Political Analysis
Form and type of government:
Unitary Multiparty Republic
Ministerial hierarchy:
• President: Uhuru Kenyatta
• Vice President: Kalonzo Musyoka
• Prime Misinter: Raila Odinga
• The roles of the president and prime minister are not well defined at this juncture; constitutionally, the president remains chief of state and head of government, but the prime minister is charged with coordinating government business
• Cabinet: Cabinet is appointed by the president and is headed by the prime minister, who is the leader of the largest party in parliament.
• Elections: The president is elected by popular vote for a five-year term (eligible for a second term); in addition to receiving the largest number of votes in absolute terms, the presidential candidate must also win 25% or more of the vote in at least five of Kenya's seven provinces.
Exim policy:
• Foreign Policy
• Kenya is a member of the Common Market for Eastern and Southern Africa (COMESA), the East African Co-operation (EAC), the Organization of African Unity (OAU), and the Inter Governmental Authority on Development (IGAD).
• Trade Policy: Trade policy formulation is the responsibility of several Ministries, which constitute the Cabinet's Economic Sub-committee, and the Central Bank.
• It’s the founding member of WTO.
FDI /FII structure:
• Investment Promotion Centre is a public funded institution, which was established in 1992 as a one-stop shop geared to promote investment in the country. IPC processes all applications for new investments and forwards recommendations to the Ministry of Finance and Planning for approval by the Minister. A General Authority license is issued within one month with prior approval from the relevant authority in charge of issuing \the license.
• The Foreign Investments Protection Act (FIPA) guarantees repatriation of capital, after tax profits and remittance of dividends and interests accruing from investing in the country. The...