The recent protests in Nairobi against the superstore China Square have highlighted Kenya’s dichotomy between dependency and foreign investment. China Square is a giant Chinese goods supermarket in the Unicity Mall owned by the University of Kenya. It was opened at the end of January and reportedly its taking seven on a bad day were US$77,000. Hundreds of local tradesmen and retailers who were selling similarly sourced Chinese products accused China Square of stealing their business through an unfair advantage, they held a protest resulting in China Square being temporarily closed.
Cabinet Secretary for Trade Moses Kuria suggested that China Square and Chinese investment had made unhealthy competition for entrepreneurs and small-scale traders. Many Kenyan businesses feel that Chinese-owned companies receive preferential treatment and are able to operate with fewer regulations and lower costs, disadvantaging their local equivalents.
The Chinese Embassy in Kenya issued a statement hoping for practical cooperation from the Kenyan government.
MrCheng Lei, the proprietor of China Square appeared before the Kenyan Parliamentary Departmental Committee on Trade, Industry and Cooperatives to explain China Square’s business model. He assured the Committee that China Square was transparent in its dealings and had no intention of harming local businesses. He said he believed in healthy competition for the benefit of all business stakeholders and called on co-existence with other businesses; China Square was reopened after a week of closure.
ãã®èšäºã¯ The Sunday Guardian ã® March 19, 2023 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ The Sunday Guardian ã® March 19, 2023 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã9,000 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
MG Windsor recorded 15,176 bookings on first day
MG Windsor EV, India's 1st Intelligent CUV, received a significant customer response minutes after the bookings commenced on Thursday, October 3, 2024, at 7:30 am.
HERO MOTOCORP SOLD 5.12 LAKH UNITS OF MOTORCYCLES AND SCOOTERS IN AUGUST
Hero MotoCorp, a manufacturer of motorcycles and scooters, sold 512,360 units of motorcycles and scooters in August 2024, the company informed the exchange in a filing.
Govt subsidies, falling battery prices to make EVs more accessible
Government subsidies and declining battery prices are making electric vehicles (EVs) more accessible even though they still have higher upfront costs than conventional internal combustion engine (ICE) vehicles, Axis Securities said in an analysis.
eHUB by MG app crosses 15,000 downloads in two months
SW MG Motor India today announced that it has achieved a milestone of 15,000 downloads for the eHUB by MG app since its launch on 6th August this year.
GOVT NOTIFIES PM E-DRIVE SUBSIDY SCHEME WITH RS10,900 CR OUTLAY
The central government notified the PM Electric Drive subsidy scheme with an outlay of Rs10,900 crore, which will be implemented from tomorrow, October 1, 2024, till March 31, 2026.
The all-new BMW M4 CS launched in India
The car will be available in the country as a Completely Built-Up (CBU) model and can be booked at the BMW dealership network.
SC dismisses review petitions on taxation of mines
The Supreme Court has dismissed petitions seeking a review of its landmark 9-judge bench judgment, which affirmed that states possess the authority to levy taxes on mineral-bearing lands and clarified that royalties on extracted minerals do not constitute a tax.
COURT PLACES ASHISH PANDEY IN CBI CUSTODY
A court in Kolkata has recently placed Sandip Ghosh, the former principal of RG Kar Medical College and Hospital, and suspended police officer Abhijit Mondal in 14-days of judicial custody.
MP HC dismisses plea of man booked for offensive post
The Madhya Pradesh High Court has dismissed a petition from a man seeking to quash an FIR related to an allegedly offensive post on his Instagram account targeting Lord Ram, Uttar Pradesh Chief Minister Yogi Adityanath, and Hinduism.
CJI reminds lawyer he's 'still in charge'
Chief Justice of India (CJI) DY Chandrachud, who is set to retire in November, reminded a lawyer on Thursday that he is \"still in charge\" despite his short remaining tenure.