Enhancing Business Environment: Stakeholders Engage in Review of Business and Investment Laws in Kenya

The Permanent Secretary (PS) of the State Department spearheaded a crucial stakeholders' engagement session aimed at presenting and gathering additional insights on various business and investment-related laws. This collaborative effort seeks to review and enhance the effectiveness of key legislative acts, including the SEZ Act 2015, EPZ Act 1990, Investment Promotion Act 2004, Business Laws Amendment Bill 2023, and the proposed Kenya National Chambers Bill.

During the engagement, stakeholders from diverse sectors and industries were given the opportunity to provide their valuable input on the existing laws. The objective is to gather comprehensive feedback and suggestions that can contribute to the drafting process undertaken by the Institutional Technical Working Team.

Once the stakeholders' comments have been collected and collated, the Institutional Technical Working Team will proceed with the task of incorporating these insights into the drafting process. This inclusive approach ensures that the laws and regulations governing business and investment in Kenya reflect the perspectives and interests of all relevant stakeholders.

The stakeholders' engagement signifies the government's commitment to creating an enabling business environment and fostering investment opportunities in Kenya. By actively involving key stakeholders in the law review process, the government aims to ensure transparency, accountability, and relevance in shaping business-related legislation.