President Uhuru Kenyatta has said the government has offered new incentives to manufacturers in order to encourage them to produce cheaper but quality goods.
He said the country is in competition with other nations and needs to be productive and innovative enough to produce better and cheaper goods to have an edge in the current global business environment.
“As Government, we have offered new incentives to manufacturers, from cheaper power to reforms making it easier to do business,” said President Kenyatta.
The President spoke when he addressed the nation from Kinoru stadium in Meru County during this year’s Madaraka Day celebrations. The President pointed out that apart from his ‘Big Four’ agenda, the most important pillar is productivity and investment.
He said Kenyan business people, need to focus more on the expansion and growth of their ventures as they are a key contributor to the country.
“Building value, and paying salaries and taxes is building the nation. I urge you to redouble your efforts, and to invest in ambitious expansion. I urge workers and their trade unions to invest in growing the cake,” he said.