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October 1, 2026
57m ago

World Bank Warns Kenya Over High Taxes, Bribery Affecting Businesses

World Bank Warns Kenya Over High Taxes, Bribery Affecting Businesses

According to the World Bank's report, about one-third of all companies surveyed reported receiving requests from Kenyan authorities to py bribes...

✨ Key Highlights

The World Bank has identified multiple taxes, bribery, and regulatory hurdles as significant challenges hindering private sector investment in Kenya, according to a new report.

  • One-third of surveyed companies reported requests for bribes, highlighting governance weaknesses.
  • The World Bank's Private Sector Diagnostic report details issues including multiple national and county taxes, frequent tax changes, and concerns over unfair treatment.
  • High utility costs, unreliable services (particularly electricity and water), licensing challenges, and unclear land ownership further impede business operations.

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