Global consultancy to discuss elections risk

A woman casts her vote at the Pumwani Social Hall on March 04, 2013 /HEZRON NJOROGE
A woman casts her vote at the Pumwani Social Hall on March 04, 2013 /HEZRON NJOROGE

The General Elections to be held in two weeks and possible effect on local businesses and the region, are some of the topics that global consultancy Control Risks Group will highlight next week.

The consultancy specialising in political, security and integrity, is expected to present an overview of some of the challenges facing the global economy and how these will impact Kenya and the neighbouring countries.

Risks associated with the upcoming polls are becoming a key concern for local companies who have begun issuing security tips to staff.

Bamburg Cement and A Team Security are some of the companies that have issued security advisories for their staff ahead of the August 8 polls.

Analysts have however said that while the General Election has created uncertainty, especially amongst investors, there is confidence that proactive steps have been taken by security agencies.

They will also discuss diverse subjects, including the Trump administration, EU politics, regulatory changes, and a fragmenting terrorist threat.

“The upcoming general election creates an uncertain environment and investors are expected to take a wait-and-see approach. We however expect security to be maintained at high levels towards and after the election period as the parliament has previously approved a supplementary budget with an allocation towards security,” said an economic review by Cytonn Investments.

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