ANC leader Musalia Mudavadi (left) with ANC delegates at the Bomas of Kenya. January 23, 2022. [David Njaaga, Standard]
It will be recalled that Kenya’s economy was experiencing a total melt-down at the beginning of 1993. This crisis resulted in double digit inflation, massive depreciation of the Shilling, flight of capital, lack of foreign exchange and suspension of funding by all development partners.