Kenya's Private Sector Sees Fastest Growth in 11 Years

Loading of cargo from the port of Mombasa to the Standard Gauge Railway. Equity Bank has launched a new service that allows its customers to make payments and access their accounts across five East African countries: Kenya, Uganda, Tanzania, Rwanda, and South Sudan.

Kenya’s Private Sector Sees Fastest Growth in 11 Years

The February Stanbic Group Purchasing Manager’s Index (PMI) indicates the first positive growth in Kenya’s private sector in six months. The PMI climbed to 51.3 from 49.8 in January, exceeding the 50-point growth threshold for the first time since August 2023. “There was a notable expansion in private sector activity in February, with output increasing in … Continue reading Kenya’s Private Sector Sees Fastest Growth in 11 Years