Advocacy

From Sectoral Focus Group Discussions to Public Private Dialogues with Policy and Law Makers in Kenya, The Kenya National Chamber of Commerce and Industry will ensure an enabling Business environment is created to develop, protect and to promote the interest of the business community in Kenya.
The advocacy committee is of the working committees of the board mandated to engage the government on behalf of the members on the following areas:

Taxation
In the never-ending quest to spur economic development, many governments have amended tax policy to make themselves more competitive — some by eliminating onerous, low-impact tax programs, others by creating new incentive programs. In this regard, the Chamber will continue to engage the government on tax reforms which will not only improve the private sector’s bottom line but also increase the government tax collection base.

Policy (Development/revision/implementation)
Policy related uncertainty is negatively related to firm and industry level investment, and the economic effect is substantial. Policy uncertainty is also associated with higher cash holdings and lower net debt issuance. This supports the notion that policy-related uncertainty can depress economic growth through a decrease in corporate investment. This decrease is related to precautionary delays induced by investment irreversibility and to increases in the cost of external borrowing. The Chamber will proactively scan the business environment and participate in the development and or revision of policies that have an impact in the economic development to safe guard businesses from policy related uncertainties.

Legal/Regulatory (Development/Amendment/implementation)
Governments have come a long way in ensuring that law-making is accountable and evidence-based. However, much more could be done to improve the way governments actually regulate. Some regulations are without sufficient checks and balances to ensure that regulations are both fit-for-purpose and accomplishing what they are set out to do. Most countries have no policy at all on regulatory compliance and enforcement, and have no system for evaluating laws once they are implemented. This results in unnecessary costs for businesses and society and a missed opportunity to stimulate economic growth.

Kenya has adopted an explicit regulatory policy (Statutory Instrument Act No. 23 of 2013) where regulatory impact assessments, public consultation for all new regulations and systematically evaluation of the primary laws once they are in use is mandatory. However the important stage of evaluation is yet to be fully realised. The impact of regulation could be improved by addressing shortcomings in implementation and enforcement and by evaluating systematically whether the objectives of regulation have been achieved. In this regard, the Chamber will together with parliaments, sub-national levels of government and regulatory agencies to contribute in the development and amendment of legislations which are of interest to them. In addition, the chamber will from time to time assess the implementation of the said legislations and evaluate whether the objectives of the legislations have been realised.

Infrastructure (roads/rail/port/energy)
Infrastructure is key to tackling poverty and promoting inclusive growth. Infrastructure helps improve access to basic services, links producers to markets and connects countries to the opportunities in the global economy. Well-functioning infrastructure is essential to overcome bottlenecks to growth in emerging and developing economies, and as an enabler of private sector led growth. No country has developed without access to well-functioning infrastructure. The Chamber of Commerce will engage the government to create an enabling environment to mobilize investment through regulatory reforms and robust tender processes and legal frameworks for Public Private Partnerships (PPP). In addition, the Chamber will also advocate for affordable and quality energy as well as prioritise roads of economic importance for construction and or upgrade.