Local experts drawn from the manufacturing sector, government and academia have urged stakeholders in the sector to work together to bridge the gap between imports and exports in order to shift Kenya’s economy from a trading to manufacturing nation. The experts reiterated the need to have need-based policies and incentives such as credit loans, tax incentives and policies that will encourage the purchase of local products instead of importation to encourage local and foreign investments. They stressed the need to specifically encourage the struggling small and medium size enterprises (SMEs), through the Buy Kenya, Build... Continue reading →
The post Collective Effort Will Spur Economic Transformation, Experts Say appeared first on Jomo Kenyatta University of Agriculture and Technology.