Browsing: Anti Counterfeit Agency(ACA)

Kenya is losing over KSh100B ($939.2 million) in revenue to counterfeit businesses annually, according to a recent report.  

The report released by the Anti-Counterfeit Authority (ACA) prepared to determine the extent and magnitude of illicit trade noted that between October 2019 and February 2020, government revenue lost in 2018 stood at KSh102.99 billion ($967.3 million) up from KSh101.23 billion ($$950.78 million) in 2017. 

The hardest hit is the manufacturing sector which is under a crippling threat.  The situation got so bad that President Kenyatta issued a warning to importers tryi...

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Kenya Association of Manufacturers (KAM) and the Anti-Counterfeit Authority (ACA) have launched a sensitization program targeting counties to combat counterfeiting and other forms of illicit trade in the country.

The program is expected to help curb the heightened level of illicit trade in the country costing the country billions of shillings.

Speaking during the event, KAM Chief Executive, Ms Phyllis Wakiaga, the vice has grown to great proportions in recent years, threatening our economy and the realization of a number of the country’s development goals, including the Big 4 Agenda.

“KAM will continue to work closely with both National and County Governments in order to address the menace of illicit trade which threatens the health and safety of all citizens, undermines national and regional security, destabilises economies, increases the cost of public health, sabotages tourism, stunts innovation, and offers a haven to organised crime and trafficking,” said Ms Wakiaga.

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