Industry & Retail
From The Report: Kenya 2018
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After a challenging 2017, the industrial sector has started to show signs of recovery and is expected to perform well in the coming years, as several government initiatives and programmes focus on boosting the manufacturing sector and its contribution to Kenya’s economy. Although official efforts are already under way, implementation of policies concerned with raising local output and lowering production costs could help Kenya on its path to becoming the industrial hub of East Africa. As for the retail sector, with the economy strengthening, foreign investors entering the local retail market and the middle class continuing to grow, prospects remain positive. Conversely, companies that weathered these difficulties are in good shape and, in fact, benefitting from the rebound. This chapter contains interviews with Peter Munya, Cabinet Secretary, Ministry of Industry, Trade and Cooperatives; and Ahmed Rady, General Manager, East Africa Coca-Cola.