Kenya hit by rise in hide smuggling
12/02/2018
The chief executive of the Kenya Leather Development Authority, Dr Issack Noor, explained that the Kenyan government has increased export tax from 40% to 80% to encourage domestic value addition. This has increased smuggling, however, which is affecting tax revenue.
Kenya has made the leather industry a central part of its new five-year economic plan. It aims to create 50,000 new jobs in the sector and increase export revenue by $500 million by 2022. It also wants to grow domestic shoe production to 20 million pairs and establish 5,000 new cottage industries.