EXPLAINER - What is at stake for investors in Kenya's elections? - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 28 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

EXPLAINER: What is at stake for investors in Kenya’s elections? Kenyans head to the polls on Tuesday to pick a new president in a fiercely contested election pitching opposition leader RailaOdinga against Deputy President WilliamRuto. KenyaDecides2022

President Uhuru Kenyatta is not running due to term limits but is backing Odinga. Lawmakers and country officials will also be elected.

A number of flashpoints are on investors’ radar for the election. Deadly violence erupted after recent elections with more than 1,200 people killed after the 2007 ballot. Gergely Urmossy, emerging market strategist at Societe Generale, said a credible strategy could see Kenya regain full access to international capital markets, while a good relationship with the International Monetary Fund was key.

Odinga has pledged to renegotiate debt terms to lengthen maturities and free up cash for social interventions and development.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eskom suspends rolling blackouts - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Eskom has announced that it has suspended its rolling blackouts this weekend. No. Eskom does it's job. Only to reintroduce them the following day, they think we're imbeciles those ones. Sibonge Eskom ngokuzwa imithandazo yethu
Source: SABCNews - 🏆 37. / 51 Read more »