ADVERTISEMENT
Africanian
  • News
  • News 24/7
  • Politics
  • Business
  • Health
  • Sports
  • Travel
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
No Result
View All Result
Africanian
No Result
View All Result
Home Business

Kenya: Local Traders Protest Against Chinese Competitors

Over a thousand Kenyan traders protested in the capital Nairobi on Tuesday against Chinese traders.

in Business, News, Politics
Reading Time: 2 mins read
0 0
0
Kenya: Local Traders Protest Against Chinese Competitors
0
SHARES
Share on FacebookShare on TwitterShare via Whatsapp

The demonstration have played out in the wake of controversy elicited by the coming of China Square retail outlet of general merchandise whose prices are on average 45 percent lower than those prevailing in locally owned enterprises, local media reports.

Read More: BEAC Calls Notice Towards “Legal Tender” of Old Currency Notes Within CEMAC

China is Africa’s top trading partner and more than 1 million Chinese are estimated to reside on the continent.

Kenya’s relationship with China was in focus during last year’s presidential election, won by William Ruto. Ruto promised to publish government contracts with China agreed upon under his predecessor and to deport Chinese nationals working illegally.

Dressed in dust coats used in their retail outlets, the traders marched to the office of the deputy president and to parliament to submit a petition against the Chinese retailers.

More

The World Bank Strengthens its Support to the Education Sector in Morocco

The United Kingdom Boosts Girls’ Access to Education in the DR Congo

The United Kingdom Defends Rwanda Asylum Plan

“The Chinese cannot be importers, retailers, wholesalers, and hawkers,” read one placard held aloft during the protest.

Trade Minister Moses Kuria has offered to take over China Square’s lease from its Chinese owner and hand it to local traders, but Korir Sing’oei, the principal secretary at Kenya’s ministry of foreign affairs, stressed on Twitter that all investors are welcome, irrespective of their nationality. Wu Peng, the top African official at China’s ministry of foreign affairs welcomed Sing’oei’s assurance on Twitter.

Read More: Africa’s longest River is Under Threat, Inciting a Domino Chain Reaction

China Square’s owner Lei Cheng has reportedly told a local newspaper that he was inspired to open the shop after finding the prices at a Nairobi supermarket to be exorbitant, Reuters reported.

Ruto followed through in November on his campaign promise to publish documents related to $3 billion in loans for a controversial Chinese railway built under his predecessor.

Source: Africa News
Africanian

Africanian

  • Trending
  • Comments
  • Latest
Dreams Talks: The Work Before the Harvest — A Conversation with Nekesa Were

Dreams Talks: The Work Before the Harvest — A Conversation with Nekesa Were

March 18, 2023
Dreams Talks: Elevating the Sudanese Ecosystem with Savannah

Dreams Talks: Elevating the Sudanese Ecosystem with Savannah

February 12, 2023
How to make Nigerian Okra Soup Recipe

Nigerian Okra Soup

May 17, 2020
The World Bank Strengthens its Support to the Education Sector in Morocco

The World Bank Strengthens its Support to the Education Sector in Morocco

March 20, 2023
The United Kingdom Boosts Girls’ Access to Education in the DR Congo

The United Kingdom Boosts Girls’ Access to Education in the DR Congo

March 20, 2023
The United Kingdom Defends Rwanda Asylum Plan

The United Kingdom Defends Rwanda Asylum Plan

March 20, 2023
Africanian

Copyright © 2022 Africanian.com.

Follow Us

No Result
View All Result
  • News
  • Politics
  • Business
  • Health
  • Sports
  • Entertainment
  • Tech
  • Travel
  • World

Copyright © 2022 Africanian.com.

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.