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High cost of inputs hurting crucial steel sector

High cost of inputs hurting crucial steel sector
OPINION
The direct and indirect consumption of steel is projected to increase. [Courtesy]
Demand for steel is increasing as government-driven infrastructural development, commercial and residential buildings surge. Steel is a core piece of the modern economy. It is used as a paradigm to gauge the overall economic status of a country, as well as an indicator of the investments dedicated to infrastructure and subsequently, a measure of progress and stability.
Kenya’s steel sector is strongly linked to growth of complementary sectors such as housing and construction, energy and electronics and chemical and allied. Presently, Kenya’s metal sector (iron and steel) forms approximately 13 per cent of the manufacturing sector, with an overwhelming majority of the sector’s products used in construction industry. ....

Kenya Association Of Manufacturers Metal , Railway Development Levy , Import Declaration Fee , Kenya Association , Manufacturers Metal , Allied Sector , ரயில்வே வளர்ச்சி வசூல் செய்தல் , இறக்குமதி அறிவிப்பு கட்டணம் , கேந்ய சங்கம் , உற்பத்தியாளர்கள் உலோகம் , கூட்டணி துறை ,

Manufacturers' uproar over new taxes and rising cost of power

Manufacturers' uproar over new taxes and rising cost of power
theeastafrican.co.ke - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theeastafrican.co.ke Daily Mail and Mail on Sunday newspapers.

Peter Kaberia , Julius Kirima , Mucai Kunyiha , Uhuru Kenyatta , Telkom Kenya , Kenya Association Of Manufacturers , Railway Development Levy , Enterprise Development , Ministry Of Industrialisation , Kenya Revenue Authority , Kenya Association , Import Declaration Fee , Principal Secretary , உஹுரு கெநியாட , கேந்ய சங்கம் ஆஃப் உற்பத்தியாளர்கள் , ரயில்வே வளர்ச்சி வசூல் செய்தல் , நிறுவன வளர்ச்சி , கேந்ய வருவாய் அதிகாரம் , கேந்ய சங்கம் , இறக்குமதி அறிவிப்பு கட்டணம் , ப்ரிந்ஸிபல் செயலாளர் ,

Kenya faces revenue, job losses as House ratifies UK trade deal

Kenya faces revenue, job losses as House ratifies UK trade deal
March 12, 2021
By DAVID MWERE Kenya is staring at massive losses in revenue following the ratification of the Economic Partnership Agreement with the United Kingdom.
The National Assembly ratified the EPA on Tuesday, opening the local market to about 1,934 products from the UK, whose import tariff will either be lowered or zero-rated.
The pact, which expires in 25 years, has been adopted at a time the country is facing challenges in financing its obligations.
Although the EPA allows for gradual and partial reduction of tariffs, from 95 per cent of the basic duty followed by total elimination, fears abound that a majority of imports are likely to be subjected to zero duty at the point of entry. ....

United Kingdom , Econews Africa , Godfrey Osotsi , Edgar Odari , Big Four , Economic Partnership Agreement , Standard Gauge Railway , African Community Common External Tariff , National Assembly , Railway Development Levy , Kenya Revenue Authority , Policy Statement , President Kenyatta , East African Community Common External Tariff , Import Declaration Fees , United Kingdom Kenya , ஒன்றுபட்டது கிஂக்டம் , எட்கர் ஓடறி , பெரியது நான்கு , தரநிலை பாதை ரயில்வே , தேசிய சட்டசபை , ரயில்வே வளர்ச்சி வசூல் செய்தல் , கேந்ய வருவாய் அதிகாரம் , பாலிஸீ அறிக்கை , ப்ரெஸிடெஂட் கெநியாட , இறக்குமதி அறிவிப்பு கட்டணம் ,

High cost of inputs hurting steel sector

High cost of inputs hurting steel sector
The Star
Image: JOHN CHESOLI
•Kenya s steel sector is strongly linked to the growth of complementary sectors such as housing and construction, energy and electronics and chemical and allied.
•Presently, Kenya’s Metal sector (iron & steel) forms approximately 13 per cent of the manufacturing sector.
The demand for steel is increasing in the country, as government-driven infrastructural development, and commercial and residential buildings surge.
Steel is a core piece of the modern economy. It is used as a paradigm to gauge the overall economic status of a country, as well as an indicator of the investments dedicated to infrastructure and subsequently, a measure of developmental progress and stability. ....

Nairobi Area , Railway Development Levy , World Bank , Import Declaration Fee , நைரோபி பரப்பளவு , ரயில்வே வளர்ச்சி வசூல் செய்தல் , உலகம் வங்கி , இறக்குமதி அறிவிப்பு கட்டணம் ,

Sh1.2 billion HIV drugs held at port about to expire

Most hospitals have run out of ARVs. ....

United States , Rose Maina , Anne Rono , Daniella Munene , Ukur Yatani , Society Of Kenya , Kenya Medical Supplies Authority Kemsa , National Empowerment Network Of People Living , Railway Development Levy , Kenya Medical Supplies Authority , Import Declaration Fees , Treasury Cabinet Secretary Ukur Yatani , Elgeyo Markwet County Rose Maina , County Referral Hospital , Nandi County , National Empowerment Network , People Living , Arvs Aids Hiv Usaid Nascop , ஒன்றுபட்டது மாநிலங்களில் , உயர்ந்தது மைனா , சமூகம் ஆஃப் கேந்ய , தேசிய அதிகாரம் வலைப்பின்னல் ஆஃப் மக்கள் வாழும் , ரயில்வே வளர்ச்சி வசூல் செய்தல் , கேந்ய மருத்துவ பொருட்கள் அதிகாரம் , இறக்குமதி அறிவிப்பு கட்டணம் , கவுண்டி பரிந்துரை மருத்துவமனை ,