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Investors are cautious following political uncertainty

NAIROBI, KENYA: Kenya’s all share index slipped 1.24 percent on Wednesday while the blue chip index fell 1.14 percent after opposition leader Raila Odinga pulled out of a repeat presidential election set for Oct. 26, traders said.

Odinga, who successfully challenged the Aug. 8 re-election of President Uhuru Kenyatta last month, said the repeat poll should be canceled and a fresh election started after the election board has carried out reforms.

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