Kenya: Counterfeits Costing Kenya Sh60 Billion Per Year
FAKE products are costing the country Sh60 billion annually in lost revenue, the Kenya National Bureau of Statistics has said. Newsly appointed Kebs chairman Lucas Maitha said yesterday that trade of counterfeits has become rampant leading to huge losses in the economy. Consequently, he said, Kebs has stepped up the war on illegal and fake goods by appointing a 50-member team which will conduct market surveillance in all counties.
Maitha was speaking during a meeting with the business community in Kilifi.
http://allafrica.com/stories/201505060136.html
Related Posts
Delhi Police busts gang producing fake pesticides, 4 arrested
The raid, conducted by the Special Staff of Outer North District, resulted in the...
Gold smuggling racket busted in Kochi: Role of film stars suspected
An incident that came to light as a one-off crime report last week in Kochi has...
Neither an Authentic Product nor a Counterfeit: The Growing Popularity of Shanzhai Products in Global Markets.
Counterfeits have been a longstanding concern to global brand manufactures....
Life has come to standstill in India’s counterfeit capital
KOLKATA: While people in the rest of the country are queuing up outside banks for...