Sharp Daily
No Result
View All Result
Tuesday, June 24, 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

Moses Kuria Makes U-turn On Mitumba Ban After Uproar

Domenic Ntoogo by Domenic Ntoogo
November 3, 2022
in News
Reading Time: 1 min read

Trade, Industry and Investments Cabinet Secretary (CS) Moses Kuria has clarified his earlier comments on banning Mitumba after public outcry.

Speaking to a local TV Citizen on November 2, Kuria stated that the government does not intend to ban Mitumba, but will make it less competitive by empowering local manufacturers of textile products.

“My point is that I don’t need to ban mitumba, and I will not ban mitumba. But I will make mitumba less competitive. I will give people better options, and that is what I said. I will make sure that people are able to buy clothes made in Kenya at cheaper prices,” said Kuria

“The whole conversation is if I make mitumba have a lesser value proposition, and I make locally manufactured clothes to be competitive. I don’t believe in banning things, I believe in making the other product less competitive. It is up to me to ensure people don’t go for mitumba, and mitumba will die naturally,”

RELATEDPOSTS

Kenya to launch mobile device registry in tax compliance push

October 23, 2024

Government targets tax evasion by blocking phones without tax records

October 11, 2024

Read: Government Announces Rollout Of Single Business Permits

Kuria decried that Kenyans were being exploited by Mitumba sellers at the expense of the local textile industry, adding that locally manufactured fabric is sold at cheaper prices abroad compared to the rate of Mitumba in Kenya.

Kuria also said that his ministry was in the race to minimize imports by increasing production, as the current market trend is unsustainable.

“We have to stop importation; we are only going to import what is ultimately impossible for us to produce locally. The country is importing food worth about 350 billion and which we can manufacture locally,” he said.

Email your news TIPS to editor@thesharpdaily.com

Previous Post

CMA Nods To The Registration Of Etica Unit Trust Funds

Next Post

KEPSA launches A Strategy With The Aim Of Offering Solutions To Climate Change.

Domenic Ntoogo

Domenic Ntoogo

Related Posts

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
Agriculture And Economy
News

Lets get Kenya out of FATF list

May 9, 2025
News

The downside of Impact Investing

May 2, 2025

LATEST STORIES

Parliament slashes tax on digital asset trades: What this means for investors

June 23, 2025

Understanding Joint Ventures: A strategic tool in modern business

June 23, 2025

How bushy can a bush safari get?

June 20, 2025

Understanding SPVs

June 20, 2025

Why small investments are a power move

June 20, 2025

Social consequences of the tax relief for gamblers

June 20, 2025

How E-Tendering can reshape public procurement in Kenya

June 20, 2025

Unlocking long-term wealth with the power of compounding

June 19, 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