February 17, 2024

Chamber Tells Media Not to Scare Investors

Ms Fatma Elmawy Vice President Kenya Chamber of Commerce and Indudstry. Image: GURACH WORRA


Email: thecoastnewspaper@gmail.com
Kenya National  Chamber  of  commerce and  Industry (KNCCI) want media to be fair when  reporting on upcoming Enterprises not to jeopardize  their viability in the economy.
Speaking  at a hotel  in Malindi during a two day  workshop retreat for the Chamber officials the second  vice President for  the  Chamber ms.  Fatma Elmawy  said Media has a duty to help improve  the deteriorating businesses but not  to taint it especially during the onset of the covid19 pandemic.
Elmawy said unsabstianted reports will only drive away Investors who would otherwise have helped bussiness thrive  in the time of  crisis.
“The current trend of Media out burst is a bad taste to us as it will scare away  investors and  result to economic downfall  ” she said. 
The KICC Coast Regional Director Hassan Wario also defended the Chamber president mr.  Richard  Ngatia from accusation that  he was linked with shaddy deals  with KEMSA in the  Covid19 equipment.
“What we are seeing in the media  was meant to stop the Chamber  president  from helping the  SMES in the country for their own benefit.”
“we should fight it to the bitter end so that SMES become the backbone of the economy of this country” he said during a press conference.
Mr.Richard Ngatia has so far strongly  denied  connections with  the firm that was allegedly  involved  in supplying  items donated by Jack Ma.
Ngatia has  already gone to court to sue a section  of the  press  that  are spreading  false  reports   tainting his name.
The two days retreat involves a training for  six coastal county leadership on how to improve the small medium enterprises that were affected by the  pandemic.
Tana river, Kilifi, Lamu, Taita- Taveta and Kwale  county governor’s were in attendance.

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