This archive report was first published on 4 November 2019.
On November 4, 2019, President Uhuru Kenyatta addressed the 2nd American Chamber of Commerce US-East Africa Trade and Investment Forum at the UN Complex in Gigiri, Nairobi.
He emphasized the government's commitment to making Kenya a preferred investment destination in Africa, citing the country's ranking at position 56 in the world according to the latest World Bank Ease of Doing Business Ranking.
The President challenged the private sector to play its role in the fight against corruption by fully implementing its anti-graft code of conduct.
“While the means to fight corruption are entrenched in laws such as the Bribery Act 2016, the private sector, as a whole, should also ensure the Code of Conduct developed a few years ago to self-regulate and tackle business enterprises engaging in corruption, is implemented to the letter. It is only by working together we can be assured of conquering the corruption dragon,” the President said.
President Kenyatta assured investors that the intensified war against corruption will be sustained to rid the country of the vice and improve the environment for businesses to thrive.
He called on US companies to invest more in Kenya by emulating General Electric and Phillips, and expressed optimism that the newly agreed strategic partnership between the two countries will help lift trade volumes.
