Nairobi, October 11: The endless political drama in Kenya has affected the business badly in the country. Prompting the drama more, Raila Odinga, Kenya's opposition leader has pulled out of re-election to be held in mid-October. In last month, Kenyan Supreme Court canceled the validity of Uhuru Kenyatta’s win. This withdrawal is predicted to stifle economic crisis of the country more.
This decision has been viewed by some analysts as a strategy to exit the scenario. There is a high possibility of re-win of Kenyatta. That would be not at all benefiting for Odinga’s career which already got a good hike after Supreme Court’s decision.
Small investors are scared during this political turmoil. The street protests and various disputes have been affecting business since last 4-5 weeks. Common people want mutual negotiation among political leaders for the sake of economy.