Tobias Alando, who is a month old as the chief executive officer of the Kenya Association of Manufacturers (KAM), faces the daunting task of turning around the fortunes of an economic sector in dire straits.
The latest data by the Kenya National Bureau of Statistics (KNBS) shows that the sector growth slowed to 2.3 percent in the quarter to September 2024, down from 2.8 percent the previous year. Industrialists cite the recent wave of punitive tax measures and high costs of production for the dismal performance.
