Global consultancy to discuss elections risk

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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