Kenyan president orders shutdown of foreign-owned small business

Premium Times Nigeria | 03-09-2026 03:23pm |

Kenyan President William Ruto has ordered the shutdown of foreign-owned small businesses, citing a lack of investor confidence for hawkers in the country. In a statement, Ruto said, 'We have made efforts to improve the economy; we have not improved investor confidence for hawkers to come to Kenya.' The move is part of broader economic measures, though it has raised concerns about its impact on foreign investment.

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