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Kenya loses grip on business reforms
Nairobi City, at Dusk. A Business Leaders’ Confidence Index showed that investors considered Kenya unattractive./ Joan Pereruan
The business environment in Kenya has changed for the worse in the past 12 months, a new report indicates, pointing to increasing difficulties in accessing permits and rampant corruption.
The World Bank and its private sector-leaning arm, the International Finance Corporation (IFC), says doing business has become more difficult in Kenya causing the country to drop by 11 points in the global ranking of nations in terms of ease of doing business.
