Multinational companies close shop as Ruto buries head in sand

Kenya has, over the past decade, resembled a graveyard for both local and foreign companies. Despite Kenya Kwanza’s pledge to create a more conducive environment for business, its 34 months in power have witnessed intensified closures and scaled-down operations among firms, leading to job losses and eroded confidence in Kenya as an investment destination for businesses scouting for opportunities.

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