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Kenya third most reformed in Ease of Doing Business

Published on October 29, 2015

Kenya has been ranked the third most reformed country globally according to the latest World Bank Ease of Doing Business Report.

Overall, Kenya rose 28 places to position 108, up from position 136 that the country was ranked last year.

The World Bank says the improved performance was attained due to implementation of key regulatory reforms among them reducing the time and processes required to start and register a business, credit information sharing and the ease of power connectivity.

The report finds that Kenya has implemented at least four regulatory reforms in each indicator aimed at making it easier for local entrepreneurs to do business in the country in 2015/16, a higher percentage than any other country in any other region. Read more. Source | KBC