Raila warns of effects of US credit crisis

More resilient

Mr Njuguna attributes this to free flow of information.

“Our consolation perhaps is the fact that our banks are stable. We are more resilient in that line than the US,” he added.

However, Mr Nguhi Gitau, a research manager at Dry Associates, does not think that the Kenyan stock market will be affected as much.

“Well, people might lose confidence in the stock market but it will be short-lived to spread to Kenya. We are not directly linked with the affected markets,” she said.