Kenya: Foreign Firms in Kenya to Source Goods, Services Locally Under New Bill

Kenya: Foreign Firms in Kenya to Source Goods, Services Locally Under New Bill

Nairobi -- Foreign companies operating in Kenya will be required to source supplies, services, and goods locally under a new law tabled before the National Assembly.

Kenya demands 80% Kenyan workforce & 60% local sourcing from Multinational companies

Kenya’s Parliament is set to debate the Local Content Bill, 2025, a proposed law aimed at dramatically boosting employment for local citizens and strengthening domestic supply chains by imposing strict quotas on multinational companies. The Bill, tabled on October 7th, seeks to address Kenya’s persistent challenge of high unemployment, particularly among young graduates, which has […] The post Kenya demands 80% Kenyan workforce & 60% local sourc…

Kenya's liberal economy attracting Russian and Foreign investors

By Kestér Kenn KLOMEGÂH Over the years, Kenya and Russia have enjoyed cordial and warm bilateral relations. Russia, Kazakhstan and Belarus remain key to the development agenda in line with Kenya’s Economic blueprint of vision 2030 and Fourth Medium Term Plan(MTP IV) of 2023-2027 under the Broad Economic Philosophy of Bottom-Up Economic Transformation Agenda. They are valued strategic development partners in Kenya’s journey towards being globally…

Kenya’s Liberal Economy Attracting Russian and Foreign Investors

By Kester Kenn Klomegah* MOSCOW | 9 November 2025 (IDN) — Over the years, Kenya and Russia have enjoyed cordial and warm bilateral relations. Russia, Kazakhstan, and Belarus remain key to Kenya’s development agenda, aligning with the country’s economic blueprint, Vision 2030, and the Fourth Medium Term Plan (MTP IV) 2023–2027, under the broad economic philosophy of the Bottom-Up Economic Transformation Agenda (BETA). They are valued strategic de…