Moses Kuria, the Cabinet Secretary for Trade and Investment, has disclosed that the government is drafting a Kenyan Chamber Law that would require all businesses to register with a fee.
Kuria said that the move was made to guarantee that Kenyan firms and companies make advances in other nations and earned international recognition as the third Kenya International Investment Conference was launched on Monday.
The CS highlighted that it will be mandatory for business owners to register with the Chamber and added that the law would be submitted before the Cabinet within 30 days. The CS has been implicated in the disappearance of dangerous sugar in Thika.
“In African businesses, each individual is the monarch of their own domain. We must develop and grow in order to gain international recognition. Even some of the larger businesses that are based here in the nation have operations in one or two other nations.
The Kenya National Chamber Law is a bill that will be tabled to the Cabinet within the next 30 days, according to Kuria. “That is why I have challenged my Principal Secretary,” Kuria said.
Business owners will suffer a great loss as a result of having to pay a fee in order to support Moses Kuria’s idea.
