Kenya is stable, President Kenyatta assures business leaders

Kenya is stable, President Kenyatta assures business leaders

President Uhuru Kenyatta has today allayed fears that the country’s charged political climate will negatively affect the private sector.

The incumbent Head of State, who is seeking re-election on October 17, 2017, held a meeting today with the Kenya Private Sector Alliance (KEPSA) at State House, Nairobi.

“Let business continue. No politician will be allowed to interfere with peace and stability,” President Kenyatta said today during a meeting business leaders at State House, Nairobi.

“As far as peace and stability in the country are concerned, we are in full control,” the President added.

He told them to ignore political noise, continue with the growth expansion plans and forge ahead, creating jobs for the youth.

"I assured them that the country is stable and their businesses are safe."

President Uhuru Kenyatta

Kenyatta urged them to continue with their business engagements without fear.

Kenya Private Sector Alliance (KEPSA) CEO Carole Kariuki commended President Kenyatta for his commitment to peace and ensuring a conducive environment for business prevails even during the electioneering period.

To bolster the business environment and instil confidence, Ms Kariuki said the private sector initiated the Mkenya Daima campaign that drove home the peace message and encouraged optimism.

"We 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."

Kenya Private Sector Alliance (KEPSA) CEO Carole Kariuki

The KEPSA boss said although global economies experience slowdown during elections, it is only when the electioneering period is prolonged that businesses suffer.

Uhuru Kenyatta meeting with the Kenya Private Sector Alliance (KEPSA) officials in State House, Nairobi.

She cited the low lending, foreign exchange, reduced employment, lower international trade and reduced activities at the Mombasa port as some of the negative effects of the electioneering period.

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

Other speakers at the meeting included business icons Manu Chandaria and Chris Kirubi, and KEPSA Chairman Nicholas Nesbitt.

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