Kenya, UK hold workshop to improve business regulation

Kenya and the UK have
joined forces to hold a three-day workshop for Kenyan officials to improve
regulations that underpin the running of businesses in Kenya.
The event, held in Nairobi,
aims to address the challenges businesses face while operating in Kenya and
targets both homegrown and those looking to establish themselves in the
country.
It will also provide
Kenyan officials with the tools to better regulate the way businesses can
operate in the country by learning how these are applied and implemented in the
UK.
Increased efficiencies
in this space would also boost intra-African trade through increased compliance
with the African Continental Free Trade Area (AfCFTA).
Speaking on Tuesday on
the first day of the workshop, Richlove Mensah, Director of Trade and
Investment for Kenya and Regional Director for East Africa, said, “Kenya must
seize its economic potential and introduce rapid reforms to regulation that
will unlock jobs and economic growth - ultimately putting mores shillings in
the pockets of the people.”
“We want to capitalize
on a bumper year of trade through this excellent and timely UK-Kenya
partnership. The UK is listening to the challenges, and we are applying our
regulatory excellence to help deliver the solutions as a long-term partner for
Kenya – we go far when we go together.”
Dr Walter Ongeti, the Chief
Executive Officer at the Kenya Accreditation Service
(KENAS), said:
“Accreditation plays a
vital role in ensuring regulatory reliability, fostering trust by guaranteeing
competence, impartiality, and compliance with international standards.”
British businesses
have reported that the challenging operating environment is the main barrier to
business operations in Kenya, along with power outages and high electricity
costs.
The challenges cited
include onerous import procedures, a complex tax regime, and local ownership
requirements in some service sectors, including the insurance sector.
According to KENAS,
Kenyan businesses also face a complex regulatory landscape that frequently
changes, meaning businesses may struggle to stay up to date with evolving
requirements while also achieving accreditation.
KENAS says regular
training, assessments, and upskilling are necessary to meet evolving
accreditation requirements.
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