By Chrispinus Omar NAIROBI (Xinhua)
-- The Kenyan economy has shown much
resilience amid perceived political uncertainty, an official
tasked with enhancing the country’s image and national
identity said on Thursday.
Brand Kenya Board
(BKB) Chief Executive Officer Mary Luseka said the East
African nation continued to show resilience owing to its well
diversified economy, which is the fourth largest in
Sub-Saharan Africa with a gross domestic product (GDP) in
excess of 60 billion U.S. dollars.
“Over the last
five years, Kenya has surpassed global and regional economic
growth rates to emerge into an economy that ranks favorably
among its peers. This has definitely positioned Kenya as an
attractive investment destination,” Luseka said in a statement
issued in Nairobi.
Luseka’s statement
came at a time when economic analysts are projecting a rosy
outlook for Kenya’s economy irrespective of the outcome of the
ongoing presidential election petition hearing at the Supreme
Court.
Share prices at
the Nairobi Securities Exchange have in recent weeks gone up,
with the Kenyan shilling gaining strength against the U.S.
dollar.
The East African
nation has established itself as a regional commercial hub,
nurturing a stable economy with highly trained working force
as well as a well developed industrial capacity.
Luseka also
credited Kenya’s positive performance to the calm and
respectful conduct exhibited by Kenyans that has guaranteed
continued economic activity, adding that this is a clear
demonstration that Kenya’s democracy has come of age and that
the country’s systems of governance are robust.
