The earliest publishers can expect to make book sales is 2022. “The earliest publishers can expect to make book sales is 2022,”says Mr Njagi. To finance the production of such books, publishers take out loans and bank overdrafts to be repaid when they make sales. The situation is dire,” says Mr Njagi, who is the chief executive of Mountain Top Publishers. The Ministry of Education, through KICD, involved publishers in a tendering system, which caused cut-throat competition among publishers.
Source: Daily Nation August 01, 2020 05:26 UTC