East African stock market investors jittery over political, economic climate

Regional stockmarkets have been hit by an interplay between politics and macroeconomic factors. PHOTO FILE | NATION

East African security exchanges are facing an unpredictable political and economic environment that is likely to dampen stock prices in the second half of this year as foreign investors sell off shares while others postpone their investment plans.

This leaves shareholders of listed companies counting paper losses as the market value of shares declines.