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Kenya Risks Losing Shs11Trillion To Foreign Investors Over Disputes

Kenya could pay KSh334 billion (UShs11.9 trillion) in cases filed in the International Centre for Settlement of Investment Disputes by foreign investors, reports the Standard.

Trade Permanent Secretary Chris Kiptoo on Wednesday said the disputes touches on environment protection public health and taxation. Kiptoo said the government has formed a unit to go through all the investment agreements to ensure such mistakes are not repeated.
 

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