Counterfeiting Cripples Economic Progress as It Increases by 14 Percent

 



The most common illegal commerce activity in Kenya is counterfeiting. According to the Anti-Counterfeit Authority's (ACA) 2020 National Baseline Survey on Counterfeit and Other Forms of Illicit Trade in Kenya, the total value of illicit trade increased to Sh826 billion in 2018, up 14% from Sh726 billion in 2017.

As a result of counterfeiting, members of the Kenya Association of Manufacturers (KAM) lose almost 40% of their market share.

Economic progress is negatively impacted by illicit trade. Ordinary people and respectable enterprises are the ones who suffer from these operations, even though they are orchestrated by criminals.

Along with denying citizens their access to authentic, high-quality products, it also endangers lives by flooding the market with inferior and, frequently, quite harmful goods. An illustration would be the use of fake alcohol, which has historically led to fatal consequences.

KAM is still collaborating with government agencies, like the ACA, to educate consumers about the existence of fake goods on the market and to promote coordination, collaboration, and interagency collaboration among the national enforcement organisations tasked with fighting different types of illicit trade.

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