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KEPSA DIRECTOR URGES SENATE TO CHAMPION BUSINESS-FRIENDLY POLICIES TO LOWER COST OF DOING BUSINESS

KEPSA Director Eng James Mwangi addressing senators and Captains of private sector industry 

By Erick Wanjala 

The Kenya Private Sector Alliance (KEPSA) led by its Director Engineer James Mwangi has called on lawmakers to ensure that all policies and legislation are carefully crafted to reduce the cost of doing business and create a more competitive investment environment in the country.

Speaking before the Senate Liaison Committee, chaired by Senator Kathuri Murungi who is also the deputy speaker of the house, under the theme of enhancing county competitiveness KEPSA director Eng Mwangi emphasized on the need of progressive laws and policies aimed at improving the business environment, strengthening governance, and facilitating both local and foreign investment.


While addressing senators  during the high-level engagement, captains of industry led by the KEPSA Director Eng Mwangi appreciated the effort made by the Senate in crafting laws that are operational and consumer friendly he welcomed the move by the Senate to have a joint session within the next 6 months with stakeholders to track the progress on other pending legislations.


"The true measure of success lies not in the existence of legislation but in its implementation therefore a  conducive policy and regulatory framework will not only lower the cost and ease of doing business but also stimulate investment." Eng Mwangi stated.

The meeting brought together senators, business leaders, and representatives from various sectors of the economy to deliberate on measures that can accelerate economic growth while safeguarding the interests of investors and consumers.

In addition the KEPSA director urged the Senate to embrace continuous stakeholder consultations before the enactment of laws affecting businesses. He argued that inclusive policymaking helps identify potential challenges early and ensures that legislation supports rather than hinders economic activity.
Senator Kathuri Murungi Chair of Liaison committee and Deputy speaker of the Senate 

Senator Murungi welcomed the recommendations from the private sector, reaffirming the Senate's commitment to fostering constructive engagement with industry players. He noted that Parliament plays a critical role in ensuring that legislation promotes economic prosperity while protecting public interests.

"Fifteen years into devolution, counties remain the engines of our economic growth. Yet, too many investors still face unpredictable licensing regimes. We must fix the red tape that is choking our counties if we are to unlock their full potential." Hon. Sen. Kathuri Murungi

Nonetheless Captains of industry present at the forum echoed KEPSA's sentiments, calling for stronger public-private partnerships to address emerging economic challenges and unlock new opportunities for growth.

Particularly the discussions come at a time when Kenya is pursuing ambitious economic reforms aimed at boosting productivity, enhancing industrialization, and positioning the country as a leading investment destination in Africa.

Stakeholders expressed optimism that sustained dialogue between lawmakers and the private sector will help shape policies that reduce operational costs, increase business confidence, and accelerate the country's economic transformation agenda.

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