Thursday, 14 December 2023

Ruto Vows to End Leather Imports, Hints at Shoe Tax Hike to Boost Local Industry

Kimalel, Baringo County: President William Ruto has sent shockwaves through the shoe industry, declaring a potential import ban on leather within three years and hinting at increased taxes on imported footwear. These drastic measures, announced during a goat auction in Baringo County, aim to propel Kenya's domestic leather manufacturing and create value for the nation's livestock sector.

"After three years, we will not import any shoes from other countries," Ruto said, his voice unwavering. "If somebody cannot buy a shoe made with the skin of a Kenyan cow, they can walk barefoot... no problem. Or we can increase tax so that we collect more revenues."

The President's words were met with a mixture of cheers and apprehension. Farmers and local manufacturers lauded the potential boost to their livelihoods, while some consumers expressed concern about rising shoe prices under a potential import ban or tax hike.

Ruto, however, emphasized the long-term benefits of his vision. "We are not going to beg anybody to buy our products," he declared. "We are going to create them, add value, and then Kenyans will buy them." He pointed to the government's plans to establish a large leather manufacturing plant in Naivasha as a key step towards self-sufficiency in the sector.

The President reiterated his call for Kenyans to embrace the "Buy Kenya, Build Kenya" slogan, arguing that it is crucial for economic growth and job creation. "If we all put our hearts together, we can make Kenya a manufacturing hub," he asserted. "We have the capacity, the resources, and the talent."

Ruto's announcement undoubtedly marks a significant shift in the government's approach to the leather and footwear industry. Whether the potential ban and tax increase materialize, and if so, how effectively they drive the desired outcomes, remain to be seen. One thing is certain: these bold steps have ignited intense debate, sparking conversations about Kenya's path towards economic independence and its reliance on imported goods.


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