Manufacturers want business-related regulations audited to end duplication and double taxation that discourage investments across the country. To promote competitiveness and a level playing field, KAM has been calling for establishment of a high level government approval process for any regulatory agency (county governments and regulatory agencies) imposing corrective measures touching on businesses. Comparative pricingOn energy costs, Mr Shah urged the government to adopt a comparative pricing strategy, noting that high costs were hurting the countries competitiveness in the region. Ethiopia and Egypt charge manufacturers three cents per kilowatt hour and Uganda 10 cents, while Kenya charges up to 20 cents per kilowatt hour. “Manufacturers in Kenya cannot therefore compete on equal footing with manufacturers exporting goods to Kenya,” he said.

Source: Daily Nation August 26, 2020 06:45 UTC