Fix manufacturing sector to stabilise economy - News Summed Up

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Fix manufacturing sector to stabilise economy


Fix manufacturing sector to stabilise economyMonday, March 4th, 2024 06:20 | By Fred AmingaEconomy growth representation. With a new government assuming office, it becomes apparent that one of the engines propelling Kenya’s economic growth is faltering. While diaspora remittances have provided a steady stream of income, leveraging the manufacturing sector could have offered a more sustainable solution. Regrettably, Kenya’s manufacturing sector has languished in an inhospitable business environment, characterized by unpredictable taxes and bureaucratic hurdles that have refused to give. Just as a prudent pilot navigates a storm, Kenya must prioritize stabilising its economy to weather the turbulence first.


Source: Daily Nation March 04, 2024 03:22 UTC



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