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Kuria to take charge of Ruto’s promise to boost trade, investment

Kenya Kwanza promises to prioritise sectors with highest potential to create jobs

In Summary
  • Numerous regulations and the tax regime have been seen to hinder manufacturing competitiveness.
  • Government promised to reduce regulatory burden, raise investment for industry and provide goods for manufacturing.
Former Gatundu South MP Moses Kuria.
Former Gatundu South MP Moses Kuria.
Image: FILE

Former Gatundu South MP Moses Kuria will drive Kenya Kwanza’s promise to increase the competitiveness of the local industry as Trade, Investment and Industry Cabinet Secretary.

During campaigns, President William Ruto told Kenyans his administration will prioritise sectors with the highest potential to create jobs.

To increase Kenya’s exports, he said his government will implement the National Tax Policy and increase value addition in all primary exports and reduce the regulatory burden on the manufacturing sector.

During Kenya Kwanza economic forums, it emerged that numerous regulations and the tax regime continue to hinder manufacturing competitiveness.

Kuria is expected to guide Ruto’s plan to raise the export intensity of manufacturing, reduce the regulatory burden, raise investment for industry and provide public goods for manufacturing.

He is also expected to drive counties’ industrial competitiveness and institute effective and pro-industry taxation structures and fully implement existing manufacturing-centric policies.

After losing the Kiambu governor race, Kuria had indicated that he was heading back to the private sector after eight years of service as MP.

Kuria has previously faced hate speech charges in court, an issue that might come up during vetting by MPs on Tuesday.

He has also been caught on national television using vulgar language.

Kuria was acquitted by a Milimani court after a local TV presenter withdrew assault charges against him.

Kuria started his education at Githuya Primary School. He then joined Ituru Secondary School. The former MP pursued his undergraduate degree in Bachelor of Commerce at the University of Nairobi.

(Edited by Tabnacha O)

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