Politics and policy
A textile factory at an EPZ. Kenya plans to set up a fully serviced
Textile City in the country as part of the ongoing efforts to revamp the
ailing textile industry that has suffered from lack of enough raw
material, following the collapse of the cotton sector. PHOTO | FILE
By GERALD ANDAE, gandae@ke.nationmedia.com
In Summary
- Agoa programme allows Kenya and other Sub-Saharan African countries to export identified goods at preferential terms to the US, exempting them from paying tax.
- The rise in Agoa exports helped lift employment in Kenya’s export processing zones to 37,758 workers, up from 32,932 in 2013 and 24,114 in 2010.
- The Agoa initiative is expected to end this year after the initial deadline of September 2012 was extended by the US law makers.