KEPSA and Senate Commit To Ensure Conducive Business Environment For Upcoming General Elections

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    Kenya Private Sector Alliance (KEPSA) and the Senate have signed a resolution to ensure peaceful elections during the forthcoming elections

    The resolution was signed in Mombasa at the closure of the third Speakers Roundtable between the Senate and KEPSA.   The two teams warned that the upcoming elections if not managed well have a potential of destabilizing business including discouraging investment , leading to possible capital flight and destruction of property as evidenced in the 2007/8 Post- Election Violence.

    During the meeting it was noted that conducting a peaceful and democratic elections is critical in fostering a conducive business environment in the country. The Roundtable welcomed the ongoing push for electoral reforms to provide a basis for the conduct of peaceful elections.

    Speaking at the forum, KEPSA Chairman Amb. Denis Awori said that a peaceful and fair election is imperative if the country is to achieve the elusive 10 per cent GDP target growth per year.

    Ambassador Awori also noted that the engagement between the Private Sector and Parliament since 2009 had enhanced understanding on the unique needs of each side and reduced the potential disconnect between policy formulation and law making on account of the opportunity to provide input on various legislative proposals.

    In view of the same, KEPSA chief executive officer (CEO) Carole Kariuki called on legislators and political leaders to play a key role of ensuring stability during the elections cycle.

    Speaker of the Senate Ekwe Ethuro reiterated the same.

    Mkenya Daima Chair Vimal Shah noted that the country is already experiencing a slowdown in economic activity due to the forthcoming elections and urged that this is a cycle that should stop going forth, by ensuring free and fair elections.

    The Roundtable featured presentations and panel discussions from both the Senate and the Private Sector on the two priority areas of focus namely, improving and enhancing Kenya’s competitiveness and election preparedness.

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