Kenya political impasse wrecks economy, pushes traders to Central Corridor
Regional business lobby The East African Business Council is warning of huge disruptions to cross-border trade and investments ahead, which it says will slow the recovery of East African economies from the economic effects of the disruptions caused by COVID-19 and the Russia-Ukraine war.
“The ongoing demonstrations have negative effects on doing business in the region as they disrupt trade as well as investments. I think it is high time the Kenya government took proactive action to resolve this by seeking an amicable solution,” said John Bosco Kalisa, Chief Executive of EABC.
Additionally, Shippers are complaining of the increasing cost of transporting cargo through the port of Mombasa, even as truckers grounded their vehicles this week over unresolved grievances.
Tanzania, on the other hand, is bracing for brisk business as the Northern Corridor transporters seek new routes as a result of continuous unrest on the corridor amid fears of cargo loss, damage, and delays.
In conclusion, The warning comes hot on the heels of protests that have left traders in Nairobi, which contributes about 60 percent of the nation’s GDP, and others in other major towns rocked by violence in the past two weeks counting losses after the Azimio “civil disobedience” brought the country to a standstill.
written by @enock katamba
- Enock Katamba is a Ugandan Journalist and Founder of Uncovered UG, an independent digital news platform covering Uganda and international developments. He reports on politics, national affairs, entertainment, sports, business, education and other stories of public interest.
Latest entries
National News23 October 2026Northern Bypass Streetlights to Be Restored by End of October, Ministry Says- Education23 October 2026The Rise of Fondling in Schools: Parents Must Take Responsibility
- National News17 October 2026Police arrest two 18-year-olds over killing of Gulu University student
Uncategorized13 October 2026Saleh dismisses King Saha’s claims over Uganda’s coffee
Lord protect Kenya from. These scandals