What investors can expect from Kenya’s new government

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On Tuesday, August 9, 2022, Kenyans went into the polls to elect their leaders in respective seats, from the member of the county assembly (MCA) to the president. The 2022 General Election in Kenya was held on Tuesday, August 9, with voters electing leaders of their choice in six respective seats from the MCA to the president With the election over, a new government will take over from the Jubilee administration as President Uhuru Kenyatta is set to retire after serving two constitutional terms Some of the issues the new government are expected to tackle include corruption, high cost of living, high unemployment rate and huge debt The Independent Electoral and Boundaries Commission (IEBC) chairman, Wafula Chebukati, announced that United Democratic Alliance (UDA) presidential candidate William Ruto emerged as the winner of the highly contested presidential race. Chebukati noted that Ruto garnered 7,176,141 votes (50.49 per cent) against his fierce rival Raila Odinga of the Azimio la Umoja One Kenya Coalition Party, who came a close second with 6,942,930 (48.85 per cent). With the election over, a new government will take over from the Jubilee administration as President Uhuru Kenyatta is set to retire after serving two constitutional terms. The

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