The last time Kenya witnessed this kind of inflation was in June 2017, when it hit 9.21 per cent.
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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.
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.
Since June 2022, Kenya’s headline inflation has trended above the 7.50% upper band statutory target owing to
elevated food and fuel costs. The inflation hit 8.5% in August from 8.3% in July.
https://khusoko.com/2022/09/13/william-ruto-sworn-in-as-5th-president-of-kenya/ “This is a momentous occasion for Kenya. Our politics and elections have never failed to be emotive, engaging and…
The Bank is in the final phase of its five-year strategy, which is built on three key pillars: growth, transformation, and Returns.

