Saturday, January 21, 2017

East Africa: Forbes' 2017 Listing of Best Countries for Business

Forbes has released its 2017 global listing of Best Countries for Business. It evaluated 139 countries on the basis of the following 11 factors: property rights, innovation, taxes, technology, corruption, red tape, investor protection, stock market performance, personal freedom, trade freedom, and monetary freedom.

Countries in East Africa did not score well. Kenya ranked best at number 105, followed by Uganda (107), Tanzania (122), and Ethiopia (130). Other countries in the Horn of Africa were not included in the survey.