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The Common Market For East and Southern Africa (COMESA) turns focus to leather sector
Wednesday, 25th May, 2011
The leather tanning industry in the COMESA region is being reviewed with help from international agencies with the idea of propping up one of the country’s latent hot spot sectors.
The leather and leather products sub-sector are part of the agriculture sector that accounted for about 30% of the national GDP.
It is estimated that adding value to unprocessed hide and skin to the stage when it is dry leather can bring about 600% value transformation.
This means if one bought raw leather at sh1,700 and is processed and exported as a finished product, the country would earn sh10,220 or a profit of about sh8,500.
The New Vision Newspaper
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