The Supreme Court ruling that nullified President Uhuru Kenyatta’s re-election immediately hit headlines across the globe, with ripple effects on local and foreign investors.
The decision has, however, come with a negative impact on businesses that were emerging from a slow down that is usually related to Kenya’s election cycle. The matatu industry was the first to claim making a Sh75 million loss everyday nationwide. The National Chamber of Commerce and Industry said the country was losing billions daily due to the uncertainty.
