The Senate and the Kenya Private Sector Alliance (KEPSA) have condemned political intolerance saying the rising cases of violence during campaigns is untenable.
The two institutions have warned that political violence could lead to capital and investor-flight.
They called for political tolerance to protect the economic gains the country has made after post COVID-19.
The sentiments were made during the Senate Speaker roundtable economic recovery meeting with KEPSA at Enashipai Resort in Naivasha.
While condemning the violence witnessed in Kondele Kisumu early in the week, Senate Speaker Kenneth Lusaka warned that political violence could derail economic gains in the country.
Lusaka noted that violence affects all sectors and called on his fellow politicians to be careful in their speeches months to the next elections.
“We have recorded some cases of political violence which are not healthy for a country that is yet to fully recover from the pandemic,” he said.
Lusaka at the same time noted that double taxation and a rise in the cost of living has eroded investor confidence.
He lauded the move by the national assembly to summon senior government officers to explain the rising cost of fuel.
KEPSA CEO Carole Kariuki said they have planned a leader’s summit in the next couple of weeks to address elections preparedness, security and support for business.
Kariuki decried the rising cost of production in the country, noting that it is pushing manufacturers out of the market.
“We are deeply concerned by the rise in electricity and fuel prices in the last couple of months while double taxation remains one of the biggest challenges facing investors,” she said.
The Senate Majority Leader Samuel Pogishio called for sobriety in political campaigns warning that violence could lead to disruption of businesses and peaceful coexistence.
“Senate has several pending bills meant to protect investors and we shall place them on the priority list so that we can give the trader a conducive environment to conduct business,” he said.