Property worth billions of shillings was yesterday vandalized during azimio demonstrations popularly dubbed maandamano. Protesters looted into shops and supermarkets in order to gulp an inch of on sale items.
Many businesses remained closed on Tuesday as protests rocked the capital Nairobi and other parts of the country, resulting to losses of an estimated sh 3 billion, underlining the economic cost of the protests.
In a day of drama,the police were locked in running battles with pockets of protestors who lit bonfires and barricaded roads in various towns including Nairobi,Mombasa,Nakuru,Kisumu and Kisii.
The Kenya Private Sector Alliance (KEPSA) has now put numbers to the economic implications of the of the protests and says that private sector is losing an average of sh3billion daily owing to the ongoing demonstrations which translate into subdued business activity across the country.
The demonstrations are a double blow to businesses already recording reduced sales due to a drop in demand for goods and services from consumers owing to high prices.
Tonnes of goods , perishable and non perishable lay uncollected and untransported to the destinations.Those involved in these businesses say the losses are immense