Industrialists eye cheaper loans to boost recovery

Kenya Association of Manufacturers CEO Phyllis Wakiaga. FILE PHOTO | NMG

Manufacturers have asked the State to ease importation of raw materials, relax operational restrictions and compel banks to lower lending rates as the country plans to reopen after three months of lockdown.

The industrialists also want the government to consider an emergency rescue package for businesses hard hit by effects of covid-19 control restrictions with suggestions to have direct monetary support to their employees kicked out of employment.

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