The economic history of the Republic of Kenya
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- Union Calls for Higher Taxes On Imported
- Panafrican News Agency, 21 November 2000. Kenya textile
industry officials say the massive importation of
second-hand clothes and the dumping of sub-standard textile
on the local market was impacting negatively on the
country's textile industry. Kenya's Textile and
Tailors Workers Union said the phenomenon was threatening
the Kenyan textile industry and the livelihood of millions
of Kenyans who depend on it.
- Don't Let Titanium Become The Curse Of
- By Sam Wainaina, The East African (Nairobi),
18 January 2001. The government is in dire need of foreign
funds and the titanium mining venture by Tiomin Resources
Inc of Canada, will get government clearance to go on with
the project whether environmentalists in Kenya or local
people in Kwale District like or not.
- Kenya Has Worst Economic Performance Since
- By Tervil Okoko, Panafrican News Agency (Dakar), 15
February 2001. For the first time since independence in
1963, Kenya recorded a contracted economy. The unprecedented
economic performance confirms the country's downward
slide owing to gross mismanagement and factors beyond the
government's control, such as drought.
- Liberal Market Damages Industry
- The Nation, 15 March 2001. Liberalization of
the economy has damaged the textile and shoe industries,
leading to massive job losses and worsening
poverty. Inadequate power supplies, drought and high
taxation led to high production costs of textiles and shoe
products, creating room for dumping of cheap imports.
- Government Drags Feet On Privatisation of
- By Tervil Okoko, PANA, 27 March 2001. The government is
two years late privatising Kenya Railways Corporation (KR),
the major rail and inland water transport firm to supplement
the services of the Kenya Ports Authority. Its importance to
Uganda, Rwanda, Burundi, southern Sudan and eastern
Kenya. The economic history of KR and the government's
inability to invest in it sufficiently.
- Kenya's GDP in Massive Decline
- Panafrican News Agency (Dakar), 17 May 2001. The Central
Bank of Kenya (CBK) says that the country's economy
slumped during the last year, due to to shortfalls in supply
and increased costs, inefficient infrastructure and
weaknesses in major operations of agricultural cooperative
and other societies. CBK said the economy would nonetheless
soon recover because of the rebound in the agricultural
sector and the positive impact of structural reforms.
- Farmers' Fury Over Bad Roads
- By George Kiaye, The Nation (Nairobi), 17 May
2001. Lack of road repairs prevent shipment of agricultural
products to market. The farmers accused the government of
being insensitive to their problems.