Home Business Investors count losses after Lake Baringo waters submerge hotels

Investors count losses after Lake Baringo waters submerge hotels

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[Source: Business Daily, by Eric Matara]

Several multi-billion tourist hotels, lodges and tented camps are among business establishments that have been hit hard by the swelling Lake Baringo waters.

The businesses that were already reeling under the weight of the Covid-19 pandemic, have now been submerged triggering economic losses worth millions of shillings.

A spot check by the Business Daily revealed that most of the affected were on the shores of the tourist lake and others on several islands within the water body…

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