Trade and Industry Cabinet Secretary Moses Kuria says Kenya and China must trade within a framework that will ensure both countries win.
In a statement after China Square announced that it had halted operations this Sunday for evaluation of its strategy, the CS welcomed the move.
He said both Kenyan and Chinese business communities must create an environment in which both co-exist and compete favourably.
“We need nothing short of a win-win solution,” Kuria tweeted.
China Square on Saturday announced that they will be halting operations on Sunday to rethink their strategy following an uproar from a section of Nairobi traders.
“We regret to inform you that China Square Limited will be temporarily closed on Sunday, February 26, 2023,” the statement reads in part.
“Our commitment to providing you with the highest level of service remains as strong as ever, and we look forward to re-opening on Monday, February 27, with a renewed focus on meeting your expectations,” the retailer added,
Nyamakima and Gikomba traders met Deputy President Rigathi Gachagua last week during which they aired their concerns, among the China Square.
The business entity has been the talk of the town after reports went rife that it is selling commodities at a cheaper and affordable rate.
The reports have seen hundreds of Kenyans troop to Unicity mall owned by Kenyatta university to have an experience of China Square, a move that Kenyan traders felt will elbow them out of business.
On Friday, Trade CS Moses Kuria said that as much as Kenya welcomes Chinese investors, they were here as manufacturers and not traders.
He said he had held talks with the Kenyatta University Vice Chancellor Prof Paul Wainaina on the shop’s lease.
“I have today given an offer to Prof Wainaina the VC Kenyatta University to buy out the lease for China Square, Unicity Mall and hand it over to the Gikomba, Nyamakima, Muthurwa and Eastleigh Traders Association,” he said.
So much is happening with this government that ata hakuna time ya kudiscuss issue moja kama zingine hazijacrop up. We’ve already forgotten about the office of first lady prime minister Muzalia Mudavadi.
We’re in for a hectic 5 years
So our Kenya traders are too lazy to change with time until a new player comes into their space with a strategy that is different from theirs.
What if the locals lease such malls then customers wakose,ofcourse Njoroge ataweka mark-up kubwa
Good move Mr. Minister.
I was getting worried na vile niko na stock kubwa ya Sqny Tiifiis
Moses kuria himself imports mobile phones
Him and his nyamakima mirrionaires feel threatened.That kihall has been empty for years. Now that interested parties wamekuwa successful, nyamakima mirrionaires suddenly want to occupy it.reminds me .ushawai rent space ukafungua biz after it’s success… landlord akakufukuza akafungua biz exactly kama yako…hehe.ataware tawara
then customers wanafuata evictee.
I have seen this happen many times, watu hii Kenya yetu wana wivu sana.
Unafikiria bibi yake atakubali “first ladies” wapewe offices and waende functions awachwe?? Wanawake hukuwa demanding of “standards” sana and they hate being left out hata kama hakuna pesa. Lazima ademand ofisi so that she can hang out with other women mabibi za government honchos.
I can assure you hiyo nyumba ya MaDvD haikuwa inakalika before akubali hiyo office.
Leta hekaya mkubwa…
kwani bibi pressured you kupeleka wajunior Juja predatory school just like her middo crass pals…
Ni electronic?
The same kenyans who go opening kinyozi and other shops huko abroad ndio hawataki mchina afungue duka akiwa abroad hapa kenya.
Yep
But nimesoma hapa kwa Kijiji eti hizo products zinauzwa pale chinku square ni vitu za standards ya chini kumanisha utapata wateja wa zako kama ziko za standards ya juu
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The government is bullying the Chinese businessman simply because it has refused to build the local manufacturing industry. I actually hate this kind of thinking. This is xenophobia and racism combined. Ingekua ya Mkenya akuna mtu angeongea.
Typical bonoboish thinking