Kenya is among countries that improved their ease of doing business making it better for investors in 2020.
In dealing with construction permits, Kenya made the exercise more transparent by availing building permit requirements online and by reducing fees.
In addition, it is now easier to get connected to the national grid. This was made possible by Kenya improving the reliability of electricity supply by modernizing its existing infrastructure and inaugurating a new substation in Nairobi.
Getting credit also improved since Kenya strengthened access to credit by introducing online registration, modification and cancellation of security interests and public online searches of its collateral registry.
On another front, Kenya strengthened minority investor protections by requiring shareholders to approve the election and dismissal of an external auditor.
With the easier way of filing taxes, Kenya scored a hit by ensuring that paying taxes was not a chore that was best avoided.
Kenya made paying taxes easier by implementing an online filing and payment system for social security contributions.