Zero rate LPG to curb illegal logging
Money & Careers
By
Jackson Bambo
| Mar 26, 2018
NAIROBI, KENYA: Forests are key to safeguarding critical water sources that support agriculture, wildlife habitat and mitigate against climate change, yet illegal human activities pose a threat to this national resources leading to loss of over 250,000 trees on daily basis. This led to the government to impose a 90 day ban on logging activities.
The recent 90-day logging ban by the government will lead to massive job cuts, high timber and charcoal prices by majority of the Kenyan population who depended on logging, saw-milling, timber transporters and charcoal burning.
The affected groups are those who worked as loaders, tree cutters (power saw operators), transporters, millers, charcoal dealers and those who work in the timber, tea, tobacco and real estate sectors.
The multi-billion forestry industry contribute about 3.5 percent which is roughly Sh7 billion to the Kenyan economy and that over the past 10 years this sector has been one of Kenya’s best employer employing 50,00 directly and over 300,000 indirectly.
READ MORE
Big win for Ruto as court clears path for sale of key State firms
PwC now seeks buyers for Koko Networks assets
Kenya Pipeline Company IPO extended by three working days
When fundamentals are stable but the patient is terrified
CMA extends Kenya Pipeline Company IPO deadline to February 24
Why services sector offers best bet for jobs, economic development
Beyond the cloud: How US firm has built muscle in the digital world
Win for Ruto as High Court okays privatisation of Kenya Pipeline Company
Kenya Forest Working Group now urges the national government to zero rate Liquefied Petroleum Gas and sensitise the citizens on alternative sources of energy and timber to reduce over reliance on charcoal and timber.