Kenya’s economy is on the verge of collapse due to persistent political intrigues among leading political parties, Kenya Private Sector Alliance (KEPSA) Chairman Vimal Shah has said.
On Saturday, he urged members of the political class to avoid engaging in endless political competition throughout their stay in office and instead engage in constructive development agendas for the people.
He said persistent politics poised threat in keeping investors away due to fear and insisted that the country has a chance to revive its dwindling economic fortunes.
“Kenya is a blessed country but we have one major problem and everyone knows. We cannot politic throughout the five years after every election and expect to thrive," stated Shah.
"The economy of the nation is at risk because persistent political campaigns keep investors away,” he added.
Vimal Shah also urged members of the political class to concentrate on empowering people at grassroots levels and warned them of subjecting the country in the electioneering mood.
“Unlike other parts of the world, Kenyans are always subjected to electioneering mood and this is perilous to development. Politicians should concentrate on promoting positive economic development to our people," said Shah.
"Otherwise, with these continue political fights, our economy is in danger and I see the nation’s economy collapsing,” he added.
He urged political leadership to hold dialogue in vital national matters to avoid endless intrigues that scare investors from investing in the country.
“We cannot always say that certain group is perfect and another one is wrong. The most important thing is that we can talk about this matter,” he added.