Browsing: Business activity in Kenya

Businesses activities in Kenya increase tions

Business activity in Kenya rises as general election concludes peacefully

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  • Business activity in Kenya increased in September, helped by the conclusion of the general election 
  • The Purchasing Managers’ Index (PMI) commissioned by Stanbic Bank shows that the growth in business activity in Kenya was the first recorded in seven months 
  • As a result, the headline index posted in September was at 51.7, up sharply from 44.2 in August.
  • The reading signalled a renewed and modest improvement in overall business conditions.

A new report has shown that the conclusion of the general election in Kenya led to increased business activity in the country in September.

According to the Purchasing Managers’ Index (PMI) commissioned by Stanbic Bank, the growth in business activity in Kenya was the first recorded in seven months.

Business activity in Kenya was supported by customer demand growth following the general elections’ end.

It was also supported by an improvement in supply chains, encouraging firms to purchase more …