Connect with us

Hi, what are you looking for?

Capital Business
Capital Business

Kenya

Nairobi business community asks Govt to regulate demos

The Group, which consists of over 100 business owners operating in various sectors, wants the government to ensure that the rights of all Kenyans are protected.

NAIROBI, Kenya, Oct 12 – A Nairobi-based business group has called on the national government and the Nairobi County government to allocate a special place where political demonstrations and picketing can be held.

Chairman of The Hood Group, Nderitu Mwangi, says regardless of the right to hold demonstrations, businesses in the city also have a right to operate without interruption.

“Nairobi is the economic heartbeat of this nation. It should be safeguarded from unnecessary business interruptions. No one has more right than the other and demonstrators cannot be allowed to infringe on the rights of the business people, drivers and pedestrians,” Nderitu said.

The Group, which consists of over 100 business owners operating in various sectors, also asked the Internal Security Cabinet Secretary Dr. Fred Matiangi and the Inspector General of Police Joseph Boinnet to ensure that the rights of all Kenyans are protected.

“Nairobi is far too important for the business community not to be taken through unnecessary political shenanigans going on now for 3 days a week,” he added.

The Group’s sentiments follow yesterday’s demonstrations by opposition supporters which witnessed the looting of shops, vandalism and vehicles destroyed.

Businessmen Harrison Mburu and Gerald Ng’ayu described how they have suffered losses since the Supreme Court order for a fresh Presidential election.

Mburu, the technical Director at Calton International Limited, which is in the construction industry, says he has had to lay off over 50 people.

“I have lost over Sh100 million this year due to these elections. Money is held up because everyone keeps saying they are waiting until after the elections to release monies,” Mburu said.

Businesses are not the only ones to lose out due to the elections. On September 1, following the Chief Justice Maraga ruling, the Nairobi Securities exchange lost Sh10 billion in less than an hour.

Advertisement. Scroll to continue reading.

“We, however, expect the country to move on as soon as the elections are behind us,” Nderitu said.

Click to comment
Advertisement

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...

Headlines

NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...

Kenya

NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...

Coronavirus

NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...

Coronavirus

NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...