Weathering the pandemic and growing the manufacturing sector by MARTIN MWITA
•The association calls for reduced cost of doing business, as high taxation remains a burden.
•The country’s manufacturing sector has played a major role in the fight against the pandemic, with the local production of PPEs.
As the second quarter of 2021 unfolds, what is the state of the manufacturing sector?
At the beginning of the year, we were optimistic that we would see economic recovery after being hard hit by the Covid-19 pandemic last year. Currently, our economy is in a frail state–the spiraling debt, high cost of doing business, corruption, an inefficient transport and logistics system, policy unpredictability and instability as well as rolling back of measures put in place to cushion the economy from the effects of the pandemic, which continue to hinder our competitiveness and productivity.
KRA targets Sh81bn on removal of tax reliefs for wealthy businessdailyafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businessdailyafrica.com Daily Mail and Mail on Sunday newspapers.
Kenyan producers oppose proposed raise in clinker import tariffs Written by Global Cement staff
07 April 2021
Kenya: Bamburi Cement, Savannah Cement, Ndovu Cement and Rai Cement have written to the National Treasury opposing a proposal by the Kenya Association of Manufacturers (KAM) to raise tariffs on clinker imports to 25% from 10% at present or to implement at outright ban on imports. The cement producers say that increasing the tariffs would lead to unfair competition and destroy investments, according to the Kenyan Star newspaper. However, the KAA argues that the move will promote the manufacturing sector and create jobs.
Seddiq Hassani, the managing director of Bamburi Cement, said in a letter from the cement producers to the government, that they opposed the review at the current time but that they conceded that it was the right direction for the industry in the longer term to safeguard local manufacturing. He added th
Four Kenyan producers opposed to review on clinker imports cemnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cemnet.com Daily Mail and Mail on Sunday newspapers.
The year is 2016, outside a busy supermarket in one of Nairobi’s estates. Shoppers flow in and out carrying their groceries and other shopping items with plastic carrier bags. These are the order of the day, but their pollution to the environment is devastating. A year later in 2017, the Kenyan government would enact the … [Read more…]