§ 80. Mr. Alportasked the Secretary of State for the Colonies the estimated additional financial expenditure incurred as a result of the existing emergency in Kenya at the latest convenient date; and what effect the outbreak of violence in Kenya has had upon the flow of capital for development purposes into the Colony.
§ Mr. LytteltonThe Governor estimates that approximately £750,000 will have been expended up to the end of January, 1953.
The emergency has not materially affected the industrial areas of Kenya and I am informed by the Kenya Government that it has not had any considerable deterrent effect on either public or private planned investment.
There has, however, been some diminution in the number of inquiries and some schemes still in their initial stages have been postponed.