Battle for retail business hots up as Chinese traders eye pie of local market

While these imports from China have no doubt unsettled the small and medium-scale traders, eating into their profits, major retailers say these stores are complementary...
✨ Key Highlights
The retail business landscape in Kenya is intensifying as Chinese traders expand their presence, causing concern among local merchants. The opening of stores like China Square and Shiquo HiiStyle has particularly impacted traders in areas such as Kamkunji, Nyamakima, and Gikomba.
- When China Square opened its first store in 2023 at Unicity Mall, it sparked immediate backlash from the local trading community.
- The then Investments, Trade and Industry Cabinet Secretary Moses Kuria and former Deputy President Rigathi Gachagua had previously vowed to protect Kenyan traders.
- The emergence of Shiquo HiiStyle further exacerbated the competitive pressure on established local businesses.
Continue Reading
Read the complete article from The Standard Business