Nearly 5,000 companies have asked to be struck out of the company registry since President William Ruto took office in 2022.
The closure has rendered several Kenyans jobless.
Our analysis of Business Registration Service (BRS) records shows that the number of new companies registered during the year to last December dropped by 16,666 to 130,527.
The number of businesses registered in 2023 stood at 141,193.
