Kenya Industry

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As an increasing number of countries ban single-use plastics, waste remains a significant environmental issue – although a variety of initiatives promise to make emerging markets the focus of the global struggle against plastic waste.

While the Kenyan authorities have remained in a heightened state of vigilance against Covid-19 since the first local case was recorded on March 13, private sector manufacturers have been adjusting operations to ensure supplies of much-needed medical equipment are available.

The manufacturing sector is a key beneficiary of both Kenya’s 2018 budget and a new policy identifying medium-term economic growth drivers.

A number of automotive manufacturers have recently committed to increase production activity in Kenya, benefiting in part from the roll-out of new fiscal incentives. 

Despite high demand for cement in Kenya, profit margins in the sector remain under pressure, as competition ramps up.  

Kenya’s government is currently considering the final iteration of a bill that would establish three special economic zones (SEZs) within the country. The SEZs will allow lower levels of taxation and fewer regulatory hurdles, and will focus primarily on industrial activity, in particular textile production. The SEZ bill is part of a broader initiative to boost the manufacturing sector, diversify the country’s exports and encourage the creation of up to 1m industrial jobs annually.

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