By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Foreign Affairs PS Korir Differs With CS Moses Kuria On China Square Fiasco
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > Business > Foreign Affairs PS Korir Differs With CS Moses Kuria On China Square Fiasco
BusinessNews

Foreign Affairs PS Korir Differs With CS Moses Kuria On China Square Fiasco

new5nuke
Last updated: February 27, 2023 3:21 pm
new5nuke 2 years ago
Share
SHARE

Foreign Affairs Principal Secretary Korir Sing’oei has differed with Trade and Diaspora Affairs Cabinet Secretary Moses Kuria over his China Square supermarket stance.

CS Kuria issued a deportation warning to the owner of the mall at Kenyatta University, Lei Cheng.

He had stated that the government is ready to facilitate the investor set up a manufacturing plant in Kenya as opposed to running a wholesale or retail
business competing with locals.

However, on his twitter handle, Sing’oei told foreign investors not to be apprehensive because the country’s investment regime is non-discriminatory.

“No lawful investment actor irrespective of their nationality- should be apprehensive because the country’s investment regime is non arbitrary and non-discriminatory,” he said.

His sentiments come even as the China Square management announced a closure of the business until further notice to address the rising challenges.

Belgut Member of Parliament who also differed with the Trade CS indicated that the decision which will remove the competitive advantage in the country will be detrimental to the country’s economy.

“Investment can go anywhere. The governments job is to attract it. As soon as we start implementing the laws haphazardly or to suit a certain narrative, we totally lose our competitive advantage,” he said.

READ MORE  Renowned drug dealers are apprehended by DCI using expensive international marijuana.

The decision also sparked controversy among Kenyans online who accused the government of mishandling the issue in what could discourage foreign investment in the country.

Lawyer Ahmednasir Abdullahi who also spoke out on the issue indicated that Kenyan policies should not have “a racist” undertone and that CS Kuria was obviously wrong in his onslaught against Lei Cheng.

“CS Moses Kuria is obviously wrong in his onslaught against Mr Lei Cheng of China Square. ‘Kenya is open for business’ is Kuria’s mantra, yet he is at war with Cheng for succeeding in his business model (selling cheapest),” Abdullahi tweeted on Sunday.

China closed indefinitely on Sunday after Chinese businessman Lei Cheng announced the move hours of escalating drama following deportation threats by Trade Cabinet Secretary Moses Kuria.

“As a supermarket, we are unable to handle the high volume of traffic, which has become a severe concern for the public safety of all our customers, we are arranging more security guards onsite,” China Square said in a statement.

 

 

 

 

 

 

READ MORE  Gachagua Claims Money Was Taken from CBK, Deposited in Private Bank: "Weakened the Shilling"

You Might Also Like

The sincere plea Njambi Koikai made to Ruto a few weeks before to her passing

Court to determine if Keroka boundary is in Kisii or Nyamira County

South Africa says ‘will not let up’ support for DR Congo

Woodley residents protest night demolition, claim they were excluded from decisions

Kenya takes part in Vienna nuclear safety talks

Share This Article
Facebook Twitter Email Print
Previous Article 22-Year-Old Man Killed By Hippo In Kajiado
Next Article KDF rescues 98-yr-old Veteran
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • The champions host Mikel Arteta’s side this afternoon.
  • Bangladesh bans activities of ousted PM Hasina’s party following protests
  • Court will give me justice; Gachagua says after illegality found in his removal process
  • 🎙️Thierry Henry: “Tomorrow in Montjuïc, Barcelona will clinch the title and prove to the world who is the best!”
  • Columbia University suspends more than 65 students over library occupation

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?