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May 20, 2020 9 tweets 7 min read Read on X
#KPMGManufacturingSurvey

Manufacturers' top priorities - reducing costs, job retention and improving cash flows

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#KPMGManufacturingSurvey
More than 90% of manufacturers have adhered to workplace guidelines and protocols to curb the spread of #COVID19KE.

91% of non-essential goods manufacturers have seen a significant fall in demand.
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#KPMGManufacturingSurvey

42% of manufacturers are currently operating at half capacity with the average utilized capacity for SMEs being 37%

76% are facing difficulties in sourcing of raw materials with 67% facing challenges in accessing markets.

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#KPMGManufacturingSurvey

79% of manufacturers are experiencing cash flow constraints, with 86% of SMEs facing the same. This affects their ability to meet their financial obligations.

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#KPMGManufacturingSurvey

Manufacturers' priorities before #COVID19KE were to increase profitability, increase revenue & increase domestic market share. Current priorities are reducing costs, retaining jobs, and improving cash flow.

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#KPMGManufacturingSurvey

To respond to the heightened demand for Covid-19 related goods, 23% of manufacturers from 10 out of the 14 sectors have either shifted their focus or ramped up
production of essential goods.

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#KPMGManufacturingSurvey
Businesses are playing their role in limiting the spread of Covid-19, by introducing accessible sanitization points around the premises, practising social distancing, providing PPEs such as masks and gloves and launching awareness campaigns

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#KPMGManufacturingSurvey

To resolve cash flow challenges, manufacturers have negotiated payment plans with their suppliers, customers, banks and sought additional financial support from other individuals and institutions.

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#KPMGManufacturingSurvey
30% of SMEs have experienced a loss of between 65-100% and 49% reported losses of between 30-64%.

Start-ups and those in decline are the most vulnerable group of all participants reporting a loss in turnover

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More from @KAM_Kenya

Sep 29, 2020
It has been a great afternoon recapping the outcomes of the First Ever Women in Manufacturing Research in Kenya #WIMKe

The #WIMReport launched earlier this month, provides viable solutions to the challenges facing Women in Manufacturing
Women face unique challenges that hinder them from entering the sector. This is why we continue to advocate for an inclusive manufacturing sector, through the establishment of policies that encourage women to be key players in value and supply chains - KAM CEO @PhyllisWakiaga
In a forum hosted by @ICRWAfrica to discuss the #WIMReport, KAM CEO @PhyllisWakiaga noted, 'Women are sidelined in the sector, with majority of industries being predominantly male-owned & staffed. Only 3 out of the 14 sectors have a female workforce of 40% & above.'

#WIMKe
Read 5 tweets
Sep 25, 2020
PS @IndustryKE, @DrFrancisOwino - Climate change affects all sectors of the economy. Industry relies on infrastructure & services, such as water, waste, energy & transport, & are vulnerable to disruptions caused by climate change.

#MovingToBetter
#Strides2Sustainability Image
PS @IndustryKE, @DrFrancisOwino - There is an emerging global consensus that the traditional linear manufacturing model is no longer sustainable. We need to collectively transition to the circular economy model.

#MovingToBetter
#Strides2Sustainability Image
PS @IndustryKE, @DrFrancisOwino - Planning for Green Growth & climate change adaptation & mitigation in the manufacturing sector needs to adopt a holistic, multi-sectoral approach.

#MovingToBetter
#Strides2Sustainability Image
Read 4 tweets
Sep 23, 2020
KAM Head of Policy Research and Advocacy, @wanjohijb is currently speaking on how to build a resilient export sector amidst the #COVID19 pandemic, hosted by @MakeItKenya.

#ExportAgendaKE
#BuildingResilience Image
KAM Head of Policy Research and Advocacy, @wanjohijb - To build the resilience for our export sector, we need to take advantage of the opportunities presented by low-hanging fruits in the economy and supply to the export markets.

#ExportAgendaKE
#BuildingResilience
KAM Head of Policy Research and Advocacy, @wanjohijb - To encourage SMEs to venture into the export markets, we should put in place capacity-building programmes that focus skills development, access to finance, governance & market access.

#ExportAgendaKE
#BuildingResilience
Read 4 tweets
Sep 23, 2020
Illicit trade has a detrimental impact on the substantial growth of legitimate business in the country. It negatively impacts on our economy and has proven hazardous to the health and safety of Kenyans.

#StopIllicitTrade Image
Earlier today, Chief Justice @dkmaraga launched the 2nd Edition of the Enforcement Manual to Combat Illicit Trade & the Practitioners' Guide for Enforcement Officers to Combat Illicit Trade, done by KAM, @ACAKenya, Judicial Training Institute & @NCAJKe.

#StopIllicitTrade Image
Chief Justice @dkmaraga also launched the virtual training of judges and magistrates on the protection of intellectual property and enforcement against the various forms of illicit trade.

#StopIllicitTrade Image
Read 8 tweets
Sep 19, 2020
What an amazing day it was!
#KAMSectors #TrashRightRecycle Image
KAM in partnership with Kiambu County and Takataka ni mali held a Clean Up Activity in Kamenu Sub county (phase 4 and 9) #KAMSectors #TrashRightRecycleRight ImageImageImage
As KAM, we remain committed to ensuring that we protect the environment through championing for policies that promote waste management particularly sorting, collection and recycling. #TrashRightRecycle #KAMSectors ImageImage
Read 5 tweets
Sep 16, 2020
1. Are you a Woman In Manufacturing? #WIMKe
2. Do you feel like the banking sector is addressing the needs of women in business, particularly in manufacturing? #WIMKe
3. Would you be open to attending a financial conference organized by WIM to have a conversation with banks on the needed interventions? #WIMKe
Read 4 tweets

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