The group working under the Kenya Private Sector Alliance (KEPSA) attributed the phenomenon to the 'wait and see' attitude among most investors during election periods. The meeting was called to discuss the country's economic performance during the electioneering period. "Most banks cushioned themselves to a maximum lending limit of Sh5 million to the private sector." Export volumes also declined, conference and exhibitions recorded low returns and the public transport sector recorded reduced earnings due to limited mobility. KEPSA called on the country's political class to preach peace ahead of the repeat polls to protect the country's economic gains.

Source: The Star September 11, 2017 11:37 UTC