Kenyans urged to invest locally to drive economic growth
Speaking in Nairobi, Equity Group Managing Director and CEO Dr. James Mwangi said while foreign investment remains important, local participation is critical to building a resilient economy. Kenya breaking news | Kenya news today |..
✨ Key Highlights
Kenyans are urged to boost local investment and trade to drive economic growth, with a focus on increasing domestic participation alongside foreign investment for a resilient economy.
- Equity Group Managing Director and CEO Dr. James Mwangi emphasized that strong domestic savings and investment are critical for sustainable development.
- President William Ruto has called on ambassadors to promote Kenya as a credible investment destination and unlock new markets.
- The initiative aligns with Kenya's stepped-up economic diplomacy under the African Continental Free Trade Area framework, aiming to boost trade flows for SMEs.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Kenya Airways Faces Fuel Pressure Amid Red Sea Shipping Threats - March 2026
Kenya Airways is facing significant pressure from rising jet fuel costs and supply uncertainties, with current fuel reserves covering approximately 50 days. The Houthi movement in Yemen has begun targeting shipping in the Red Sea, posing a potential threat to global trade and potentially widening the conflict with Israel and its allies. This Red Sea shipping threat could further disrupt fuel supply chains affecting airlines like Kenya Airways. Meanwhile, Kenyans are urged to boost local investment and trade to drive economic growth, with a focus on increasing domestic participation alongside foreign investment for a resilient economy.
