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Originally published by Kenyanstop
June 17, 2026
2h ago
Over 1,000 CEOs Issue New Demands to Ruto Over Taxation and Inflation
The CEOs demands come at a time when Kenyan firms continue to grapple with slower growth in sales and demand compared to the first quarter, largely due to reduced consumer spending and delayed payments...
✨ Key Highlights
Over 1,000 CEOs are urging the Kenyan government to take immediate action to alleviate the high cost of doing business, ease credit conditions, and boost private sector liquidity.
- A key concern is the need to reduce operational costs, improve transparency in credit pricing, and expand access to affordable financing.
- These sentiments were captured in the Central Bank of Kenya (CBK) CEOs Survey for May 2026.
- Despite cautious optimism, firms are grappling with elevated inflation, rising energy costs, and tight credit conditions, impacting profitability and investment decisions.
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