DP, Tatu City leaders explore investment growth, coffee sector reforms

 

NAIROBI, Kenya, Aug 12 — Deputy President Kithure Kindiki has met senior leadership from Tatu City to discuss boosting Kenya’s investment climate through mixed-use Special Economic Zones (SEZs) and reforms aimed at taking the country’s coffee brand global.

The meeting, led by Stephen Jennings, CEO and founder of Rendeavour — Africa’s largest city builder and owner of Tatu City — brought together key government officials, including Investment PS Abubakar Hassan Abubakar, Special Economic Zones Authority CEO Dr. Kenneth Chelule, and directors from the Agriculture and Food Authority (AFA).

Tatu City, one of Kenya’s largest coffee producers and the biggest miller of Kenyan coffee, pledged to partner with the government to enhance value addition, expand export competitiveness, and promote the Kenyan coffee brand internationally.

“The Kenyan coffee brand has unmatched potential,” Jennings said. “By combining the efficiency of SEZs with strategic partnerships, we can take it to the world while creating more opportunities locally.”

The Deputy President welcomed the discussions, reaffirming government commitment to SEZ policy growth, investment promotion, and revitalizing the coffee sector.

Located on Nairobi’s outskirts, Tatu City hosts more than 100 companies and has attracted over Sh400 billion in investments from local and international players, including Emirates Logistics, Heineken, Dormans, Naivas, NCBA, and the World Bank.

Firms operating in the SEZ enjoy tax and duty incentives, including a 10 percent corporate tax rate for the first decade, 15 percent for the next 10 years, VAT zero-rating, and exemptions on import and stamp duties.