Increase in counterfeited goods and intellectual property theft has threatened to derail Kenya’s plans to grow the manufacturing sector to the gross domestic product from the current nine to 15 percent output in five years.
The Anti-Counterfeit Agency has this year alone nabbed contraband worth 1.7 billion shillings.
Manufacturers are calling on the government to ensure the local content law is implemented to increase uptake of locally made goods and services.
During his swearing-in President Uhuru Kenyatta outlined an array of strategic policies that will push the manufacturing sector’s contribution to GDP from the current 9% to 15%.
Among them, was a reduction of power tariff by half for firms that operate at between 10pm and 6am.
And while the government promises to find new markets for Kenyan good and enhance value addition, manufacturers are hit with increased cases of intellectual property infringement and counterfeits, which also denies the economy 70B shillings annually in taxes.
Globally, at least 65 trillion shillings is lost to counterfeits.
The Anti-Counterfeit Agency is calling for a joint coordination at the points of entry into Kenya and stiffer penalties to arrest the increasing cases of fake goods.
Manufacturers are calling on the state to be firmly apply the 30% local content regime especially among government agencies.
They were speaking during ACA forum with manufacturers, and innovators on intellectual property right protection to counter the illicit trade.