Ruto’s basket of goodies for US investors in Kenya
President William Ruto, US Ambassador to Kenya Meg Whitman (left) and American Chamber of Commerce board president Brenda Mbathi during the organisation's regional business summit in Nairobi. PHOTO | PCS
Kenya is considering tax relief measures to attract reluctant investors from the West. This week, Nairobi rolled out the red carpet for American investors even as the US government complained that corruption and lack of a transparent tax policy were discouraging interest in Kenya.
These issues emerged at the summit of the American Chamber of Commerce (AmCham) in Nairobi, where President William Ruto was among key speakers.