๐๐๐, ๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐, ๐ ๐๐๐-๐๐๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐๐๐๐
Members of the National Assembly led by Speaker Moses Masika Wetang'ulaย and representatives from the Kenya Private Sector Alliance (KEPSA)ย are set to converge in Mombasa for stakeholder engagement aimed at translating policy intent into economic reality.
The 8th Speakerโs Roundtable (SRT) co- sponsored by the National Assembly and KEPSA will take place from November 6th to 8th, 2025 in Mombasa County under the theme: ๐๐ณ๐ฐ๐ฎ ๐๐ฐ๐ญ๐ช๐ค๐บ ๐ต๐ฐ ๐๐ณ๐ข๐ค๐ต๐ช๐ค๐ฆ: ๐๐ฆ๐ญ๐ช๐ท๐ฆ๐ณ๐ช๐ฏ๐จ ๐ต๐ฉ๐ณ๐ฐ๐ถ๐จ๐ฉ ๐๐ถ๐ด๐ช๐ฏ๐ฆ๐ด๐ด ๐ข๐ฏ๐ฅ ๐๐ฐ๐ท๐ฆ๐ณ๐ฏ๐ฎ๐ฆ๐ฏ๐ต ๐๐ข๐ณ๐ต๐ฏ๐ฆ๐ณ๐ด๐ฉ๐ช๐ฑ
๐๐ฆ๐ฏ๐บ๐ข'๐ด ๐๐ณ๐ฆ๐ฎ๐ช๐ฆ๐ณ ๐๐ถ๐ฃ๐ญ๐ช๐ค-๐๐ณ๐ช๐ท๐ข๐ต๐ฆ ๐๐ช๐ข๐ญ๐ฐ๐จ๐ถ๐ฆ ๐๐ญ๐ข๐ต๐ง๐ฐ๐ณ๐ฎ
The SRT is Kenyaโs premier Public-Private Dialogue platform, designed to reinforce collaboration and drive policy reforms that enhance the investment climate and overall competitiveness.
The forum serves as a critical mechanism to jointly review existing policies, identify essential laws for revision or expedited enactment, and address legislative gaps crucial for sustained economic growth.
Participants will utilize the targeted breakout sessions where the National Assembly Committees of Energy, ICT, Trade, Finance, Regional Integration and Health will hold technical engagements with their KEPSA Sector Board counterparts to ensure the legislative agenda is prioritized based on the private sectorโs most pressing challenges.
๐๐ณ๐ช๐ต๐ช๐ค๐ข๐ญ ๐๐ฐ๐ญ๐ช๐ค๐บ ๐ข๐ฏ๐ฅ ๐๐ค๐ฐ๐ฏ๐ฐ๐ฎ๐ช๐ค ๐๐ข๐ณ๐ณ๐ช๐ฆ๐ณ๐ด ๐ฐ๐ฏ ๐ต๐ฉ๐ฆ ๐๐จ๐ฆ๐ฏ๐ฅ๐ข
Critical to the meeting, is the discussion on core barriers currently impeding sustained economic growth. These include:
๐ญ. ๐๐ถ๐๐ฐ๐ฎ๐น ๐ฆ๐๐ฟ๐ฎ๐ถ๐ป ๐ฎ๐ป๐ฑ ๐ฃ๐ฒ๐ป๐ฑ๐ถ๐ป๐ด ๐๐ถ๐น๐น๐ : The growing backlog of domestic arrears (pending bills) owed by public institutions is a major discussion point. This chronic issue causes severe liquidity constraints, reduces cash flow, and is driving up bankruptcy rates, particularly among Micro, Small, and Medium Enterprises (MSMEs).
๐ฎ. ๐๐ถ๐ด๐ต ๐๐ป๐ฒ๐ฟ๐ด๐ ๐๐ผ๐๐๐: Participants will discuss the uncompetitive cost of energy. Kenyaโs industrial electricity costs average US$0.18 per kilowatt-hour, significantly higher than regional competitors like Ethiopia and Egypt (US$0.05), hindering manufacturing and industrial growth.
๐ฏ. ๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐ง๐ฟ๐ฎ๐ฑ๐ฒ ๐๐บ๐ฝ๐ฒ๐ฑ๐ถ๐บ๐ฒ๐ป๐๐: The lack of tax harmonization (excise duties, VAT, income taxes) within the East African Community (EAC) continues to impede the free movement of goods and capital. Priority action includes harmonizing tax regimes and expediting the ratification of the EAC Customs Union Protocol amendment to combat illicit trade.
๐ฐ. ๐๐ป๐ณ๐ฟ๐ฎ๐๐๐ฟ๐๐ฐ๐๐๐ฟ๐ฒ ๐๐ป๐ฒ๐ณ๐ณ๐ถ๐ฐ๐ถ๐ฒ๐ป๐ฐ๐ถ๐ฒ๐ : Bottlenecks at the Mombasa Port and related infrastructure persist, with only 40% of cargo cleared within the extended four-day free period, leading to additional demurrage costs. Reforms to port efficiency and the Inland Container Depot (ICDN) are key topics.
๐ฑ. ๐๐๐ฏ๐ฒ๐ฟ-๐๐ฒ๐ฐ๐๐ฟ๐ถ๐๐ ๐ง๐ต๐ฟ๐ฒ๐ฎ๐๐: The digital economy is under siege. An alarming 4.5 billion cyber threat events were recorded between April and June 2025โan 80.7% increase from the previous quarter. The financial sector alone spends an estimated KES 900 million annually to mitigate these losses, underscoring the need for legislative action.
๐๐ฟ๐ถ๐๐ถ๐ป๐ด ๐ฃ๐ฎ๐ฟ๐น๐ถ๐ฎ๐บ๐ฒ๐ป๐๐ฎ๐ฟ๐ ๐๐ฐ๐๐ถ๐ผ๐ป
Members of the National Assembly will engage KEPSA to synergize legislative and oversight actions including legislative prioritization to identify and fast-track critical laws for revision or enactment, including strengthening the fight against illicit trade and ensuring laws support research commercialization.
Additionally participants will seek policy alignment to ensure new legislation, including the proposed Data Protection (Amendment) Bill, 2025, clarifies enforcement mechanisms and aligns with global standards, which is vital given the massive surge in cyber threat events.
The expected culmination of the retreat is the adoption of a set of resolutions and the establishment of a structured monitoring and follow-up framework to track the implementation of agreements, ensuring true accountability to the business community.
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