CORPORATES AND POLITICS:-There is a very interesting piece,` THE - TopicsExpress

CORPORATES AND POLITICS:-There is a very interesting piece,` THE RAILA FACTOR IN YUMOBILE EXIT` in today`s Business Beat.The piece says that as we approached 2013 elections,YuMobile parent company Essar`s top brass crossed fingers firmly that top contender Raila would clinch the presidential seat.Had Raila won,the Indian company would have invested Shs 7B in their oil and telecommunications operations..But with what happened after supreme court ruling,all Essar`s plans fell apart.And the reason why Essar is scaling back from the kenyan operations..And my question is ,how many other companies depended on the Jubilee win to invest in kenya? And of what particular interest was Raila`s win to an extent it has now determined Essar`s future or no future in kenya? Does the Chinese companies involvement in kenya now ring a bell?..Politics greatly influence the environment in which internation corporates operates and whether they continue to operate or close shop depends with who is in power and his policies .

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