Kenya's private sector warns trust deficit raises business costs
Kenya's private sector has warned that weak trust in institutions increases the cost of doing business, discourages investment, and undermines competitiveness, with tangible financial consequences including higher borrowing costs, increased compliance expenses, and slower investment flows. Business leaders meeting ahead of the inaugural Trust Summit said that in low-trust environments, businesses incur additional costs to manage uncertainty, with costs rippling through the economy via higher interest rates, increased bureaucracy, and slower growth.
18 August 2026 · Citizen Digital →