Wednesday, November 11, 2015

2016 Doing Business in Kenya

The World Bank recently published its "Doing Business 2016 Economic Profile for Kenya."  The report measures and tracks changes in regulations affecting 11 areas in the life cycle of a business: starting a business, dealing with construction permits, getting electricity, registering property, getting credit, protecting minority investors, paying taxes, trading across borders, enforcing contracts, resolving insolvency, and labor market regulations.  The World Bank evaluated 189 countries.

On the overall ease of doing business, Kenya ranked 108, a significant improvement from 129 in 2015.  The regional average rank for Sub-Saharan Africa was 143.  By comparison, Botswana ranked 72 and Tanzania ranked 139.

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