Student leaders from Kenyatta University have come out to condemn Trade Cabinet Secretary Moses Kuria for shutting down China Square.
In a joint statement issued on Monday and read to the press by Thiong'o Muiruri, secretary general of the KU students' association, they warned against the closure of China Square, stating that the retailer should be allowed to carry on with business as usual.
The student leader also faulted the government for neglecting Unicity Mall for years only to realize its usefulness once the Chinese investor had put it to good use. They observed that the mall has been underutilized for years.
“If the government wanted to support local businesses, it would have done so long ago, but the Unicity Mall has been underutilized for decades. Let china square be; Moses Kuria ought to be more knowledgeable on the multiplier effects of FDIs,” read part of their statement.
China Square issued a statement to the public on Saturday, noting that it had decided to close its doors on Sunday in order to re-evaluate its business model.
However, CS Kuria issued a statement noting that he had met with Prof. Paul Wainaina, vice chancellor of Kenyatta University, and held discussions concerning the takeover of Unicity mall, where China Square is located, by local traders.
According to Kenyans on social media, the square has everything you could desire for the most economical costs. Traders had started traveling from far to go and shop at China Square owing to its cheaply priced goods.
Kuria made it plain in a statement on Friday that while the nation welcomes Chinese investors, they are here as manufacturers rather than dealers. Kuria wants the Kenyatta University Vice Chancellor to buy the Unicity Mall lease and share it among local traders.
Content created and supplied by: BrightonM (via Opera News )
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