13 February 2013

Kenya: Bankers Call for Peaceful Elections

Bankers have joined calls for peaceful elections.

The Kenya Bankers Association chief executive Habil Olaka yesterday led the association's governing council in signing a peace pledge at their International Life House offices.

"Following the 2007 post-election violence,the country incurred tremendous losses with a number of profitable business enterprises destroyed making investors pull back from Kenya," said Olaka.

He said that bank staff in various towns risked their lives during the post-election violence while the shilling depreciating against the US dollar from Sh63.30 in December 2007 to Sh70.62 in February 2008. On February 28, bankers will planting trees, distribute the Kenyan flag and send out peace messages.

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