Kenya Economy to Grow to 5.6 Per Cent This Year
THE Kenyan economy is expected to rise to 5.6 per cent by the end of this financial year, National Treasury Secretary Henry Rotich has said.
Last year, the growth reached 4.6 per cent up from 1.6 per cent in the year 2008 after it went drastically due to the 2007 post election violence.
Wood carving in Kenya
Wood-carving is an industry that provides income to many households through trade of prized wooden artifacts.
It is estimated that over 6,000 wood carvers in Kenya are engaged in this business with over 250,000 people economically dependent on this growing trade
Dire Shortage Of Timber Forcing Merchants To Import Commodity
He reveals that the Kenya Forest Service (KFS) has generated plantation logging plans, and is in the process of completing an inventory that will establish the extent of forest plantations in Kenya.
This plan he says, may help increase the forest cover that currently stands at 312,500 acres that comprises 6 percent of the gazetted forests in the country.
Read more: Dire Shortage Of Timber Forcing Merchants To Import Commodity
Sawmillers lobby seeks fair tendering
Small sawmillers have formed an association to enable them push for fair awarding of logging tenders in gazetted forests by the Kenya Forest Service.
The Timber Traders Association, made up of members who have decamped from the chief Timber Manufacturers Association, targets to register more than 1,000 members across the country.
