When the campaign period ends on 6 August, top presidential contenders Ruto and Raila will be beyond doubt the highest spenders.
Raila’s Mount Kenya connections
Raila is backed by, among others, a group of wealthy individuals from Mount Kenya region under the auspices of the Mount Kenya Foundation.
In 2017, the foundation bankrolled President Uhuru Kenyatta and Ruto’s, re-election campaign. In one occasion, for example, the group organized a fundraiser that collected almost KSh1bn ($8.8m) in less than two hours.
The group comprises former Equity Bank Group chairman Peter Munga, Royal Media Services chairman SK Macharia and Lamu Port-South Sudan-Ethiopia Transport Corridor Development Authority chairman, Titus Ibui.
Given that this election might go either way, some businessmen from Mount Kenya have decided not to put all their eggs in one basket so as not to miss out being in the next
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