Over 1,000 Kenyan CEOs Present Eight Key Business Demands to President Ruto Ahead of 2027 Elections
Kenyan CEOs urge President William Ruto to reduce business costs, improve tax predictability, and enhance infrastructure in a push for economic reforms before 2027.
By John Mtongoi Newsroom
August 21, 2026
2 min read
More than 1,000 chief executives from Kenya’s private sector have submitted a set of eight critical demands to President William Ruto, seeking comprehensive reforms to boost the country’s business environment ahead of the 2027 general elections.
The requests were compiled through the Central Bank of Kenya's July 2026 CEOs Survey, reflecting the priorities of business leaders who want to see structural changes that foster economic growth and stability.
Key Demands from Kenyan CEOs
- Lower Cost of Doing Business: CEOs call for reductions in levies, licensing fees, fuel and energy costs, and other key input prices to ease operational burdens.
- Tax and Regulatory Stability: There is a push for predictable, transparent, and equitable tax policies to reduce uncertainty and support long-term investment planning.
- Improved Access to Affordable Financing: Especially for Small and Medium Enterprises (SMEs), with a focus on reducing credit costs and expanding financing options.
- Streamlined Compliance: Simplification of bureaucratic procedures to cut operational costs and enhance productivity.
- Fiscal Responsibility: Timely payment of government pending bills and prudent management of public-private financing.
- Macroeconomic Stability: Adoption of long-term national development plans that transcend political cycles to ensure continuity.
- Infrastructure Development: Investment in roads, utilities, and logistics to attract investment and support business operations.
- Public-Private Sector Engagement: Enhanced dialogue and collaboration to ensure government policies are responsive and effectively implemented.
The survey underscores growing pressure from Kenya’s corporate sector for the government to address persistent challenges in the business climate as the country approaches a pivotal election year.
Context on Employment and Economic Growth
Since President Ruto took office in 2022, Kenya has seen the creation of approximately 3.27 million jobs by 2025, predominantly in the informal sector. This trend raises concerns about job quality and sustainability, highlighting the need for policies that promote stable, formal employment opportunities.
