The Kenya Private Sector Alliance (KEPSA) has urged both county and national governments to prioritize reducing business costs and improving critical infrastructure like electricity, water, roads, and waste management. KEPSA emphasized that the current business climate and operational costs are stifling productivity and hindering the potential for job creation and investment in various industries. Key challenges highlighted by the private sector include cumbersome licensing processes, corruption, and concerns over public security, all of which contribute to the unfavorable business environment.
Led by KEPSA, the business community is advocating for legislative measures such as the County Government Revenue Raising Process Bill and the Investment Promotion Facilitation Bill 2024. These bills aim to streamline regulatory procedures and enhance governance at the county level, thereby creating a more conducive environment for business growth and development. By addressing these issues, KEPSA hopes to foster an atmosphere where businesses can thrive, ultimately contributing to economic prosperity and sustainability across Kenya.
