Kenya Faces Deep Economic Contraction on Reduced Spending

Kenya is likely to face a deep economic contraction at an estimate of 5 percent, according to management consultants McKinsey & Company if the COVID-19 pandemic is not contained. In its study  ‘’Tackling COVID-19 in Africa’ warns that the coronavirus outbreak could make it even bigger, longer and broad-based with household and business spending likely … Continue reading Kenya Faces Deep Economic Contraction on Reduced Spending