The Nairobi Times Newspaper of January 25, 1983, Issue No. 373

Volume Ref: NT_1983_M008780

  • The government has abolished the system of advance import deposits and has therefore withdrawn the exchange control circular requiring advance import deposits with effect from January 31,1983.
  • This was said by the governor of the Central Bank of Kenya Mr.Philip Ndegwa,at a joint meeting with representatives of the Kenya Association of Manufacturers (KAM) and the Kenya National Chamber of Commerce and Industry .