WILL KICOMI BECOME A CORNERSTONE OF KISUMU'S ECONOMY AGAIN??
As i walk in the compound of KICOMI today, from the worn out gate and a bored security man at the gate, the scene that welcomes me is that of a deserted place. One of the most known Cotton Mill company in Africa located along Busia way and from the look of the tarmac road, along where it is situated, transportation of cotton products to the market was easy. KICOMI was founded in 1964 with joint investor from the Khatau group of India and the Development Finance Company of Kisumu. By 1970's KICOMI had emerged as the most important cotton processing plant with its main goal of cultivating locally grown cotton and process it into textiles that was sold in market locally and globally. It provided employment opportunities locally and in the social economic development of Kisumu. Why Kisumu? A city where the sun rises and sets on the shores of Lake Victoria, for that matter it had the favourable climate that did not complicate the spinning process of converting cotton ...