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Anti-gay law could drain Kenya's economy by $7.8B yearly

Summary by News Central - Latest Africa News

A proposed anti-gay law in Kenya could cost the country up to $7.8 billion annually, according to a report released Wednesday by Open for Business, a Britain-based charity that assesses the economic impact of LGBTQ discrimination in East Africa. The report found that Kenya, Tanzania, Uganda, and Rwanda are already losing up to $5 billion per year due to anti-LGBTQ policies and societal discrimination. Although gay sex remains illegal in Kenya un…

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DNA

Kenya Faces $7.8 Billion Economic Loss If Homophobic Bill Passes

Homophobia Is Bad For The Bottom Line – Kenya Could Find Out The Hard Way A new study shows that Kenya faces serious money problems if it passes its anti-gay bill. The bill could hurt the country’s wallet in big ways and might create more problems than solutions. #KENYA: KENYA ANTI-GAY LAW COULD COST IT $7.8BN […]

9 days ago

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Mwanzo TV

Why Kenya Anti-gay Law Could Cost it $7.8BN Per Year

A proposed anti-gay law in Kenya could cost the country up to $7.8 billion per year, a charity said Wednesday in a report on the economic impact of discrimination in East Africa. Kenya Anti-gay Law Could Cost it $7.8BN Per Year: Charity Open for Business, a Britain-based charity that calculates the economic fall-out from discrimination against LGBTQ people, said Kenya, Tanzania, Uganda and Rwanda were already losing up to $5 billion per year due…

9 days ago

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