{"id":6717,"date":"2019-11-21T10:06:35","date_gmt":"2019-11-21T07:06:35","guid":{"rendered":"https:\/\/africasustainabilitymatters.com\/?p=6717"},"modified":"2026-01-11T05:30:42","modified_gmt":"2026-01-11T05:30:42","slug":"kenyan-industries-risk-missing-out-on-africas-free-trade-market-pie","status":"publish","type":"post","link":"https:\/\/rayscohosting.best\/ASM\/2019\/11\/21\/kenyan-industries-risk-missing-out-on-africas-free-trade-market-pie\/","title":{"rendered":"Kenyan Industries Risk Missing Out On Africa\u2019s Free Trade Market Pie"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>By Constant\nMunda<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As\nKenya marks the Africa Industrialization Day today, the focus will be on its\ncredentials to revamp its limping manufacturing sector to capitalize on new\nopportunities on a wider seamless market for the continent.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">President\nUhuru Kenyatta\u2019s plan to create in the upwards of 800,000 new decent jobs for\nKenya\u2019s growing skilled youth by enacting policies, which support modernization\nexisting and development of new factories is yet to gain traction.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The\nmanufacturing pillar under the Big Four socio-economic transformation plan is\nto create an additional 1,000 small and medium-sized (SMEs) factories in\ntargeted sub-sectors such as agro-processing, leather, textiles and\nfish-processing.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Statistics\nand recent surveys, however, paint a picture of struggling manufacturers, with\ntheir contribution to gross domestic product (GDP) \u2014 national wealth \u2014\nshrinking and recording the lowest growth in jobs among key sectors of the\neconomy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As a\nlow middle-income country with sights on joining the league of\nhighly-industrialised middle-income nations in just more than a decade, Kenya\nshould be witnessing the movement of labour from low productivity sectors such\nas farming to the manufacturing sector.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Growth\nin new job opportunities in the sector has largely been flat, with an addition\nof 4,200 new jobs in the first full year of Mr Kenyatta\u2019s Big Four agenda, the\nKenya National Bureau of Statistics (KNBS) data indicates.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The President\u2019s target is based on the sector overcoming its struggles to contribute 15 percent share to the national wealth (GDP) from the decades-low levels posted in recent years\u2026<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.businessdailyafrica.com\/datahub\/Kenyan-industries-risk-missing-out-on-Africa\/3815418-5355588-dbjcvtz\/index.html\">Read more>><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Constant Munda As Kenya marks the Africa Industrialization Day today, the focus will be on its credentials to revamp its limping manufacturing sector to capitalize on new opportunities on&hellip;<\/p>\n","protected":false},"author":3,"featured_media":6718,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","pagelayer_contact_templates":[],"_pagelayer_content":"","_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[101],"tags":[],"class_list":["post-6717","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news"],"_links":{"self":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/6717","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/comments?post=6717"}],"version-history":[{"count":0,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/posts\/6717\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media\/6718"}],"wp:attachment":[{"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/media?parent=6717"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/categories?post=6717"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/rayscohosting.best\/ASM\/wp-json\/wp\/v2\/tags?post=6717"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}