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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Treasury CS Defends e-GP Rollout Citing Improved Transparency - June 2026
Treasury Cabinet Secretary John Mbadi has strongly defended the Electronic Government Procurement (e-GP) system, highlighting its role in transforming public procurement by boosting transparency, efficiency, and accountability across government levels. Treasury Cabinet Secretary John Mbadi has assured county employees that their June salaries will be paid on time, despite reported delays in Exchequer releases due to a cash crunch. Over 1,000 CEOs are urging the Kenyan Kenyan government to take immediate action to alleviate the high cost of doing business, ease credit conditions, and boost private sector liquidity.
