Saturday, October 19, 2024

Kenya looking to improve ease of doing business

Kenya looking to improve ease of doing business
Kenya is seeking to improve on the ease of doing business i the country. This comes after Kenya was picked to chair the Ease of Doing Business Initiative (EDBI), an African organisation that seeks to facilitate doing business.
EDBI is an initiative of 23 African governments that seeks to open up trade among members. Mr Mohamed decried Kenya’s low ranking among countries that have put measures to ensure businesses are run easily. Kenya lies at position seven in Africa, with Mauritius being top and Rwanda second.
“Kenya has a strong middle class and vibrant private sector which should be increasing competition in the way business is conducted. The only thing that we need is to work on our infrastructure and loosen the requirements needed for opening businesses, to rank higher in the ease of doing business,” Cabinet Secretary for Trade and Industrialisation Adan Mohamed.

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