KENYAN COMPANIES IN SOUTH SUDAN SUFFER HEAVY LOSSES DUE TO VIOLENCE OUTBREAK

Kenya Airways, Fly 540 and Kenya Commercial Bank are among Kenyan companies that are counting heavy losses following a fresh outbreak of political violence in Juba, capital city of South Sudan.The violence, which started last week, continued over the weekend, hindering local and international businesses. Already American Embassy has started to evacuate its officials. Kenya Airways yesterday said it would indefinitely extend its suspension of flights to Juba, because of safety reasons.

KCB, which has branches in all the 10 South Sudanese states, said it had scaled down operations in view of the deteriorating security situation in the country.
The unrest which has been experienced for some months now ,followed the African Union-brokered peace deal between the warring factions and Vice-President Riek Machar’s return to the capital in May.