KEPSA condemns incidents with negative impact on national economic prospects

By / October 7, 2017 : 17:11 / BUSINESS, Corporate News / No Comments
KEPSA condemns incidents with negative impact on national economic prospects

The Kenya Private Sector Alliance (KEPSA) has expressed its concern on a number of recent incidents with a negative impact on Kenya’s national economic prospects. These incidents including the alleged arson attack at Nairobi’s Gikomba Market and looting at Kisumu’s Tumaini Supermarket according to KEPSA CEO Carole Kariuki remain highly regrettable.

‘As an alliance of private sector players, we are taken aback by these incidents. An attack on a small scale private sector player is an attack on a major player and deserves our condemnation in the strongest terms possible,’

noted the CEO.

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Through the CEO, KEPSA noted that he impact of these incidents on the livelihoods of hundreds of small scale income earners and the investors sustaining such businesses cannot be gainsaid.

We wish to implore political players to exercise due restraint and encourage their supporters to uphold respect for the rule of law. We have been on record condemning growing political rhetoric which is fanning rising tensions across the political divide. Once again, we reiterate that our super-heated political rhetoric and hardline positioning by politicians, accompanied by threats of chaos and implied violence, are now a serious threat to the continued economic wellbeing of this country and, by extension, to our hopes of lifting our people out of poverty,’

Carole Kariuki said in a statement.

Traders watch helplessly as a fire suspected to have been started by an arsonist razed down Gikomba market.

She further appealed to citizens to work with the police to bring the culprits to book, and also challenged the political players to come out and strongly condemn the acts of arson and sabotage.

In our view, an electoral process does not amount to a law and order vacation. As key stakeholders in Kenya’s present and future, we will continue to speak out; we will not be found to have remained silent during a momentous time for our country,’

she concluded.


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