens work to survive a case in point being the shooting incident in Zambia.

@erifloss, the edible horticultural produce will still be exported in the same volume given that kenya has the lowest production costs. Its luxury items like flowers that will get hurt. Given all the chemicals they dump in naivasha and the treatment given to flower farm workers especially women it's a good thing to downsize. Let's do something better.
Anyway my point was on real estate, whatever the case against China they are now the real estate deal breakers. The Low cost housing technology and efficiency of the contractors (case in point Greatwall apartments) China points to the future UK the past. Think of new markets

I personally do not see any/much impact the cuts will have on the NSE or Africa at large. The British Overseas aid budget was ring fenced, but i think the Bretton Woods bodies will have to be more accountable for the UK to continue donating to the levels it has been doing.

I think the way forward is to encourage small businesses to flourish to reduce the burden of employment in the private sector.Synergies are required and it's time people looked to the so called "unconventional" markets ie: The Iranians are planning a huge housing complex in Mavoko with some businessmen in Kenya and it's such arrangements the the country will probably establish itself firmly in the region.

@Mkonomtupu, true about China on real estate but my question is how long do you think a communist country with a capitalistic tendency will be able to sustain a high growth economic pattern with dwindling resources and a citizenry that is getting to know what their rights in terms of labour are?
@Vvs, actually we should be looking at the emerging markets as our targets. That's where the money is, with the rapid economic gowth, their is a fast growing middle class to be satisfied.

@erifloss, the dwindling resources is the primary reason why i think china is invading africa, building highways to Sudan, improving the northern corridor by building the eastern bypass. China needs a foothold into africa and i guess kenya presents a perfect spot. China is so excited about a 14th Century voyage to Malindi by one of its admirals and the giraffe diplomacy that followed, IMHO that's the path of imperialism. The chinese govt is also backing its investors to the hilt, with insurance and govt guarantees on investment. This is the kind of imperialism that UK did a century ago before it became bankrupt. So just enjoy the show and tap into the emerging opportunities. Am already in Isiolo trying scouting for opportunities in what will be a resort town in vision 2030. The road the chinese are building is superb all the way to marsabit and beyond.
We should really target growing business with african countries there is just so much to import and export. Ethiopia is largely untapped the govt should be sponsoring business clubs to visit these countries

Cutting 3-500k jobs will almost certainly have an impact on the UK economy. UK is actually an importer of Kenyan goods so there will be some impact.

Our economy needs to start looking at two sources of wealth creation. (1)Value addition of our exports. I still don't get how we import raw coffee and tea. (2)Aggressively expanding in the central, east and horn of Africa