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The fiscal deficit of 7.5 % is an area we need to look at and close in on. Government needs to seriously focus on this - KAM CEO @wakiaga_phyllis on @NMGLeadersForum
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We would like Government to reconsider the removal of incentives - especially those that are positive and support local production because they will add to the rebound of the manufacturing sector - KAM CEO @wakiaga_phyllis on @NMGLeadersForum
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We look forward to working on the rebound strategy to ensure that we come out strong as a country - KAM CEO @wakiaga_phyllis on @NMGLeadersForum
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What we want to see is more money put aside for SMEs, to ensure that manufacturing SMEs rebound out of this crisis - KAM CEO @wakiaga_phyllis ON @NMGLeadersForum
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There is also need to support sectors that have been identified as priority sectors, that is by addressing issues that affect their competitiveness to manufacture locally - KAM CEO @wakiaga_phyllis ON @NMGLeadersForum
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We need to address the tax issues. The liquidity is welcome to ensure that VAT refunds are paid and that suppliers are paid to address cash-flow issues - KAM CEO @wakiaga_phyllis on @NMGLeadersForum
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KAM CEO @wakiaga_phyllis - There is a big link between manufacturing and agriculture. There is a also a big opportunity for linkage and value add.
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The Manufacturing sector has been hit. We have been at the forefront at diversifying and getting into new lines of production - KAM CEO @wakiaga_phyllis on @NMGLeadersForum
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We are working on a rebound strategy further to the study we carried out with @KPMGEastAfrica . It will focus on import substitution and sectors where there is opportunity to export - KAM CEO @wakiaga_phyllis on @NMGLeadersForum
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Tax incentives seek to stimulate production, hence enable competitive manufacturing both locally and globally. They have led to stimulation in local production, which has led to lower cost of production - KAM CEO @wakiaga_phyllis on @NMGLeadersForum
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As we look at tax incentives as a cost that needs to be done away with, we need to weigh carefully by considering the impact they have had - KAM CEO @wakiaga_phyllis on @NMGLeadersForum
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KAM CEO @wakiaga_phyllis - When we tax factors of production, we disincentivize local manufacturing
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Surveillance in Kenya
A THREAD.
A THREAD.
In November 2014, Safaricom PLC –Kenya’s largest telecommunications firm – signed a contract with the Government of Kenya for the installation of a security surveillance system worth KES. 15 Billion.
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For context, the Nairobi Metropolitan Ministry had procured the services of a Chinese firm called Nanjing Les Information Technologies for the installation of 51 cameras and a traffic light system back in 2012.
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