Kenya’s ranking in terms of ease of doing business worsened last year.
The country slid to position 109 from 106 in the previous year, according to the World Bank’s Doing Business Report 2012.
Prime Minister Raila Odinga singled out the culture of resistance to change by Kenyans as the biggest contributor to the country’s increased cost of doing business.
He pointed out that many Kenyans are unwilling to embrace crucial reforms designed to improve business environment and position the country as a favourite regional investment destination.
He said graft, lack of access to finance and Government bureaucracy has made Kenya an unfavourable destination for doing business.
“We must change,” said Raila.
He spoke during the launch of ‘Doing Business in Kenya report (2012) in Nairobi on Tuesday.
According to the report, it is easiest to start a business in Thika; to deal with construction permits in Malaba; to register a property in Mombasa; and to enforce a contract in Garissa.
It is, however, most difficult to start a business in Kisumu, to deal with construction permits in Nakuru, to register property in Isiolo and to enforce a contract in Nairobi.