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Digitised transactions law to boost ease of doing business
Files at the Ministry of Lands’ central registry in Nairobi in March 2018. FILE PHOTO | NMG
President Uhuru Kenyatta assented to the Business Laws Amendment Act on March 19. The new law is aimed at enhancing the ease of doing business in the country.
The World Bank’s Ease of Doing Business Index 2020 ranks Kenya at number 56. This is an improvement from 2019, 2018, 2017 and 2016 where Kenya was ranked 61st, 80th, 91st and 108th respectively. Rwanda (38th) and Morocco (53rd) are the only African countries ranked ahead of Kenya.