Corporates may be more confident of a peaceful outcome of the August 8 presidential polls than they were in 2013, African Trade Insurance Agency said yesterday. The leading regional political and investment risk underwriter said there were less inquiries on political covers than in 2013. This may be a vote of confidence by the private sector in a more peaceful electoral process, ATI chief executive George Otieno said. “Compared to 2013 (election), there were more inquiries coming through but now it is not as much as before. This will see it offer credit guarantees to banks, enabling them to engage in more projects without raising additional capital.

Source: The Star May 05, 2017 07:07 UTC