“The markets have already priced in post elections development and given that so far the electoral process has gone fairly well, markets will bounce back. It is only temporary,” said Steven Kaboyo, the Managing Director Alpha Capital Partners.
Kadaga directed the East Africa Community Affairs Minister in Uganda to add her voice on that of the Speaker of the Kenyan parliament, Justin Bedan Njoka Muturi to remind Kenya that its delaying the cooperation
The inauguration at Kasarani Stadium ends months of controversy after the Supreme Court annulled results of the August 7 presidential elections in which Kenyatta had been announced winner. Court ordered fresh elections which were boycotted by the main opposition leader, Raila Amolo Odinga, handing the incumbent an easy victory.
According to Chebukati, Kenyatta won the repeat polls 7.4million representing 98.2 percent of the 7.7million votes cast. He was followed in second position with his main rival; Raila Amolo Odinga who boycotted the fresh polls with 0.96 percent of the total votes cast.
President Yoweri Museveni on Friday night congratulated his Kenyan counterpart, Uhuru Kenyatta, upon re-election as President of Kenya. The Independent Election and Boundaries Commission IEBC on Friday night declared Kenyatta winner of the 2017 presidential election with 54.27 percent of the votes cast.
Bus operators plying Kampala-Nairobi route have reduced the number of buses ahead of Kenyas general election on Tuesday. At Simba Coaches on Lumumba Avenue, buses that were supposed to have gone to Nairobi remain parked. The transport manager, Mzee Sultan, says they usually operate six buses daily to Nairobi but today they are sending only one.
The committee observes that previous elections in the neighboring East African country have significantly affected fuel supply into Uganda. The worst case scenario was the 2007 post-election violence which interrupted fuel supply causing a severe crisis as fuel depots ran dry in Uganda and Burundi.
Jubilee Alliance leader Uhuru Kenyatta is holding a significant lead in the elections after Independent Electoral and Boundaries Commission (IEBC) adopted the manual system and abandoned the electronic vote transmission.
Five judges of the Kenya High Court have cleared presidential candidate Uhuru Kenyatta and his running mate, William Ruto, to contest in the March 4 general elections. The Court has ruled that it has no jurisdiction to block the candidature of the two who are due to stand trial for crimes against humanity at the International Criminal Court.