By John Kariuki
The Kenya National Chamber of Commerce and Industry (KNCCI) is intensifying efforts to strengthen the relationship between the government and the private sector to create a more business-friendly environment and drive economic growth.
KNCCI President Dr. Erick Rutto held a productive meeting with the Rural Electrification and Renewable Energy Corporation (REREC Mashinani) to explore ways in which the chamber can act as a bridge between the government and private enterprises. The discussions centered on key areas such as business empowerment, financing, and leveraging international expertise to enhance the competitiveness of Kenyan enterprises.
Dr. Rutto emphasized the importance of empowering local companies by strengthening their capacity, improving access to financing, and advocating for policies that enable sustainable business growth. He highlighted the challenges that small and medium enterprises (SMEs) face in securing affordable financing, stressing the need for innovative funding structures that support entrepreneurship and expansion.
Another critical aspect of the discussions was the role of international expertise in strengthening Kenya’s private sector. Dr. Rutto underscored the benefits of learning from global best practices, forming strategic partnerships, and integrating advanced technologies to enhance productivity and market reach for Kenyan businesses.
As KNCCI continues to champion the interests of businesses across the country, Dr. Rutto reaffirmed the chamber’s commitment to advocating for policies that reduce regulatory barriers, create investment-friendly conditions, and support economic transformation. He noted that collaboration between the government and private sector stakeholders is essential in ensuring sustainable economic development and fostering long-term growth.
With continued engagements with key agencies and industry leaders, KNCCI remains dedicated to building a dynamic, innovative, and globally competitive business environment that will propel Kenya’s economy to greater heights.