EABC demands Kenya to Compensate Rwandese and Ugandan investors


 Nairobi, 23rd June 2016 --- The East African Business Council (EABC) demands Kenya to compensate Ugandan and Rwandan traders whose properties worth over $47 million were destructed during the 2008 post-election chaos.

Sixteen Ugandan and Rwandan traders who saw their trucks and goods destructed along the Northern Corridor (Nairobi-Eldoret-Kampala highway) have been suffering in silence after their eight years-efforts to get their compensation through diplomatic channels, born no fruits.

In its engagement with Kenya’s deputy President, William Ruto in his residence house at Karen in Nairobi on 21st, June, 20016, the EABC sought an update on the issue of compensation for Ugandan and Rwandese investors.  

We would like to know the status of the compensation of the Ugandan and Rwandese Investors who lost property and goods worth $47, 557 081.00 as a result of the 2007/2008 post-election violence following the Kenyan General Electionpresented the EABC CEO, Ms Lilian Awinja

The EABC, an apex body of business associations from the five East African partner states, also underscored the importance for Kenya to enhance peace and security along the Northern Corridor, as a major transit route.

Specifically, EABC requested Kenya to guarantee the regional business community that it will enhance peace and security of property for businesses established and transiting through Kenya before, during and after the 2017 General Election in Kenya.


The Northern Corridor plays a critical role in transport facilitation of goods from Mombasa to Kigali, Kampala, South Sudan, and DRC, and should be kept secure for purposes of movement of goods along the corridor and the multiplier impact, which generates economic growth in regionsaid Ms Awinja .

In his response, Kenya’s Deputy President, Mr William Ruto directed the cabinet secretary for Finance, Mr Henry Rotich to convene a meeting as soon as possible with EABC key players, to solve the issue once and for all.

According to Mr Ruto, the meeting should also attended by the internal security Cabinet secretary, Maj Gen Joseph Ole Nkaisserry, Attorney General and other relevant officials to conclude the matter that took eight years.


Mr Rutto also guaranteed security to the business community before, during and after the forthcoming general elections in 2017.
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