Kenya’s private sector activity declined in October as elevated price pressures, and higher operating costs continued to dampen demand and…
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Costly sugar comes at a time when the country’s sugar production in August dipped 34 per cent compared to the previous month, attributed to immature canes.
The US remains the largest source of remittances into Kenya, accounting for 59 per cent of money sent back home in the month under review.
A prolonged drought has left almost 5.5 million people facing hunger, according to the United Nations, as agricultural output declines.
Expectations at Kenyan firms for the next 12 months remained one of the worst on record, with just 12% of panellists predicting output to expand.
President William Ruto has nominated Njuguna Ndung’u to head Kenya’s National Treasury. A Central Bank of Kenya governor for eight…