Great business prospects in a tough political environment
The Two Rivers Mall which opened in February 2017. The magnificent shopping complex is set to host a new 172-room hotel owned by South African investors. Despite the ongoing political uncertainty, several foreign investors are seeing great business prospects and investing in the country. PHOTO | JEFF ANGOTE | NATION MEDIA GROUP
Investors could also be learning how to do business in countries such as Kenya that have periodic spikes of political activity but remain viable investment destinations.
The political environment may appear volatile but there’s always a sad or happy ending — depending on the payoffs for each party to the political contest.
Indeed, politics is less of a crisis in a country that has more urgent problems to solve.
The business community can be excused for being cautiously optimistic and taking a long-term view, even in hard economic times.
In the midst of the prevailing political chaos blamed on the Supreme Court’s decision to annul President Uhuru Kenyatta’s victory in the August 8 election, some investors are cutting smart deals that are likely to give them a head-start over their competitors when the crisis is resolved.