If implemented as is, the Finance Bill 2024 will increase the cost of production, thereby destroy industry’s competitiveness, and subsequently, dent our local and export markets, increase retail prices, burden Mwananchi, and increase cashflow requirement at a time when the environment is characterized by rising interest rates. Ultimately, this will render local industries uncompetitive which will push them to either downsize, move to more competitive countries or close down, as a last resort
Manufacturers share this vision with the Government of Kenya, aimed at increasing jobs from 352,000 to 1 million jobs, tax contribution from Kes. 360 billion to Kes. 1 trillion and value-added output from USD 8.5 billion (Kes 1.1trillion) to USD 50 billion (Kes 6.5 trillion). Whereas there are such progressive proposals in the Finance Bill 2024 aiming at promoting manufacturing growth, we are concerned that several others shall hinder this objective, and ultimately impact Mwananchi.
KAM has kicked off the Sustainable Energy Week, that seeks to raise awareness on energy efficiency and conservation in the country. The event consists of the Clean Energy Conference and Expo and Energy Management Awards (EMA).
Global Compact Network Kenya (GCNK) in partnership with Kenya Association of Manufacturers (KAM) and the Kenya Private Sector Alliance (KEPSA) has relaunched the Code of Ethics for Business in Kenya.
Women manufacturers have called for more opportunities in the value chains. This was during the launch of Kenya Association of Manufacturers’ (KAM’s) county-focused drive to increase the participation of women in industry, through its Women in Manufacturing (WIM) Programme.
Today marks a pivotal moment for Kenya's industrial landscape as Kenya Association of Manufacturers (KAM) unveils its 2024 Manufacturing Priority Agenda (MPA) and the Agriculture for Industry (A4I) Report.
The Kenya Association of Manufacturers (KAM) has kicked off the 2nd edition of the Loop Forum Kenya, a pivotal event aimed at accelerating the Circular economy in Kenya. This influential gathering is designed to foster collaborations, engage in policy dialogue, and showcase innovative solutions.
Looking for elevation? KAM lifts you up.
Direct technical assistance
Capacity building programmes
Networking and mentorship
Industry insights & analysis
Trade & export development services
The Kenya Association of Manufacturers wants your company to live up to its full potential. That’s why we provide direct technical assistance and training to growth-oriented manufacturing SMEs, keeping you at the top of your game always.
