Cytonn Investments says the terrorist attacks will cause sporadic disruptions and uncertainty in the short-term.
The firm in its latest report says in the long term the country has a positive investment potential as long as the government curbs the recurrence of the terror attacks.
“However, we make the big assumption that the government will quickly, aggressively and, most important, appropriately, act to contain insecurity so that acts of terrorism such as those in Mandera and Garissa do not become the norm, ” the firm said.
According to the report, Kenya is one of the last markets where investors can consistently access GDP growth of six percent to eight percent per annum over the next decade. Read more. Source | Capital Fm Kenya