Electoral uncertainty limits investment - business leaders
Thursday January 07 2021
Traders in down town business is still low despite the relaxation of some Covid-19 containment measures. PHOTO | ALEX ESAGALA
Summary
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Investors are taking a ‘wait and see’ approach as they put off key investment decisions ahead of the general election next week. Most investors are keeping their purse closed until after elections when they are certain about the future and the direction of the country.
According to the private sector apex body in the country, investors both local and international - have gone through hard times in 2020, due to the Covid-19 pandemic and the resultant containment measures instituted by the government since March last year.
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