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Words: | Submitted: Sun Oct 17 2004
... Since his election in 2002, President Kibaki has instituted many business-friendly reforms. He has reformed the judiciary in order to speed up judgments in commercial cases to stop corruption. He has made affordable credit available to industry and agriculture in the private sector. He has worked to enact the investment code and the Privatization Act, to help boost investment in Kenya. When President Kibaki spoke at the National Investment Conference, he emphasized Kenya's process toward reconstruction and his efforts to root out corruption.2 He said, "New Kenya is open for business - doors that were shut are now open."3 Kenya's mixed economy, while currently struggling, is the biggest in Eastern Africa, making Kenya an excellent place for our company to begin a foothold exporting our product. Kenya is considered to be the most developed nation in East Africa, with a Gross Domestic Product (GDP) of almost USD $10 billion.4 Domestic demand ...
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