×
App Icon
The Standard e-Paper
Home To Bold Columnists
★★★★ - on Play Store
Download Now

Underfunding and red tape stifle key State agency

Investment Promotion PS Abubakar Hassan (centre), KenInvest Chairperson Sally Mahihu (right) and Managing Director June Chepkemei. [Edward Kiplimo, Standard]

Bureaucracy associated with decision-making in State agencies, inadequate funding and brain drain are some of the factors holding back a government investment promotion agency from achieving its goals.

Kenya Investment Authority (KenInvest) has also noted in its 2023-2027 strategic plan that a proposal to merge it with other State agencies and departments could prove a major handicap in delivering its mandate.

Get Full Access for Ksh299/Week
Bold Reporting Takes Time, Courage and Investment. Stand With Us.
  • Unlimited access to all premium content
  • Uninterrupted ad-free browsing experience
  • Mobile-optimized reading experience
  • Weekly Newsletters
  • MPesa, Airtel Money and Cards accepted
Already a subscriber? Log in