Close Menu
PRIMA NEWSPRIMA NEWS
    What's Hot

    West Bank: Guterres alarmed as Israel imposes sweeping closures after deadly Hebron attack

    October 25, 2026

    Is the Ninja MultiPot the Kitchen Appliance You Need, or Just the One You Want?

    October 25, 2026

    How Temu Is Helping an African Olive Oil Pioneer Scale Beyond Wholesale to Reach Consumers Across Europe

    October 25, 2026
    Facebook X (Twitter) Instagram
    PRIMA NEWSPRIMA NEWS
    Facebook X (Twitter) Instagram
    Subscribe
    • Home
    • News
      • Politics
        • Politics
        • World Politics
      • World News
        • Africa
        • Asia Pacific
        • Europe & UK
        • Middle East
      • Economy
        • Business
      • Technology
      • Metro
      • Sports
      • Entertainment
    • Prima TV
    • Prima Gallery
    • Entertainment
    • Contact
    • About Us
    PRIMA NEWSPRIMA NEWS
    Home»Politics»Kenyan president orders shutdown of foreign-owned small business
    Politics

    Kenyan president orders shutdown of foreign-owned small business

    Prima NewsBy Prima NewsSeptember 3, 2026No Comments3 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Kenya President William Ruto has ordered the shutdown of small retail shops owned by foreigners in the east African country.

    Mr Ruto, on Wednesday, directed the Ministry of Investments, Trade and Industry to begin enforcement action against foreigners engaged in local trading and hawking next Monday.

    The president said the directive was based on the need to protect local Kenyan traders and ensure that businesses reserved for citizens are not affected by unfair competition.

    There’s a bill before the Kenyan parliament that targets foreign participation in certain small-scale businesses. The Local Content Bill introduced in 2025 seeks to increase Kenyans’ participation in economic activities and provide greater opportunities for local businesses and citizens.

    The bill also proposed sourcing at least 60 per cent of goods, services, and supplies locally where they meet the required standards.

    PT WHATSAPP CHANNEL

    But the president said the government would not wait for the parliament to pass proposed legislation before taking administrative measures to address the issue.

    ‎”All those traders and hawkers doing these small businesses should close down,” Mr Ruto said, adding, “From next week, all traders doing those small businesses should close them.”

    Mr Ruto said the country’s goal is to attract large-scale foreign investments and protect small business owners, especially those at the bottom of the economic pyramid.

    “We have made efforts to improve the economy; we have not improved investor confidence for hawkers to come to Kenya.

    ‎“We have not built investor confidence so that hawkers can come to Kenya,” Mr Ruto said, according to local media.

    ‎“The investor confidence we have built is for investors to come to Kenya, not hawkers and traders. People should not confuse us,” he added.

    Kenya now joins the growing list of African countries restricting foreign nationals from operating small-scale businesses reserved for citizens. These include Tanzania, Botswana, and Ghana.

    The restrictions target low-capital businesses such as petty retail, mobile money services, salons, and small-sector manufacturing.

    READ ALSO: ‘I was misquoted’- Kenyan President backtracks on comments about Nigerians’ English-speaking proficiency

    Tanzania barred non-citizens from 15 business activities in July 2025.

    The restrictions covered most wholesale and retail trade, mobile money services, electronics repair, salons, small-scale mining, tour guiding, real-estate brokerage, clearing and forwarding, crop purchasing, and some micro and small industries.

    Ghana also reserved informal retail for citizens in August.

    Botswana has also put in place measures to protect selected businesses through its citizen-reserved licensing system.


    Discover more from Premium Times Nigeria

    Subscribe to get the latest posts sent to your email.

    Source link

    Botswana Ghana Kenya President William Ruto news Nigeria PREMIUM TIMES Tanzania
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Prima News
    • Website

    Related Posts

    ‘Filled with content creators’ — Bwala disparages NDC campaign council list

    October 25, 2026

    Lagos SWAN inaugurates seven-member electoral committee ahead of elections

    October 25, 2026

    Tinubu flags-off campaign, blasts opposition, backs APC governors against Rainbow Coalition

    October 25, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Trending

    West Bank: Guterres alarmed as Israel imposes sweeping closures after deadly Hebron attack

    By Prima NewsOctober 25, 2026

    Two Israeli soldiers were killed and at least five injured when gunmen…

    Is the Ninja MultiPot the Kitchen Appliance You Need, or Just the One You Want?

    By Prima NewsOctober 25, 2026

    When I think of kitchen brands dominating home kitchens and wishlists alike,…

    How Temu Is Helping an African Olive Oil Pioneer Scale Beyond Wholesale to Reach Consumers Across Europe

    By Prima NewsOctober 25, 2026

    For generations, North African agricultural heritage was trapped in low-margin white-label supply…

    Latest News

    West Bank: Guterres alarmed as Israel imposes sweeping closures after deadly Hebron attack

    By Prima NewsOctober 25, 2026

    Two Israeli soldiers were killed and at least five injured when gunmen opened fire near…

    Is the Ninja MultiPot the Kitchen Appliance You Need, or Just the One You Want?

    October 25, 2026

    How Temu Is Helping an African Olive Oil Pioneer Scale Beyond Wholesale to Reach Consumers Across Europe

    October 25, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest news from PRIMA NEWS about politics, art, design and business.

    © 2026 PRIMA NEWS (ISSN: 2251-1237)
    • Privacy Policy
    • Terms
    • Accessibility

    Type above and press Enter to search. Press Esc to cancel.