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"content": "the Nationalist Promise. In time, we will create a collective nation that is secure, prosperous, healthy and well educated in line with the covenant of our founding fathers. This Nationalist Promise that I keep referring to was not just about inspiration or citizenship; it was also a determination to combat poverty, ignorance and disease and that we were going to enable our people to make an honest living. These are the reasons that have driven my administration to now make it easier to register a company. Through the overhaul of the Companies Act, we have cut to a minimum the old stringent rules that once made it difficult for sole business owners to register as limited companies. Further reforms such as the passing of the Insolvency Act have improved the processes that are required for one to be in business in the formal sector. They have sought not to fiddle with existing approaches but instead transform the business landscape. Evidence of our success is that the World Bank’s doing business indicators show Kenya to be the third most improved country in the world. We, as a country, jumped almost an unprecedented 28 positions in their rankings. Nairobi, our capital city, was named the most attractive destination for foreign direct investment in Africa. Kenya alone on the African continent was singled out as one of the seven most promising emerging markets. This achievement is also part of our Nationalist Promise."
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