The Star has established there are concerns from the international community over political instability in the country that could easily make Kenya an undesirable business and investment destination.
Corruption allegations at Kenya Medical Supplies Agency, including the loss of assorted Covid-19 supplies, have also attracted the attention of the international community.
One missing shipment of donations came from Chinese billionaire Jack Ma.
It is understood the President and his delegation to France a week ago could not secure some lucrative deals as investors in Paris said they only could invest in Kenya after the 2022 General Election. Violence and instability are feared.
While in France, State House announced Uhuru oversaw the signing of a public private partnership with a French company to construct the Nairobi-Nakuru-Mau Summit Road.
However, it is understood the investors signed the framework but only committed to roll out the projects after 2022.
On Tuesday, Treasury CS Ukur Yatani, who was part of Uhuru’s delegation and a signatory to some deals, could not confirm when the accords signed between Kenha and Vinci Concessions would be rolled out
He referred the Star to the Kenya National Highways Authority.
“All engagements went well in France. Liaise with the director general of Kenha for details,” he told the Star on phone.
However, Kenha head of corporate affairs Charles Njogu declined to discuss the deals.
“No comment on that,” he said.
It was while Uhuru was abroad that violence broke out in Kenol, Murang’a, at a church fundraiser to be attended by Ruto. Two people were killed in clashes between pro-Uhuru and pro-Ruto sides.
It was immediately after Uhuru’s return that the National Security Advisory Committee agreed on stringent measures to contain political temperature. Organisers of public rallies and meetings are required to apply for police permission three to 14 days in advance.
It had been the practice for police only to be informed so security could be provided.
The NSAC measures were adopted at an urgent Cabinet meeting chaired by President Kenyatta on Thursday last week.
These concerns of waning international credibility and image are believed to have pushed Uhuru and Ruto toward some kind of reconciliation – exactly what kind is not known.
On Tuesday, former Senate Majority leader Kipchumba Murkomen told the Star while he did not know what transpired in France, he was “aware that the international community is worried about the direction the country is taking”.
The Elgeyo Marakwet lawmaker said on the phone both local and international investors are “on a wait and see mode”.
“No investor would want to invest in a country like Kenya, where the President has opened full war with his deputy, where civil servants are outrightly abusing the DP. It is a concern both locally and internationally that only when there is stability will investors have confidence in this country,” Murkomen said.
“The way the President is behaving is not inspiring confidence and if the fight continues, the shilling will weaken. No businessman would want to be in that situation,” he added.
Kiharu MP Ndindi Nyoro called on the international community to be “cautious when investing in Kenya as big projects were being rolled out to benefit certain families”.
“Look at the privitisation of sugar companies in Western Kenya. Some powerful individuals are hiding behind some investors, yet they are the ones buying these once-operational factories,” he said.
“The same thing is happening with the speedy push for signing of big projects, especially infrastructure, in which we know the local agents.”
(Edited by V. Graham)