Jubilee Party Secretary General Jeremiah Kioni on Monday, January 27, lifted the lid on the real reason behind the meeting between President William Ruto and former President Uhuru Kenyatta.
Dubbed the Ichaweri Summit, Kioni clarified that the meeting was born out of Uhuru's initiative to restore faith in Kenya's economic capacity occasioned by the rapid exit of many international firms from the Kenyan stock market. "One of the things that my party leader (Uhuru Kenyatta) told me why he sat with William at Ichaweri, was to try and see whether there could be an injection of hope that could go into the market so that the exodus of companies to Tanzania and Uganda gets slowed down for the sake of young people so that we see whether we can generate employment," Kioni stated. "The number of companies exiting the stock market in this country is even worrying to the international community.
The number of firms that are being closed on a daily basis is also scary.
And why would that happen?
