The new Cabinet Secretary for Investment, Trade and Industry, Lee Kinyanjui, has expressed his commitment to addressing the recent worrying trend of companies shutting down or exiting the Kenyan market.

The former Nakuru governor officially assumed office from his predecessor, Salim Mvurya, on Monday, January 20, where he outlined some of his plans for the ministry.

In his maiden speech, Kinyanjui reiterated his commitment to continuing Mvurya's previous projects while acknowledging the challenges posed by the recent closures of various industries.

Kinyanjui stated that the government, through the Ministry of Investment, Trade and Industry, was determined to leverage technology to prevent further closures.