Kenya businesses prepare for short-term slowdown amid fresh election - News Summed Up

Kenya businesses prepare for short-term slowdown amid fresh election


Read: Kenya lost Sh100 billion after Supreme Court verdict - KEPSASLOW DOWN ACROSS SECTORSThe slowdown affected business sectors in different ways. The retail sector was also hit, said Wambui Mbarire, the head of the Retail Trade Association ofKenya. The transport sector lost money, despite a rush of voters travelling to their home villages, as other fearful citizens stayed home. This week delegates from the Kenya Private Sector Alliance, the main business lobby, went to meet Kenyatta to express the group's concerns. "With prolonged electioneering ... the country is expected to witness slowdown in business in various sectors that can lead economic decline," their statement said.


Source: The Star September 13, 2017 15:22 UTC



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