Moses Kuria wants China Square to exit Kenyan market
Trade, Investment and Industry Cabinet Secretary(CS) Moses Kuria now wants China Square to cease operations in the Kenyan market.
The CS through his Twitter revealed that he is in talks with Kenyatta University Vice Chancellor Prof. Paul Wainaina to buy out the lease for the retailer currently trading at Unicity Mall along Thika Road and hand it over to local traders.
“I have today given an offer to Prof Wainaina the VC Kenyatta University to buy out the lease for China Square, Unicity Mall and hand it over to the Gikomba, Nyamakima, Muthurwa l and Eastleigh Traders Association,” the CS stated.
Kuria noted that Chinese investors should not trade in Kenya.
“We welcome Chinese investors to Kenya but as manufacturers, not traders.”
China Square is the newest one-stop mall in the country. It has been gaining major traction from city dwellers and is currently among the most flooded retailer in Kenya.
Various Kenyans who have shopped in the mall say the new hub stocks a wide range of products and services including stationery, electrical appliances, furniture, makeup and accessories, home decoration items, and cleaning supplies, among many others.
I have today given an offer to Prof Wainaina the VC Kenyatta University to buy out the lease for China Square, Unicity Mall and hand it over to the Gikomba,Nyamakima, Muthurwa l& Eastleigh Traders Association.We welcome Chinese investors to Kenya but as manufacturers not traders— CS Moses Kuria (@HonMoses_Kuria) February 24, 2023
