Tata Chemicals row: Gachagua accuses Ruto of driving foreign investors out of Kenya

Former Deputy President Rigathi Gachagua has criticized President William Ruto's administration for instilling fear among foreign investors, potentially leading to severe economic repercussions for Kenya. In a post on X on September 5, 2026, Gachagua drew a comparison to the expulsion of South Asian investors and businesses from Uganda under Idi Amin Dada's regime in 1972, which severely damaged Uganda's economy.

Gachagua alleged that Ruto's administration is creating a similar atmosphere in Kenya by targeting foreign-owned businesses and properties, alleging that over 400 Indian businessmen have shut down their investments in response to demands for shares. He also claimed that properties belonging to Indian families are being taken over following the expiration of their leases.

The claims were made as part of Gachagua's broader criticism of the Ruto administration, without independent evidence. Gachagua, speaking from the United States, stated that investors are concerned about the business environment in Kenya, warning that continued uncertainty could discourage both existing and prospective investors, potentially worsening economic challenges.

He appealed for international intervention and urged the Kenyan government to protect foreign investments and restore investor confidence. Gachagua's remarks come amid a debate over the future of Tata Chemicals Magadi Limited, with allegations that the Ruto administration ordered the company to leave Kenya, sparking concerns about foreign investment, property rights, and the wider business environment.