By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Kenyan business group opposes growing expenses of continued youth demonstrations
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > Business > Kenyan business group opposes growing expenses of continued youth demonstrations
Business

Kenyan business group opposes growing expenses of continued youth demonstrations

Ivy Irungu
Last updated: July 23, 2024 8:39 am
Ivy Irungu
1 year ago
Share
SHARE

The Nairobi Business Community has voiced their disapproval of the ongoing protests, citing significant financial losses due to looting and business closures. Ferdinand Kamau, the chairperson of the Nairobi Business Community, stated that while they support the right to protest, they condemn the violence and disruption of businesses that have occurred during these demonstrations.

Kamau also criticized the practice of closing the country twice a week, calling it detrimental to the economy.

“We have lost more than Sh6 billion in the last four weeks not only because of goons but also closing our businesses during these protests. You close the country twice each week, how much do you lose? Too much!”

The community urged Gen Z to allow the government sufficient time to address their demands and called on parents to encourage their children to conduct peaceful demonstrations.

They also reiterated their previous stance that they will mobilize to protect their businesses from hired goons disguising as peaceful protesters.

Kamau emphasized that business owners in Nairobi would be prepared to safeguard their establishments and support security agents.

READ MORE  Dollar calm as debt ceiling talks to resume

“Last week, we protected nearly 99 percent of the businesses in the CBD, and we will do the same tomorrow. We will not close our businesses and go home,” Kamau declared.

During last week’s protests, business people were seen patrolling the Central Business District (CBD) wearing orange reflectors and armed with batons to protect businesses and prevent looting or property damage.

Despite President William Ruto withdrawing the proposed tax hikes and dismissing nearly all of his cabinet, youth-led protests continue across Kenya. Activists are now calling for Ruto’s resignation and demanding reforms to tackle corruption and improve governance.

In order to circumvent the 8-year rule, used automobile dealers rush orders.
Kenyan Doomsday Cult Leader Charged With Murder Of 191 Children
Tanzania To Build 22-Floor Twin Towers In Nairobi’s Upper Hill
Apple Now Requires A Judge’s Consent To Hand Over Push Notification Data
Crown Paints profit rises 13pc to Sh824m
Share This Article
Facebook Email Print
Previous Article Senator Onyonka discusses Gen Z demos and how ongoing government scandals are driving young people out on the streets.
Next Article 2.8 percent less sugar is produced locally in Q1, 2024.
about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Amorim confirms again that Onana was FIT TO PLAY last week and it was HIS CHOICE to leave André out… .“He’s ready, as he was one week ago. I have now make a DECISION on the goalkeeper”
  • Four more bodies exhumed in Kwa Binzaro amid ongoing investigations
  • Schools reopen amid capitation crisis as third term begins
  • Man d!es while f!ghting with another man he met at girlfriend’s house
  • #EPL: Gary Neville picks player to step in for injured Saka

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?