Sharp Daily
No Result
View All Result
Tuesday, October 14, 2025
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
Sharp Daily
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team
No Result
View All Result
Sharp Daily
No Result
View All Result
Home News

China Square Resumes Operations

Sarah Wamaitha by Sarah Wamaitha
March 6, 2023
in News
Reading Time: 2 mins read
China square

China square [Photo/Courtesy]

Following an agreement between the Kenyan Government and Chinese traders, China Square resumed operations on Monday, March 6, 2023.

Customers were notified by China Square that it has resumed operations at Unicity along Thika Road in a statement.

In addition, the Kenya Chinese Chamber of Commerce (KCCC) applauded the Kenyan government’s decision to permit Chinese traders to restart business.

“We appreciate the positive news about China Square’s resumed operations. This comes after multiple meetings between the Kenyan government and the country’s Chinese community to find a peaceful way out of the impasse, according to the Chinese Chamber of Commerce.

RELATEDPOSTS

How public ratings could shift healthcare dynamics in Kenya

September 4, 2025

Why firms are shedding jobs despite survival

June 19, 2025

We appreciate the Kenya Government’s support in allowing the Chinese Community to do business and contribute to Kenya’s growth and development efforts through employment creation and contribution to Kenya’s tax revenue.” the chamber added.

Read: China Square And The Potential For Low-Cost Retail In Kenya

The Chamber also stated that they will continue to foster collaboration between the two countries in promoting Investments, Trade, and Tourism.

Following comments made by Trade Cabinet Secretary Moses Kuria on February 24, in which he indicated his intention to exclude Chinese vendors from the UniCity Mall, the commercial hub announced an indefinite closure on Sunday, February 26.

Kuria claimed that China Square would promote the arrival of Chinese traders who would capitalize on the chances that had been left open for Kenyans.

Lei Cheng, China Square owner had initially raised worries about his company’s closure. In his statement announcing the hub’s shutdown, he said that since the company’s opening on January 29, 2023, the hub has been unable to handle the heavy number of daily customer traffic.

Additionally, he noted that false claims made by customers on social media, as well as complaints about unpleasant shopping experiences, all contributed to the company’s closure.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

Carrefour Kenya Appoints Christophe Orcet As New Country Manager

Next Post

Mixed Reactions Over The High Cost Of Living In Kenya

Sarah Wamaitha

Sarah Wamaitha

Related Posts

News

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
News

Kenya Q2’ 2025 GDP growth accelerates to 5.0%

October 3, 2025
News

Argentina’s crisis and Kenya’s lessons on political economy and market confidence

September 25, 2025
News

Kenya’s financial system remains stable but faces rising risks

September 25, 2025
News

Where do Kenyan stock returns come from? A napkin framework

September 19, 2025
News

September snapshot: CMMF yields 13.12% as month unfolds

September 5, 2025

LATEST STORIES

World Bank Urges Kenya to Raise Excise and Carbon Taxes to Strengthen Fiscal Stability

October 13, 2025

Kenya shifts to bond financing for SGR and JKIA expansion

October 13, 2025

KESONIA: Transforming Kenya’s benchmark interest rate framework

October 13, 2025

Kenya’s NFIS 2025–2028: Advancing financial inclusion and well being

October 13, 2025

Kenya Pipeline IPO deadline extended to 2026 and what it means for the Privatization Agenda

October 9, 2025

Audit reveals gaps in Kenya’s unclaimed assets system

October 9, 2025

What Happens to Your Funds During Pension Fund Liquidation in Kenya

October 9, 2025

Start Q4 strong with the Cytonn Money Market Fund

October 9, 2025
  • About Us
  • Meet The Team
  • Careers
  • Privacy Policy
  • Terms and Conditions
Email us: editor@thesharpdaily.com

Sharp Daily © 2024

No Result
View All Result
  • Home
  • News
    • Politics
  • Business
    • Banking
  • Investments
  • Technology
  • Startups
  • Real Estate
  • Features
  • Appointments
  • About Us
    • Meet The Team

Sharp Daily © 2024