Foreign investments dip on virus jitters


The Standard | by Macharia Kamau

Kenya is staring at a major drop in the amount of money investors pump into the country in new and continuing projects.

This as Covid-19 pandemic forces foreign firms to slow down on investments owing to the uncertainty caused by the deadly disease.

A new report by the United Nations Conference on Trade and Development (Unctad) said due to the uncertainties caused by Covid-19, companies held onto their money and slowed down on investments over the first half of this year…

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