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Originally published by Capital Business
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business
August 3, 2026
2w ago

Ruto says Kenya on track for upper middle-income economy

Ruto says Kenya on track for upper middle-income economy

He said such an economy would ensure creation of millions of jobs, production of enough food for domestic consumption and export, and implementation of universal healthcare...

✨ Key Highlights

President William Ruto has expressed confidence that Kenya can achieve upper middle-income status within the next 10 years and aspires for a first-world economy in one generation.

  • The President stated this vision during a meeting with members of the Friends Church (Quakers) at State House Nairobi.
  • He highlighted the importance of a broad national vision, comparing it to the process for Constitution 2010.
  • President Ruto pointed to the government's achievements in affordable housing, universal healthcare, and education as evidence of progress.

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Part of the Day's Coverage

Ruto Says Kenya on Track for Upper Middle-Income Economy - August 2026

President William Ruto has expressed confidence that Kenya can achieve upper middle-income status within the next 10 years and aspires for a first-world economy in one generation. Small and medium-sized enterprises (SMEs) in Kenya are simultaneously being urged to prioritize workforce development as a crucial strategy to combat youth unemployment and foster economic growth. Airtel Money Kenya has launched Bizna Wallet, a new digital tool designed to help SMEs separate their business and personal finances. ALP REIT has announced its first profit of Sh29.9 million following its listing on the Nairobi Securities Exchange (NSE) in March, and is now planning its fourth property acquisition.

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