Browsing: Kenya Institute for Public Policy Research and Analysis (KIPPRA)

Over 50 per cent of Kenyan manufacturers feel the sector is struggling to compete with developed countries with equal pressure coming from regional states, a study has revealed.

This is in the wake of continued high costs of doing business in the country with the local market further being infiltrated by cheap imports mainly from China.

READ:What is hurting manufacturing in Kenya

The study has been unveiled by SYSPRO, a global provider of industry-built Enterprise Resource Planning (ERP) software for manufacturers and distributors, together with Strathmore University.

External factors

In the findings, energy leads as the top factor affecting businesses with a 54 per cent prevalence followed solely by the country’s political climate which accounts for 50 per cent of effect to investments.

The third most toxic factor affecting businesses is taxes with 43 per cent prevalence. Others are cheap imports (40%), exchange rates and raw materials each at …