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Originally published by The Standard Business
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April 20, 2026
4h ago

CEOs urge State relief package as Iran war drives up firms' costs

CEOs urge State relief package as Iran war drives up firms' costs

Kenyan CEOs are urging the government to introduce tax relief and subsidies as the Iran conflict drives up fuel and production costs, according to Central Bank of Kenya surveys...

✨ Key Highlights

Kenyan CEOs are appealing to the Kenyan government for a relief package, including subsidies and reduced employee taxes, to mitigate the impact of rising costs stemming from the conflict in Iran.

  • The surge in fuel and import costs is directly attributed to the Iran war.
  • Key figures include President William Ruto, whose administration is being urged to act.
  • The requested measures aim to shield businesses from escalating operational expenses due to the geopolitical conflict.

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