Tag Archives: dictatorial

Investors revolt over NEMA’s costly new audit policy as frustration mounts over delays, dictatorial management

Investors revolt over NEMAs costly new audit policy as frustration

× Investors are increasingly up in arms over a controversial new policy introduced by the National Environment Management Authority (NEMA), which now requires an annual environmental audit for every approved project or risk penalty of up to shillings 10 million. The policy has triggered outrage within the business community, with investors describing it as punitive, expensive, and detached from the …

Read More »