Kenya's Economy Shivers as Politics Takes Main Stage Again

The Supreme Court's decision to nullify Uhuru Kenyatta's re-election has come with a negative impact on businesses that were emerging from a slow down that is usually related to Kenya's election cycle with the Nairobi Securities Exchange reportedly plummetting by over U.S.$800 Million by close of that Friday as investors scampered to cover their positions. Kenyatta has however assured businesses of a conducive environment for business, stating that the country is politically stable.



President Uhuru Kenyatta speaks during a meeting with members of the Kenya Private Sector Alliance at State House, Nairobi.

InFocus