Investors upbeat on economy following conclusion of General Election

Chamber of Commerce chair Kiprono Kittony during an interview at the annual Kisumu ASK show at Mamboleo. (Photo: Denish Ochieng/ Standard)

The business community is optimistic about the prospects of the economy following the conclusion of the General Election.

The chairman of the Kenya National Chamber of Commerce and Industry (KNCCI), Kiprono Kittony, said on Tuesdaythe lobby had drafted pro-business policies that it expects to buoy the economy.

“The chamber will further work with a technical team from the Government to promote pro-business policies meant to steer the economy to greater heights at the county and national level through devolved county chapters,” Mr Kittony said in a statement. KNCCI also lauded Kenyans and the main competitors in the August 8 polls – Jubilee Party and National Super Alliance (NASA) - for concluding a peaceful electoral process.

“The country will forever honour them as sons of this country who won the battle for democracy,” said Mr Kittony. He added that the opposition NASA coalition had run good political campaigns that did not undermine the business environment.

Main business indicators, including trading at the Nairobi Securities Exchange and tourist bookings, had soared to overcome the anticipated election-related jitters as a pointer to brighter prospects for commerce.

KNCCI ia an advocacy group drawing membership from thousands of enterprises across the country.