Senate spokesman Ken Lusaka (pictured) has called on the executive to convene a crisis meeting to tackle the country's economic collapse.
Mr. Lusaka said the current job loss in many companies across the country is a recipe for chaos if left unaddressed.
He said that the rate at which companies close is alarming and the resulting job loss raises fears of criminal gang emergence.
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Lusaka warned that job losses would soon overtake the entire country and that even the top leadership would not be spared.
"We need to openly discuss with the executive, judiciary and other stakeholders what the country is suffering from and find a way forward," he said.
The spokesman referred to the recent closure of Mumia's Sugar, Nzoia Sugar and Portland Cement companies as proof that things are not going well in the country.
"The Senate is ready to start these talks as the country is going in the wrong direction and soon job losers are coming to make money," he said.
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Lusaka Speaks During the Second Senate Roundtable Workshop at the Great Rift Valley Lodge in Naivasha. The workshop brought together the private sector and the senators.
"We have to tackle the problem of bureaucracy and bureaucracy in the country, because they prevent investors from putting their money into the economy," he said.
Kenya Private Sector Alliance (KEPSA) Chairman Nick Nespit attributed the high number of job losses to high taxes, double taxation and lack of government support.
Mr Nespit said that the large number of regulators involved in the demand for various licenses by the government send investors away.
"Kenya has been ranked among the top countries in terms of ease of doing business, but we are doing everything we can to support the private sector and thus the loss of jobs," he said.
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