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Tourism Fund CEO Resigns Amid Ksh81.8 Billion Loss

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Nyakundi Report

Newsroom 1 min read

This archive report was first published on 2 July 2020.

Kenya Tourism Fund CEO Joseph Cherutoi and Corporate Services Director Eric Kiplagat have resigned, leaving the tourism sector reeling from the impact of Covid-19.

According to an internal memo, the board of trustees met on July 1, 2020 to deliberate on the developments and appoint an acting CEO.

Cherutoi's exit comes as the country grapples with a Ksh81.1 billion loss in revenue, with Tourism CS Najib Balala stating that 3.1 million employees had been affected.

Speaking in Nairobi where he launched the Tourism and Travel Health and Safety Protocols, Balala noted that the protocols were aligned with WHO and the UNWTO reopening guidelines.

Kenya was among the top destinations in Africa to receive the World Travel & Tourism Council Safe Travel Stamp, a good signal for the industry on resumption of international travel.

President Uhuru Kenyatta, Tourism Fund CS Najib Balala and former Tourism Fund CEO at the launch of the Ronald Ngala Utalii College Hotel in Kilifi County

The government allocated Ksh500 million to the tourism industry as part of its measure to accelerate recovery from the impacts of the Covid-19 pandemic.

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