Laikipia conservancy cancels Sh600 million investment after violence - News Summed Up

Laikipia conservancy cancels Sh600 million investment after violence


A conservancy in Laikipia has cancelled a $6 million (Sh600 million) investment due to the current farm invasions and violence. This will result in the loss of 250 jobs and potential tax revenue of $1 million over the next two years. Other farms and conservancies, the largest employers in Laikipia and also the largest taxpayers, are also suspending investments due to the ongoing invasions. The latest farm to be invaded in Laikipia is Jennings, outside Rumuruti on the way to Kifuku, opposite the farm of Senator GG Kariuki. More on this: Laikipia farm invasions continueAlso read: Laikipia clashes persist as MPs, cops, barons blamed


Source: The Star November 17, 2016 15:17 UTC



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