Sharp Daily
No Result
View All Result
Friday, July 11, 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’s Infiltration In Kenya’s Business Market

Benson Muriithi by Benson Muriithi
February 20, 2023
in News
Reading Time: 2 mins read
Nairobi,Kenya

[Photo/Courtesy]

China’s growing economic influence has led to increased Chinese investments in African countries, including Kenya.

In recent years, Chinese businesses have been aggressively pursuing opportunities in Kenya’s business market, ranging from infrastructure development to consumer goods.

This has raised concerns among some Kenyan businesses and policymakers, who worry about the potential consequences of China’s infiltration.

Chinese companies are involved in a range of industries in Kenya, including construction, telecommunications, manufacturing, and retail.

RELATEDPOSTS

Why firms are shedding jobs despite survival

June 19, 2025

Opinion: Austerity wrong medicine for Kenya’s economy.

June 16, 2025

Read: New Traveling Requirements For Kenyans By Chinese Government- What You Need To Know

Chinese firms have won several infrastructure contracts in Kenya, such as the construction of the Standard Gauge Railway, a major railway line connecting Nairobi to the port city of Mombasa.

However, some Kenyan businesses have complained that Chinese companies are receiving preferential treatment in these deals, including tax breaks and other incentives.

Another area of concern is the influx of Chinese consumer goods in the Kenyan market, which has reportedly hurt local businesses. Chinese goods, including textiles, electronics, and household items, are often cheaper than similar products made in Kenya. This has led to increased competition and price pressures on local businesses.

Read: Kenyan Avocados Sold At The Largest Fruit Market In East China

Some Kenyan policymakers have expressed concerns that Chinese companies are driving local businesses out of the market, resulting in job losses and other negative economic consequences.

In addition, there are concerns about the environmental and social impacts of Chinese investment in Kenya. Some Chinese companies have been accused of engaging in environmentally damaging practices and exploiting Kenyan workers.

This has led to calls for increased regulation and oversight of Chinese businesses operating in Kenya, to ensure that they comply with local laws and regulations and do not engage in unethical or harmful practices.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

We Expect A Continued Depreciation Of The Shilling-Cytonn Report

Next Post

Economic Benefits Of Settling Pending Bills

Benson Muriithi

Benson Muriithi

Related Posts

Business

Del Monte foods files for bankruptcy in USA

July 3, 2025
News

Private vs Public Pension Funds in Kenya

June 30, 2025
Investments

Investor shift to long term bonds drives oversubscription in CBK’s reopened auction

June 19, 2025
News

The real price of Israel – Iran Conflict for Kenya.

June 19, 2025
Economy

Resilient but strained: Kenyan firms speak out in May 2025 CEO survey.

June 19, 2025
News

Co-op Bank posts KES 6.9 billion profit in Q1’2025

May 16, 2025

LATEST STORIES

Why Employers Should Prioritize Pensions Over One-Time Gratuity Payments

July 10, 2025
Business and Finance Concept - Coin, Currency, Financial Item, Graph,

Opinion: Why lower taxes may be Kenya’s only escape route

July 10, 2025

Nvidia becomes the first company globally to hit USD 4.0 trillion market value

July 10, 2025

Privatization in Kenya: A new dawn for capital markets and fiscal stability

July 10, 2025

How Kenya is future-proofing its economy against illicit finance

July 9, 2025

The importance of Investment Policy Statements (IPS) for pension schemes in Kenya

July 4, 2025

Understanding Life Cover as an Additional Benefit in Retirement Benefit Schemes

July 4, 2025

Del Monte foods files for bankruptcy in USA

July 3, 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