How Kenyans can take up space left by exiting global firms

Kenyan firms can take up the space left by exiting multi-nationals given its innovation status.

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Sometime in 2017, one multinational indicated that the Kenyan retail sector was a retailers’ paradise growing at 13 percent every year with a total spend amounting to Sh1.8 trillion.

Fast forward, the same entity is plotting its way out due to declining sales and a high cost of doing business. Matter of fact, several are egressing.

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Note: The results are not exact but very close to the actual.