Empirical studies indicate that the best way to achieve higher rates of economic growth is to raise investment and to improve the quality of institutions. An increase in investment ratio by 5-6 percentage points over the next 5 years and improving the quality of institutions could result in the postulated increase in the per capita growth. What are the prospects for raising investment?
The mentality of “we comply” for compliance sake cannot sustain a business for long. I remind you of another anniversary, but this one of a much more recent event. Two weeks ago yesterday, we informed the Kenyan people of the action we took against some of you because of non-compliance with integrity laws. Make no mistake – it was not easy.