PATRICK OBATH: “Two things happen, one is that if there iss any investment to be done it is delayed until after the election, once things are clearer. The second thing that we have experienced is that also the spending of people changes because people are also a bit more conscious and they tend to keep money aside just in case things don’t go the way that they expect. So that downturn is what we normally see every year before election.”
Kenya experienced ethnic violence after disputed presidential elections in December two thousand seven. At least one thousand three hundred Kenyans were killed. More than three hundred thousand others fled their homes to escape the unrest.
Since then, Kenyans have experienced four years of relative security. A new constitution is in place. It is meant to prevent the kinds of anger and political struggles that caused the violence five years ago.
But Kenya is not completely calm. Many people have died because of ethnic violence between competing communities in the Tana Delta area. Patrick Obath says the violence has not helped investors' confidence. He says it also harms his country’s image around the world.
And that’s the VOA Special English Economics Report. For transcripts, MP3s and now PDFs of our programs for e-readers, go to voaspecialenglish.com. You can also find captioned videos at the VOA Learning English channel on YouTube. I’m June Simms.
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2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25
2013-11-25