Kepsa: Firms have lost Sh700bn in 4 months

Private businesses lost about Sh700 billion in the past four months as Kenya weathered a heavy political storm that preceded and followed the inconclusive presidential election, a lobby group said on Tuesday.

The Kenya Private Sector Alliance (Kepsa) said most of the losses came from frequent disruption of transport and industrial operations during the campaigns ahead of the August 8 General Election and protests that followed the Supreme Court’s nullification of the presidential election.