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For his policies to succeed, Ruto should focus on finance reforms

Living
 President William Ruto (right) chats his deputy Rigathi Gachagua after a meeting at NSE. [Wilberforce Okwiri, Standard]

The Kenya Kwanza administration under President William Ruto and his deputy Rigathi Gachagua is hard at work.

They are telling us they are determined to change our economic game, which could also change our social and political ones. While the rule of law gets occasional mention, the message of the moment is "it's the economy, stupid!".

For this reason, much attention has been placed on the president and his deputy's policy addresses to private sector in particular. Expanding the financial market space beyond traditional bank dominance, on the savings and credit side could create exciting new capital market possibilities.

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