Discover and read the best of Twitter Threads about #KAMKRAForum
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Stephen Odua, @IndustryKE Director for Private Sector Development acknowledged that #COVID19 has impacted the private sector, saying - Government recognizes that the virus has morphed into an economic crisis.
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#KAMKRAForum
📸Courtesy
#KAMKRAForum
Stephen Odua, @IndustryKE Director for Private Sector Development - Measures to contain its spread have had far-reaching ramifications on the way of doing businesses. It has revealed the need to shorten our supply chains and the dangers of over-reliance on imports.
#KAMKRAForum
#KAMKRAForum
Stephen Odua, @IndustryKE Director for Private Sector Development - An economic rebound will be supported by a strong strategy. We have recognized sectors that have thrived during this difficult time and shall continue to support them.
#KAMKRAForum
#KAMKRAForum
KAM CEO, @wakiaga_phyllis - Manufacturing is the backbone of the economy & the force behind productive employment & opportunities for wealth generation. It has direct linkages to all sectors.
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#KAMKRAForum
📸 File footage
#KAMKRAForum
KAM CEO, @wakiaga_phyllis - The Finance Act 2020 introduced new tax measures with the aim of increasing its revenue collection, eroding tax incentives & benefits that would otherwise, among others, form part of the backbone for the post-pandemic economic rebound.
#KAMKRAForum
#KAMKRAForum
KAM CEO, @wakiaga_phyllis - These include the introduction of a Minimum Tax & adjustment for inflation, under Excise Duty Act 2015. Their timing is unfortunate for businesses already operating in a difficult economic environment due to #COVID19.
#KAMKRAForum
#KAMKRAForum
