Business leaders warn taxes on inputs impede local production

Business leaders want the government to impose higher taxes on imports while supporting local manufacturing by removing levies on raw materials. Additionally, the business community seeks a share of the incentives extended to foreign investors, even as the government encourages more international enterprises to establish operations in the country.

To ensure Kenyan products secure a larger share of global markets, the government has announced plans to set up an export-import bank aimed at improving the visibility of Kenyan products abroad. This move follows similar steps taken by Uganda and Tanzania.