Kenya: President Kenyatta Assures Business Leaders of Country’s Stability

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In a meeting with businessmen under the Kenya Private Sector Alliance (KEPSA), President Uhuru Kenyatta has assured business leaders in the country of a stable environment for businesses to thrive as the country awaits a repeat presidential poll in October.

“Let business continue. No politician will be allowed to interfere with peace and stability,’’ President Kenyatta said.

KEPSA CEO Carole Kariuki commended this commitment while describing the association’s own efforts to promote peace and encourage optimism.

Kenya’s private sector initiated the Mkenya Daima campaign to bolster the business environment and instill confidence leading up to the August 8th 2017 presidential, gubernatorial, senatorial and parliamentary and county assembly elections in the country.

Kariuki added that they believe that the Mkenya Daima campaign made a significant difference and has become a successful case study on how business can play a role in ensuring political stability.

The sector has however recorded low lending and foreign exchange, reduced employment, lower international trade and reduced activities at the Port of Mombasa during the electioneering period.

Kariuki said, “The private sector is looking forward to the end of the election cycle. We want to get back to business quickly.”

Manu Chandaria and Chris Kirubi are some of the business icons who attended and spoke at the meeting at State House Nairobi.


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