- Amid the anti-government protests, Samia jetted into the country for almost a week stay at Mt Kenya Safari Club in Nanyuki-Nyeri
- Security analysts confirmed that Suluhu had been requested by President Ruto to negotiate with Azimio leader Raila Odinga
- Raila, tricked Suluhu until she left the country without meeting him at Ruto’s close ally tycoon Humprey Kariuki motel Fairmont Safari Club in Nanyuki
Tanzanian President Samia Suluhu left the country embarrassed after President William Ruto sent her to hold talks with Azimio leader Raila Odinga at Mt Kenya Safari Club in Nanyuki
Suluhu, who jetted into the country in a low profile where Tanzania Air Force one landed at Laikipia Air Base and kept under guard for one week
Contrary to any other Presidential visit where the hosting President William Ruto has always been receiving guest(s) at Jomo Kenyatta International Airport, was not received by her counterpart host
She spent her long days and nights at Fairmont Safari Club in Nanyuki while waiting opposition leader Raila Odinga who never turned up
Details obtained by safinews.co.ke on Tuesday 18th July, intimated that Mr Odinga was fearing of possible assassination plot under the guise of mediation talks hinted by Trade Cabinet Secretary Moses Kuria
Kuria and former ICT Chief Administrative Secretary Dennis Itumbi had hinted on their Twitter that Odinga will die in the morning of Wednesday 19th July and be burried on 29th July, 2023
However, after Suluhu’s mission flopped in the country, when she returned back, she disclosed that Kenya has lost substantial number of investors owing to political instability
This statement, made several foreign investors opt to Tanzania as their tourism destination, by her president confirming to the whole world that her country had welcomed several investors over Kenya’s insecurity turmoil
It was however rumoured that during her stay in Kenya, hosted a number of her top national delegates where she revealed Kenya’s economy is in somewhat in shambles
Generally, Kenya has been hit hard by ongoing demonstrations defacing President William Ruto’s administration
The Opposition, led by former prime minister Raila Odinga called on Kenyans to demonstrate from Wednesday, July 19 to Friday, July 21 until the state listens to the cry of already oppressed citizens
Tanzanian president Samia Suluhu revealed her country is witnessing an influx of investors fleeing from Kenya due to political hardliners.
In furtherance of her unreported remarks, a video shared on social media, she later noted her government had welcomed several investors who quit the Kenyan market over political instability.
The president said anti-government protests, which had rocked several Kenyan towns, caused jitters among foreign businessmen.
“The director of investment in Tanzania was interviewed on TV. He said that in May and June Tanzania had received many investors never witnessed before.
What’s the reason? It’s because, across the borders, there’s tension in our neighbouring country, and investors are worried over political instability. They flee and find a safe place here,” Suluhu said.
The Global investors are worried about the fresh wave of anti-government protests, which will hurt the struggling economy.
On Wednesday, shops across major cities were shut down as business owners stayed home to avoid clashing with protesters.
Elsewhere, FX Pesa lead market analyst Rufas Kamau warned that foreign investors could exit the Kenyan market.
He cited political instability and the new raft of taxes introduced under the Finance Act 2023.
“Foreigners will exit and invest in other countries. By the time we realise that tax revenues are lower and go for the eventual repealing, the tax base will have shrunk.
“Overall, this high-interest rate environment is expected to slow down the economy, lead to lower Nairobi Securities Exchange (NSE) stock valuations, and raise unemployment as firms restructure to survive the tough economic conditions,” Kamau explained.