China issue demands to Kenya after Kuria’s remarks
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Chinese investors in Kenya call on the government to guarantee a conducive business environment following the indefinite closure of China Square
Chinese investors in Kenya call on the government to guarantee a conducive business environment following the indefinite closure of China Square.
In a statement released on February 26 by the Kenya Chinese Chamber of Commerce (KCCC), the investors referred to comments made by Moses Kuria, the trade cabinet secretary, that aimed to force the owner of China Square out of business.
The Chamber observed that none of the parties involved were consulted before the remarks were made.
The KCCC pointed out that the comments were against Kenya’s aim of promoting a fair and impartial environment for trade and investments.
“We feel discriminated against and don’t sit well with the remarks of the Cabinet Secretary for Investments, Trade, and Industry to Kenyatta University Vice Chancellor to buy out the lease for China Square at the Unicity Mall.
“This was uttered without any further consultations from all parties involved and not considering the repercussions of such statements which are contrary to Kenya’s investment promotion and protection regime that has always been equitable, non-arbitrary, and non-discriminatory,” the statement read in part.
The Chinese investors argued that their role in employment creation and contribution to the Kenyan economy is aligned with the Kenya Kwanza manifesto which seeks to lower the cost of living in the country.
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“We are therefore requesting the Government of Kenya for a healthy environment to enable us to do business and trade in peace and contribute to Kenya’s growth and development through employment creation and contribution to Kenya’s tax revenue.
“The Chinese Nationals are open to working and collaborating with Kenyan traders to lower the cost of living for Kenyans. Our goal is not to compete but rather, to develop our economies,” the statement read in part.
The declaration was made in the midst of the debate surrounding China Square, which had shaken up the market since its debut by causing the majority of traders to turn their support to Chinese-based commerce.
Despite its ongoing success, the management of China Square announced an indefinite closure after reviewing its business strategy.
China Square ascribed the decision to three main problems, including concerns about public safety, a lack of cash registers, false claims, and unreasonable demands made by clients on social media.
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