Only four in every 10 foreign companies operating in Kenya plan to reinvest and expand within the medium term to 2026, underlining the impact of rising energy tariffs, new taxes, and policy uncertainty on the majority of firms.
A freshly-published foreign investment survey report shows that 39.5 percent of foreign firms expressed an intention to broaden their operations in the three years starting 2023, while 25 percent said they would diversify, and 30 percent others hinted at maintaining their prevailing levels.
