The Federation of Kenya Employees (FKE) has raised concerns over the rising cost of doing business in Kenya, mainly in the private sector.

In a statement, FKE said the rise in the cost of doing business in the country is placing a significant strain on businesses and is impacting competitiveness, investment, and job creation in the private sector.

“FKE is concerned by the rising cost of doing business in Kenya, which continues to place significant strain on enterprises across sectors.

Increased statutory obligations, regulatory burdens, and operational costs are impacting competitiveness, investment, and job creation,” the statement read in part.

They added that although they are working closely with all social partners to come up with lasting solutions, FKE called upon the government to prioritise policies that enhance the ease of doing business and protect jobs.

“We therefore call upon the government to prioritize policies that enhance ease of doing business, protect jobs, promote investment and enterprise growth, and ensure predictability and stability in Labor and Economic Policies.”

The Federation reaffirmed its commitment to tripartism and social dialogue, emphasizing its mandate to represent and safeguard employers’ interests alongside COTU(K) and the Government.

The Management Board expressed full confidence in the Executive Director and CEO, noting that her statements reflect the official position of employers on labour and economic issues.