Having a strong and collaborative relationship between the Kenya National Chamber of Commerce & Industry (KNCCI) and the Council of Governors (COG) is crucial for the economic development and prosperity of the business community across all 47 counties in Kenya.
KNCCI participated in the 10th Devolution Conference held in Uasin Gishu County. The collaboration with the KNCCI Uasin Gishu Chapter and the active involvement of the Chairperson, Mr. Willy Kenei, in the conference planning shows KNCCI’s commitment to establishing and building a rapport with the County Governments.
The Chamber President Dr. Erick Rutto was a keynote speaker during the trade sector breakaway session whose main objective of this breakout session was to deliberate on effective strategies for enhancing Trade and investment at the county level with the aim of contributing to socio economic development.
The Chamber President in his remarks urged the County Governments;
- To embrace digitization can lead to improved efficiency and smoother business interactions.
- To harmonize levies, which will lead to consistent taxation practices, reducing confusion for businesses operating in multiple counties.
- To support in terms of capital, facilities, and research and development (R&D) efforts to foster business growth. Such support can play a vital role in enabling businesses to thrive.
- To support the textile sector as a means to create job opportunities. Value addition can enhance the competitiveness of local industries.
- Acknowledged county governments’ efforts in climate change, with private sector ready to contribute.
The session focused on the challenges facing SMEs ranging from inadequate access to credit, Market access, pending bills, inadequate skills, double taxation to multiple business licenses.
The discussions focused on the need to address these challenges by agreeing to:
- Work together as an ecosystem between the private sector and the government.
- Creating of favorable policies and review of business legislation
- Have impactful roundtable discussions with SMEs
- Creation of Market access and market linkages.
- Have a multisector approach while dealing with these challenges and issues.
- Creating a competitive Business Environment for the locals.
The panelists for the session were drawn from National and County governments, private sector and development partners.