Kenya to pursue innovative public-private pathways for a bright economic future  

Africa Science News

By Edwin Austin

 

Kenya has rolled out the Electronic Government Procurement (eGP) System to revolutionise public procurement by promoting integrity and value for money.

Principal Secretary for Public Investments and Assets Management, Cyrell Odede Wagunda, said while addressing the Kenya National Chamber of Commerce and Industry (KNCCI) Annual General Meeting that businesses nationwide should embrace this digital shift.

“This Chamber is the heartbeat of Kenya’s business community,” PS Wagunda said. “KNCCI is not just a voice; it is the champion of structured dialogue between government and the private sector, driving key economic reforms that will transform our nation.”

He noted that Kenya has positioned itself for accelerated growth through innovative pathways, occasioned by collaboration between the government and the private sector.

He highlighted the Chamber’s essential role in enhancing the competitiveness of micro, small, and medium enterprises (MSMEs), facilitating trade, and opening doors to regional and global markets. “Our partnership with the private sector is crucial in accelerating Kenya’s economic transformation,” he emphasized.

Reaffirming the National Treasury’s commitment to macroeconomic stability and a business-friendly environment, the Principal Secretary outlined bold government initiatives, including prudent fiscal consolidation, responsible debt management, and sound policy coordination aimed at restoring investor confidence.

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