China is positive force in Kenya's economy: Kenyan business leader
NAIROBI, April 8 (Xinhua) -- China is a positive force in the economy of Kenya, said the chief of the Micro, Small and Medium Enterprise (MSME) Alliance of Kenya, the umbrella body of small entrepreneurs, at a business forum here Monday.
Ben Mutahi, the chairperson of the MSME Alliance of Kenya, told journalists in Nairobi, the capital of Kenya, that China has emerged as the preferred source country for electronic goods, textiles, cosmetics, vehicle accessories and machinery.
"Chinese goods dominate the Kenyan market as consumers prefer them as they are suited to the tastes of consumers and are also affordable," said Mutahi during the business forum organized by I&M Bank Kenya.
According to Mutahi, Chinese factories can manufacture large quantities of goods to Kenyan specifications in 30 days, compared to other countries, which usually take more than 60 days.
He noted that merchandise once at the port of exit in China can arrive at the Kenyan port of Mombasa in 21 days due to the presence of many shipping lines that ply the route between the Asian nation and Kenya.
Data from the Kenya National Bureau of Statistics indicated that imports from China hit 3.48 billion U.S. dollars in 2022, accounting for 18.2 percent of Kenya's total import bill that year. ■
Related articles
- Cancer-stricken King Charles will be feeling fresh heartache after a former IRA commander confessed2024-05-21
Alabama lawmakers adjourn session without final gambling vote
MONTGOMERY, Ala. (AP) — Alabama lawmakers ended the legislative session Thursday without approving a2024-05-21Hall of Fame defensive back Jimmy Johnson dead at age 86
Pro Football Hall of Fame defensive back Jimmy Johnson, a three-time All-Pro and member of the All-D2024-05-21- A historic Catholic church faces imminent demolition if its parishioners aren't able to raise $2 mi2024-05-21
Messi in and Dybala out in Argentina squad for pre
BUENOS AIRES, Argentina (AP) — Lionel Messi is in and Paulo Dybala is out of Argentina’s squad for f2024-05-21Cavaliers' Jarrett Allen out for Game 2 against Celtics with bruised ribs
BOSTON (AP) — The Cleveland Cavaliers will be without center Jarrett Allen for Game 2 against the Bo2024-05-21
atest comment